I agree with the BIG end of town in so far as it relates to ' Protected ' Corporate's. So at the end of the day he was just a ' Puppet ' for the Government and their National carrier. Bring on the Senate inquiry I say ....., but I doubt it will lead to anything at all. And do you actually reckon that ALL those perpetrators who breach the COVID distancing , masks , and travel restrictions actually had to pay their exorbitant fines. I doubt they did.
So the precedence in some ways is probably already in place for Qantas to get off the hook for honoring the COVID flights. Who knows.
But I don't think he has screwed the airline as much as he has screwed the Australian people and consumer. The airline is profitable. In fact its record profit. However , the Airline will feel the pinch in the future based on its capital allocations to new aircraft verses return to shareholders and buybacks to prop the SP.
But we're not here to talk about Qantas .....unless they are switching to Lithium powered electric turbine driven aircraft ......
SYA Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
(20min delay)