QF in strong financial position?
They are bleeding $40m per week.
They are heavily reliant on International traffic. That's the oxygen supply that they won't get back til end of 2021.
Virgin will shed TT and VARA and ATR.
Do you remember the days when Virgin only had 737 and 777?
Virgin will never be as big as QF, and nor does it need to be. But VA domestic will enable VA to bounce back quicker than QF.
60% staff reduction? So, with a starting figure of 10thousand, do you think it will reduce to 4000?
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