Originally Posted by
Lookleft
but I don't think that Qantas has relied on an exceptional helping of good luck to be in the position they are in now.
Lufthansa losing $1 million per hour, United Airlines lost $2 billion 1st quarter, BA, AF/KLM, CX all losing similar amounts.
QF losses down to $40m per week, which even accounting for a smaller size is far less. Their domestic competitor filed for VA, they are at least 18 months away from that position. QF is in this position due to good discipline and good management. Even though it did delay career progression for pilots good financial discipline and not spending like drunken sailors on big aircraft orders has put them in an enviable position.