Liv, I don't have time to explain. Replacing the cash with debt will kill the airline. Spending the cash to retire debt will kill the airline. Joyce will kill the airline and Dixon will kill it as well as you know it.
What you are watching is the hyenas fighting over who gets to eat the body. At this stage it will be Emirates that gets to eat the lions share.
Without the sudden appearance of a management group that has an interest in Qantas going forward as a going concern as an Australian owned public company, it has no future. It is currently the plaything of some very rich and greedy people.
None of them have any interest in what the staff think or want. None of them have any interest in what the public want. None of them have any concern for the tourist industry or the national interest. Everything they do is strictly legal, but is it moral?
And the small mum and dad shareholder? Hahahahahahahahahah!
Last edited by Sunfish; 14th Dec 2012 at 04:47.