news.com.au reporting voluntary admin, page-114

I haven’t seen the government ruling out assisting after Administration?

I see the logic of not wanting to throw $1.4 billion into a $5 billion hole. But if administration takes care of that debt, what’s to say that the state or federal government might not chip in then?

Even if VAH was able to keep onto it’s current fleet size and staff, going forward into a post COVID world, the demand isn’t going to justify VAH’s current capacity. It was going to have to down size regardless.

International is fairly much dead and this is where it will hurt QANTAS the most.

QANTAS’ worst nightmare is a business class competitor at a Virgin Blue cost base. Borghetti said that once himself. He couldn’t do it because he went overboard in fleet choices and leases.

Now there maybe a chance to do this with a 737 only fleet, in a post COVID world, concentrating on domestic. Capitalised properly, this could be the beginning of QANTAS’ worst nightmare. You make 40% market share profitable and grow from there...