.... and the CEO of Qantas, Elaine Joyce, who speaks no known language, makes more than the combined salaries of the CEO's of CX, SQ and NZ. Not sure that tells us too much other than QF is heading for Rookwood and HKA runs a sweatshop with staff turnover that is costing them millions.
As to the IPO....not sure which esteemed financial institution is charged with putting lipstick on the pig, spiking the float, and then pulling all their chips off the table, but whomever it is, they ain'y going to see any of my devalued HKD.
The prospectus is a master work of fiction, as befits an outfit (read large island in the south of the country) that is at least a year behind on paying landing fees in China. Given the amount of their kit that sits around CLK, there is no way they are in a position to do a kosher IPO.
FWIW