The shares may be down but let's face it, who's aren't? My view is that Qantas will survive as it has faced just about every adversity that life can throw at it, despite some questionable leadership in recent years. The new team has some challenges ahead but as we all know a new broom can cleanse; we are already seeing signs of this process before GD is out the door.
Another factor that will see Qantas through is the sheer professionalism of its staff at almost every level. Crew responded magnificently in the OJK and QPA saga and now ground staff are showing what can be done to maintain normal operations without two fleet units. Bravo all.
Just how many more incidents the Rat can take before the travelling public totally loses confidence in the carrier is probably a bigger and more concerning issue than the current economic situation.