PPRuNe Forums - View Single Post - Qantas will be dead in 6 months
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Old 18th Apr 2009, 00:52
  #43 (permalink)  
Gingerbread
 
Join Date: Jul 2006
Location: NSW
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The difficulty with your view Puffy is that it doesn't take into account that:
Jetstar's success contributed but 10 per cent to Qantas Group earnings before interest and tax last year."
Murdering the Roo to save a potentially rising star is just too risky.

Much safer to push 'Joey' out of the pouch when it can fend for itself and set up a 'new world airline' that is much more capital efficient than both Qantas & Jetstar can ever hope to be.

In the big scheme of things, all this nasty industrial argy bargy, really is just small change.

No need to worry though - if AJ doesn't get it, ultimately the Government and the Shareholders will do it for him; unless of cource the global economy and the airline industry suddenly unexpectidly recover and things spring back to what they were.
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