Politicians are spinning a lot of stuff, 24/7 so unless she makes it an actual requirement, she can release her soundbites to get herself on the news every night as much as she likes, until it is an actual formal guidance, people will continue to travel.I think you're agreeing with me, everything you've raised are due to factors other than the border being closed. The fact that Gladys is discouraging travel supports my view that such travel is an option for business despite border closures.
Having had numerous zooms for the last 3 months (at least 2 per week), they suck the sweat off a dead man's .... To quote Good Morning Vietnam.
There is already a backlash against zoom, I'd expect the use to decline to a more reasonable level, once travel is possible again
Thats a localized but good example of "essential" workers who still have to travel around the country and whose jobs are more important than some colonial era straight lines that were drawn on a map over 100 years ago.My nephew is a specialist crane electrician who usually flies all over the country and the Asia Pacific at short notice to fix cranes so that construction can continue. There are not very many electricians in the country who know how to fix cranes. I am just mentioning this as one example of the people who are maintaining and fixing infrastructure to keep the economy running.
Don't you need to insert 'in fewer than pre-coronavirus numbers' at the end?Politicians are spinning a lot of stuff, 24/7 so unless she makes it an actual requirement, she can release her soundbites to get herself on the news every night as much as she likes, until it is an actual formal guidance, people will continue to travel.
That statement's reminds me of the line from 'Crocodile Dundee' - 'Watch out he's got a knife', 'That's not a knife - this' a knife'.There is also a very large FIFO workforce.
For people living in a number of Asian Countries during the Asian crisis - things were much worse. The IMF & World Bank basicly enforced 'poverty-line or below' conditions on their respective Govts or they'd provide no loans. Mortality rates surged (but never rated a mention in the media, nor IMF nor World Bank). One Asian country (who I forget the name of) showed the IMF et al their middle finger and after 3 quarters of mild downturn powered ahead to have GDP around 15% higher than the rest of the Asian countries 'advised' by IMF & Wordl Bank.RAM today is nothing like the early 80's,1987 or the recession we had to have.It is much worse. Even worse than the stagflation of the 70s.
Today is really Unprecedented in my lifetime and I was born in 1946 and first began investing in the sharemarket in the late 60s.
The SPP conditions give QF the absolute right at its discretion to increase the size of this part of its capital raising, or to scale back applications on a pro-rata basis....Q has a near 'free pass' for the Shareholder Purchase Plan going out tomorrow. If someone really wanted to then they can buy up to $30,000 worth of new shares even if they only currently owned 1 at the cut-off date...
What do you think the writedown should have been?Hindsight tells us the A380s should have been written down more
VH-OQEOne down, many more to follow
Isn't Q's last (unsecured/unpledged) asset its FF program ? It has no aviation assets left that haven't been securitized now.Q has (virtually) no assets left to use as security for any further loans & security on existing loans is below the outstanding loan balances in many cases (aka borrowers will be seeking more security at a time when nothing left in the barrel to scrape).
Maybe in the medium turn we will see a subfleet of 737 put in a lie flat J seat....say good bye to the business have to say to me it was one of the best j class flying around. so really when International flights start to fly they will lease some 787 as the 777 are being withdrawn. sad in a way but prob be the cheapest way instead of storing them for the long term.
That's a big call to make and one that seems both untrue and not quoting any actual references.Given that Q is possibly 'trading while insolvent' due to recent falls in aircraft value (possibly requiring cash collateral) then perhaps he has become a monk?