For goodness sake how transparent is this "shock horror" news!
QF lobby the Government for release from maximum foreign ownership threshold and Abbott is quoted as being cool on the idea. So the little
PR people go onto Plan B and release shocking news to try to create urgency in their demands.
As Peter Costello said, at the time AN collapsed, QF was adamant they should receive no government bailout, yet here QF themselves are now, a fully privatized company, trying exactly the same approach?
And if all of the savage cutbacks the genius top management imposed on Qantas were the only way to save the business and yet now after all of these cuts it can't even make a profit in the first (allegedly most profitable) business quarter, what the hell have they done? It would be the first ever such loss since privatization. How can this ineptitude continue to go rewarded?
And if JQ is as profitable as they claim, why the hell would you sell it?