The Air NZ is a primer to what is in store for Qantas. Air NZ was down 35% today alone.
International air travel is done.
Domestic air travel will be done in the next week or two.
Tasmania is shutting itself off.
NT is thinking about it.
Wont be long till NSW,QLD and Vic follow suit.
What are the actual financials here?
I heard they have about $1 Billion in cash or thereabouts, but who knows how much of that is refunded back to customers.
How much per day do you reckon they will burn through?
Could they run out of cash in a month?
The Air NZ is a primer to what is in store for Qantas. Air NZ...
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