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SierraHotel

Qantas will be saved by the government

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but it might not be Australia’s

 

Not that long ago, Qantas was considered the world’s most-profitable airline. Now the 93-year-old Australian carrier, famed for its unblemished safety record, is struggling to stay in the air without help from its government.

 

http://qz.com/155123/qantas-will-be-saved-by-the-government-but-it-might-not-be-australia/#!

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Qantas owns 12 A380-800's. This has to hurt in todays economy. I am sure they are having issues getting $'s/seat and I am also sure they can not unload them. This must be a factor in their own government backing a bailout. Emirates unfortunately IMO has the capability to make the 380's more profitable. The only other option I see is a merger between Virgin and Qantas. I don't see Richard Branson going for that.

 

Thanks,

Ron

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The only other option I see is a merger between Virgin and Qantas. I don't see Richard Branson going for that

Or fellow share holders Air NZ, Ethad and Singapore.

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They let Holden Motors die the other day and liberal party wont save Quantas ethier.

You can leave out the politics in the forums.

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