Originally Posted by
TimmyTee
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)
Because if you average then out 2010-2018 for instance, Qantas is in overall profit despite the writedown. Virgin is not.