PPRuNe Forums - View Single Post - How to Fix the Qantas International Business
Old 12th Jun 2011, 02:05
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breakfastburrito
 
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Originally Posted by TIMA9X
by selling the orange star to focus back on Q is the only answer
Unfortunately this is exactly what the managers are hoping for. Think of it this way, good bank, bad bank. All the goodies are stuffed into the "good bank", and all the toxic waste into the "bad bank".

Qantas is now chock full of the jetstar start-up & opportunity costs (old fleet), and so, ailing. Jetstar, on the other hand has all the goodies (new fleet, routes, landing & terminal slots). If Jetstar is to be sold off, it will be purchased by private equity (KKR?), and all the execs will be in the lifeboat. The toxic waste farm (QF) will be flogged off to the widows & orphans or re-nationalised or put to death.
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