QAN 0.59% $6.78 qantas airways limited

I'm not sure you understand what it means. Here's the specific...

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    I'm not sure you understand what it means. Here's the specific detail:

    The Australian government will pay Qantas and Virgin Australia up to $165m to maintain key domestic flight routes over the next two months.

    The effect is marginal in terms of profit for Qantas, the gov isn't going to underwrite their flights indefinitely.

    The federal government said it would underwrite the cost of the two major airlines operating a “minimum domestic network servicing the most critical metropolitan and regional routes”.

    That was almost a month ago. It's of very little value in the overall scheme of things.
 
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