WA Pete

Good luck with the Qantas call. Especially that they will take market share. The market for passenger flights AV(after virus) may take years to recover. Even if they take the whole market you may find that due to economic conditions and a reluctance among people to fly in the future that the market would have shrunk significantly for the next few years. I'd rate Qantas a risky bet unless you are speculating on a short term bounce or take a very long term view. Qantas can't survive indefinitely in a virus lockdown. If they get bailed out by the government, then it will come at the expense of shareholders. A risky bet, but I'd be happy to be proven wrong in my view.