I assume the pushing alternatives line is also to put some heat on QF Management.
Most options on the table will somewhat be costly to Alliance, unless they can secure more funding from Qantas, which seems somewhat unlikely.
They do seem to have significant amount of debt due in the coming year or two, explains the alarm bells. Trying to get out this mess seem tricky. It’s not just securing more funds from Qantas, seems to be much more happening also. It’s also the retirement of the Fokker fleet, staff redundancies seems to be on the table, offloading E190s, what the QF contract looks like after 2028, transitioning the Fokker fleet to E190. Then the issue about needing to make some money along the way.
All of which could have been forecasted long ago. They didn’t think long term it appears when they took on the E190s and signed major deals with customers. The only deal which seems to have worked for them is leasing some aircraft to Air North.
Most options on the table will somewhat be costly to Alliance, unless they can secure more funding from Qantas, which seems somewhat unlikely.
They do seem to have significant amount of debt due in the coming year or two, explains the alarm bells. Trying to get out this mess seem tricky. It’s not just securing more funds from Qantas, seems to be much more happening also. It’s also the retirement of the Fokker fleet, staff redundancies seems to be on the table, offloading E190s, what the QF contract looks like after 2028, transitioning the Fokker fleet to E190. Then the issue about needing to make some money along the way.
All of which could have been forecasted long ago. They didn’t think long term it appears when they took on the E190s and signed major deals with customers. The only deal which seems to have worked for them is leasing some aircraft to Air North.
