This comes as the national carrier backtracks on earlier statements about the carbon tax, releasing a statement saying that the tax was ''among the significant challenges we face''. Earlier this week the company said its problems ''were not related to the carbon tax''.
It was unbelieveable that this statement was released on Monday, prior to the cabinet meeting considering the debt guarantee. When you are on bended knee to the government over something this big, you tell the public that you believe in little pink and yellow pixies if they ask you to. When the government is belting the opposition over the head with the carbon tax in parliament on Monday afternoon, and you want them to consider several billion dollars of unsecured funding on Monday evening, it beggars belief that you would be stupid enough to say publically that your problems are 'not related to the carbon tax'.
Hockey said on AM yesterday that he was 'surprised' at QANTAS' comments which is shorthand for, "These idiots seriously expect a handout when they're not smart enough to back us on this?" This is symptomatic of how stupid these execs are and was probably the final nail in the coffin for any chance of the debt guarantee.
I'm interested to know now how the board EVER plans to fund any 787-9s as they simply can't afford the price of debt in the marketplace at the moment. If they can't get those aeroplanes QF international is dead. It's that simple.