WEB web travel group limited

Coronavirus, page-150

  1. 1,976 Posts.
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    No business can take 6 months of ultra-low revenue. I don't care what size you are, the bigger they are the harder they fall plays into this big time. Why? well take Qantas, they have huge staff counts, massive OPEX costs to maintain, if the revenue comes to a grinding halt they are in big trouble. Huge layoffs, usually carrying debts with suppliers. I can't imagine they have paid for all there planes cash? Flight Centre is in a much worse position. They have 100's stores ..... I cannot imagine them keeping stores open if revenue slows down by 50% over the next 6-9 months?

    https://hotcopper.com.au/data/attachments/2029/2029416-64f8ffefda9afd5375758c3b8ea798c0.jpg
 
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