qantas versus virgin, page-10

now that qantas has a bb+ credit rating,

it will cost it a hundred hundred million more in interest per year, without any rises in interest bills!

as the union is strong and inflexible,

it will be near impossible for management to implement any meaningful change!

they will find it harder to finance more modern fuel efficient aircraft,

with a reduced credit rating and weakening balance sheet.

imo, there best bet is to play hard ball with the government and the public:

slash unprofitable services.

code share out of as many routes as it can and rely more on other one world carriers.

divest out of australia.

reduce the size of it's operation.

turn more issues into political issues.