QAN 0.50% $6.08 qantas airways limited

Stimulus

  1. 851 Posts.
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    This is my count of all the help so far:
    • Waiving of government fees e.g. fuel excise, traffic charges etc and back-dated to 1 Feb
    • Airports around the world have already waived gate fees/flight obligations
    • Job Keeper basically transferring $1500 per fortnight to 20,000 who have been stood down, thereby reducing risk of redundancy
    • Underwritten international flights to bring overseas Australians back home.
    • Freight volumes climbing as ports/shipping have stalled
    • Oil price has collapsed
    • The gvmt have said they will not be bailing out Virgin, but offering industry-wide help e.g. underwriting more international flights

    The coronavirus situation in Australia doesn't look as bad as other countries. I see domestic travel recovering, particularly in WA, NT and SA.
    Last edited by 2sigma: 07/04/20
 
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