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Old 10th Sep 2012, 08:27
  #314 (permalink)  
busdriver007
 
Join Date: Aug 2006
Location: Sydney
Posts: 298
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Teresa,
Jetstar International is a basket case.....40-50% load factors and discounted fares.....good luck keep it up and even Qantas won't be able to pay the bills. A hell of an expensive industrial fight. Valueair Board have stated they do not expect to return their cost of capital in the forseeable future in fact their words were "it is unlikely that Valuair will have taxable profits in the forseeable future". I guess that is what the QF cash was for...New Board and new management with some aviation background will do due diliegence and shut it down. It may be too late to save the Qantas Group....Your son would do well to take his experience elsewhere...

Last edited by busdriver007; 10th Sep 2012 at 08:28.
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