Yet another - do we sell (part of) the QFF program? article

[wandering_fred]

Bloomberg says Qantas Weighing Frequent Flyer Stake Sale as Capacity Moderates - Bloomberg

I guess it could be rephrased as - How can we afford those 575t A380s? (wishful thinking)

Happy wandering

Fred

 

[AustraliaPoochie]

Maybe they should sell of 49.5% of QFF, and put the proceeds into paying off the debt/s of QFF.
That should or we hope would put QF into a better financial position.
But no one ever listens to a dog moaning the night away, anyways.

 

[AustraliaPoochie]

I can see a lot of external companies, or organisations, or charities, willing to pay good money to get their hands on the data on QFF's sytems on us mugs.
I know that Australian NaturalCare, a ""health care vitamins co"" makes good money selling out their customer listings.

 

[JohnK]

Why sell off the most profitable part of the business? Pay off debt and increase executive salaries because they have done a great job?

What do you sell in 2-3 years when Qantas is in trouble again? Get rid of current CEO and executive team and perhaps a new board as well. Appoint a new CEO and a very slimlined executive team.