Will QAN survive?, page-248

To be fair, last I read, only about 57 per cent of Australians have passports, and not all make a trip every year. Hard to process for those like me who love overseas travel and do so multiple times a year (pre COVID-19!)

But that doesn't alter your prognosis much. You're largely correct. Plenty of Aussies can't even do mental arithmetic of 100 minus 57, including shop assistants who need to use calculators. Hopeless!

The vast majority of those who make an international booking out of Australia will be simply giving an uinsecured loan to an airline such as QAN. It might take four months to refund the fare plus taxes and charges should the flights be cancelled and/or you and I still not being allowed to depart our fair shores.

It's a good way for QAN to improve its questionable liquidity but eventually, as HighGrowth says, lenders may say 'no' or charge QAN more in interest.