QAN qantas airways limited

Will QAN survive?, page-6619

  1. 3,643 Posts.
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    The potential implosion of a $121m fine on Qantas for the illegal outsourcing of 1800 ground staff in 2020 could influence the QAN share price.

    However is unlikely to threaten QAN financial stability The airline has demonstrated financial resilience , posting significant profits in recent years

    There may be some reputational damage due to negative publicity which could affect investor confidence and brand reception.

    The case may attract more attention from regulators.

    In the end the Australian government will bail it out, and it has a lot of friends in he Chairman's lounge.


 
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