Originally Posted by
normanton
Don't be fooled by the figures.
Qantas actually made a $120m profit (awesome effort).
Huge write down of 380 fleet (note the exact same thing happened to the 747's)
$600m for redundancy payouts (funded by the release of new shares)
It cost Qantas nothing. It's nothing more than a paper loss for future company tax relief.
So are you now telling us LWOP is not required to secure our future? All is rosy?