QAN 0.16% $6.21 qantas airways limited

Will QAN survive?, page-2254

  1. 10,523 Posts.
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    bedger, a friend who like many has a few million QAN FF points that as with most airlines are regularly devalued, and (not all QAN's fault) hard to optimally use on flights (business or first class, or upgrades, not buying toasters) at present, said your analysis was 'very astute and correct commentary'.

    I couldn't agree more. Huge QAN losses every day.

    With businessmen and women who have enormous piles of money, far more than needed for an extremely comfortable lifestyle: once they get to a certain number of millions, is what they do largely driven by ego and not (in the case of listed companies) what's best for holders?

    That would seem true with QAN.

    As a corporate entity (through Mr Joyce), it can't bring itself to admit that it ought scale back and cancel routes left right and centre, although as noted many posts back, one female Qantas staffer let the cat out of the bag with a sombre summary of what she said it'd one. This was re international flight attendants' 97 per cent rejection of a new enterprise deal with QAN.
 
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