Originally Posted by
John Citizen
I apologise if I am wrong but I always thought Qantas was an airline and their primary purpose was to provide an "airline service". Since when were they some type of investment company with return on capital to shareholders being their primary goal?
They are a publicly traded company - they may be an 'icon' in many people's minds but they are, legally and in fact, a publicly traded company with shareholders who consider their funds they've invested in shares not as a 'gift' or 'donation' but as an investment with the expectation of a return.
Qantas' activities happen to be providing air transportation to people and goods but it is ALL for the purpose of providing a return on capital invested. It's as simple as that. Effective 31st July, 1995.