RyanairGuru wrote:EK413 wrote:tullamarine wrote:As PS said during his media conference today, if this drags on there will be few, if any, airlines around the world that will survive without government help.
I know this was mentioned in the last thread, with VA dealing with their own financial challenges ahead what are the chances of Rex being absorbed by QF? The impact collapse of Rex would have on the regional market is unbearable.
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If this drags on much longer, let alone for six months as intimated by the PM today, QF won't be in a position to be buying anyone anytime soon either.
Rex will be bailed out by the federal government, you are correct that they are too important to regional markets for them to go under.
Correrct QF will also be in a severely capital constrained position. If anything, Rex or something closely resembling it will be a semi-nationalised entity whilst it reorganises and hopefully the government can sell it off in years to come.