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Old 10th Nov 2018, 07:43
  #9 (permalink)  
Rated De
 
Join Date: Sep 2017
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Expand the time frame from 6 to 10 years (Joyce’s tenure at the top) and Qantas’ share price hasn’t budged.. cherry picking facts helps no ones argument. (I notice the Qantas website conveniently shows their share price only dating back to their lowest point to now.)

Also highly convenient the article highlights Virgins loss, and Qantas’ record gains, but doesn’t bother mentioning Qantas’ $2.8 Billion loss just 4 years ago (well in the time frame the article covers)
Also conveniently ignored is the fact that in real terms QF is down 3% on revenue. Over 80 aircraft to JQ and a net fleet reduction at Qantas 'mainline'. It has gone backwards.
Qantas were fortunate the fuel price helped them to the tune of $597 million in the 'transformation' year as well as management timed depreciation charge!
As most funds (superannuation, mutual) have a requirement to hold transport sector stocks, then it is self evident that there is more support for QF than VAH.
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