Qantas idea of level playing field

Old Mar 31, 20, 7:53 pm
  #16  
 
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Originally Posted by og View Post
Itís very much in the interest of the travelling public for VA to survive.
It's probably even a good investment for the federal government, let alone the public. IIRC annual domestic airfare spend has been in the order of $300m (although obviously won't be in 2020). If airfares went up 20% in a monopoly type situation - that adds another $60m/per annum. How much would it cost the federal government to offer a loan of about half of what VA is asking for (ie. $700m)?
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Old Mar 31, 20, 7:57 pm
  #17  
 
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Originally Posted by BD1959 View Post
Would also provide SQ with its coveted Australia-US service.
Ship has long since sailed on that one. SQ were very interested when UA and QF were the only players offering non-stops from Australia to North America continent. Until a few weeks ago VA, DL, AC and AA all also offered non stop flights to North America. I don't think SQ would be quite so interested now.
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Old Apr 1, 20, 12:04 am
  #18  
 
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Originally Posted by Dave Noble View Post
Just reading on SMH (https://www.smh.com.au/national/coro...30-p54fg5.html ) that

Qantas has told the Morrison government it expects a $4.2 billion loan to "level the playing field" if it bails out smaller rival Virgin Australia with a $1.4 billion coronavirus rescue package, The Sydney Morning Herald and The Age's Patrick Hatch reports.

Im curious on how wanting 3 times the amount would create a 'level playing field'
I guess Qantas don't understand how welfare works.
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Old Apr 1, 20, 4:19 am
  #19  
Hvr
 
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Originally Posted by perthite View Post
I guess Qantas don't understand how welfare works.
Given how many big businesses have their hands out for money at the moment I suggest they understand perfectly how it works.
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