Qantas In 5 Years Time?

[Gingerbread]

On its face, Boom is on the money when he points out:

$3billion in cash and the $500million capital raising two months ago..[means] financially QF is in great shape

Nonetheless, keeping the airline's Investment Grade credit rating and the debit/equity ratio under 50%, won't be easy when the Company starts taking delivery of its many new aircraft, if it keeps burning cash at a rate $30M a month.

Without the $1.5B cost reduction Q Future is supposed to deliver, expect both the debit/equity ratio and the Investment Grade credit rating will go south - along with many other things we cherish in Qantas.

Is still a long way to go to get out of the woods. Don't sign up for a new car just yet.