Will QAN survive?, page-2276

Generally speaking, those who are disinclined to 'invest' in QAN are not discussing 'theories'.

We're talking about facts or items with a high probability of becoming reality, such as:

the lack of passengers flying at the moment
the ongoing poor outlook
QAN's huge debt load and how it may/will need to have a capital raising
the possibility of rising interest rates (some would say, including me, that's a certainty)
how QAN must order a significant number of replacement aircraft for its ageing domestic fleet
the CEO's decision to keep/rehire all staff when there's insufficient work
the lack of net tangible assets on the QAN balance sheet
how many or most QAN flights are losing money daily once head office and ground costs are factored in
the underutilsation of a fair percentage of the QAN aircraft fleet
tendency of governments here and overseas to fecklessly react to health advisers' alarmist predictions
the lack of international tourists who used on average to take between two and three domestic flights while in Oz

and the

unwillingness of communities here and abroad to travel beyond their state/province/nation due to massive uncertainty about COVID-19 rules.

Some of these apply equally to REX, Virgin Australia and some foreign airlines.