Quote:
Originally Posted by BetterRed
Would American taxpayers be happy give tens of miliions to an airline that's 90% owned by a consortia of Arab, Chinese, Singaporean and UK companies - some of which are foreign government owned?
|
I assume you are referring to Qantas here.
Qantas employs about 30,000 people. American taxpayers would be more concerned about the livelihood of the
workers who were idled, and likely uninterested in precisely who owned the airline.
If Qantas goes belly up, other carriers will fill the void once normal travel resumes, but don't assume all of the former Qantas employees will be rehired by the new entrants. Jobs that must be done locally
may get filled that way (though likely not at the rate they had been paid by Qantas.) Jobs that can be done elsewhere will be done where it's cheapest. That is unlikely to be Oz.
Implying that current Qantas employees should just go hang because you don't like who owns their employer is a non-starter, and there is no way to force the foreign owners to cough up. They aren't in Australia, aren't subject to Australian law, and can simply walk away from a bad investment.
You may not like the idea of a bailout, but I suspect you're stuck with it.
______
Dennis