iluvgold, thanks, that was educational. Off topic slightly - exactly how does Qantas make money from its FF program. Is it just yearly membership or other sources?
I note at one stage the Canadian version of the FF program was floated and the market actually valued it MORE than the airline itself - that's quite funny.
Frustrating that to me AIO has good assets but as you say the debt could (or would have) drowned it if no capital raising etc.
Do you think that the new ppl that have come on board is not enough?
Add to My Watchlist
What is My Watchlist?