Well...we maybe getting closer.....5000 Qantas jobs...
Not an aviation expert by any means, but was loosely listening to the argy-bargy in Question Time today.
Apparently the job losses, resultant of the $ 270 million loss announced earlier today, had a lot to do with the $ 165 million carbon tax bill Qantas is liable for.
Bill Shorten stood up and asked "what practical things are the Govt doing to help save Qantas jobs ?"
The Prime Minister stood up and answered "There is a very real thing this Parliament can do, and that is for the Opposition Leader to instruct his Labor Senators to pass the legislation to repeal the Carbon Tax."
Bill was, as usual, turning around not even listening to the answer, and summarily got one of the troops to ask a series of questions along the lines of "what are you going to do ??"....without acknowledging what they could actually do right now to help not only Qantas, but every business, small and large throughout the country.
Why don't they ask real questions and why don't they listen to answers ??
Because their overall philosophies are totally different....and never the twain shall meet..
The Libs like to create the environment for business' to thrive on their own....and in general, but not every time, won't assist one business over others.
The Labs just throw cash at it (that they don't have) at whoever squeaks the loudest. Who eventually pays is not their problem.
It looks to me as though the Qantas troubles are many and varied, not just one isolated thing. I was surprised to hear Qantas was sitting on a $ 3.1 billion pile of cash, now down to about $ 2.4 billion and change.
I can see why Buffett won't touch airlines with your barge pole.