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Old 23rd Oct 2021, 07:54
  #8623 (permalink)  
43Inches
 
Join Date: Oct 2007
Location: Aus
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Rio Tinto is a bad example of Covid problems, 1st half 2019 revenue $21.8 Billion vs 1st Half 2021 revenue of $33.1 Billion. The other indicators are even stronger, they doubled EBITDA and free cashflow over the same period. So whatever losses they claim to have made from covid are overshadowed by a MASSIVE increase in revenue and profitability. To be honest they are just looking for excuses as to why they can't continue 50% growth factors and anyone can see that next year will look bad even if they have 20% growth, "oh but it's half the growth of last year...."

Not sure what you mean here. There is no such thing as ‘domestic A330 crew’ - all QF A330 crew are long haul, who sometimes fly domestic sectors.
I don't fly the A330 so I thought there was a domestic vs LH crew, my apologies. In any case I thought the 330s were still flying east coast and some WA as well, I was actually suprised to see them slinking around during lockdown.

Last edited by 43Inches; 23rd Oct 2021 at 08:07.
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