PPRuNe Forums - View Single Post - Gregg, Dixon, Carnegie, Singo make a play on QF
Old 26th Nov 2012, 10:21
  #66 (permalink)  
Sunfish
 
Join Date: Aug 2004
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The value of Qantas to various people differs markedly.

To a narcissist, controlling Australia's own national airline gives them a seat at the top table in Canberra. It also means that they outrank any state premiere since they have them by the balls due to the effect on international business investment on the frequency of direct international flights.

To Carnegie and the VC mob Qantas means three billion in cash that can be paid to themselves after replacing the money with debt. Mitt Romney made millions doing this.

To Harvey, Singo and the like, Qantas is leverage over state and federal governments. You would expect to see Rhinehart and Forrest on the list eventually.

Gough whitlam got it right: " being made a Director of Qantas is the Australian equivalent to being sent to the house of lords".

Last edited by Sunfish; 26th Nov 2012 at 10:22.
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