I see my beloved state government is trying to put a band over gaping wound by 'giving' $200m to VAH on the condition the other states contribute and VAH remain headquarted in QLD. Seems like a poor solution but typical of a Qld labour government, don't solve problems just throw money at it.

As much as it goes against my grain if QLD Labour is serious they should fund the whole $1.4b with equity on the conditions I laid out earlier including a debt haircut and take control of the airline and its Board and put in place some very strong commercial people in place (including Scurragh) to run the thing with a QLD centric commerical focus plus other markets where they are viable ie golden triangle and east-west - they must ensure it is cashed up, can compete with JQ and provide what QLD industries need ie toursim, mining. Cut out routes and international operations that bleed money. JV with SQ and Delta and others that hate QF and OW for inbound and outbound traffic.

At the price of government debt this would be a sure thing if properly run with huge benefits for QLD and subsidury benefits for the country.