PPRuNe Forums - View Single Post - Qantas Shares! how low can they go?
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Old 10th Oct 2008, 00:25
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PammyAnderson
 
Join Date: May 2004
Location: Hollywood
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$2.63 when I last checked.
A lot of people getting quite defensive here when we are openly just asking is qantas on the right coarse. Yes many many companies are down, but the discussion was, has it all been handled correctly?. What could have been done better to prevent them perhaps following suit of so many other companies. I am sure that the banks going bust atm are not saying well its ok cos other banks have.... so its not our fault. A recent article i read commented on the multiple problems Q was facing, (i.e the recent incidents/public perception industrial etc etc). Again is this contributing to their current financial woos.
In such a tightning market, qantas is getting yet another fleet type also. (380) Is this a smart move? How many types are that? Is the answer from the new Joyce man to continue the cannibalisation of mainline flying. You can only cut so much in essential operating costs and employee conditions. As i said reminds me a bit of ansett. I hope I am wrong...

Last edited by PammyAnderson; 10th Oct 2008 at 02:21.
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