Yes and where do those predictions of sub $1bn loss come from....no chance it was the managing of analyst expectations by the Rat and their angels do you think with some well placed strategic leaks or some quiet briefings to a select few as revealed in the Senate Committee hearings???
This write down of the fleet is an interesting accounting exercise that is designed for one major purpose, hit the current shareholders and set up a windfall for anyone coming in down the track if there is anything left by the time this lot finish with the carcass.
Shameful more than confronting except to our intelligence.