Originally Posted by
Traffic_Is_Er_Was
They weren't bringing in billions regularly (in fact only once, in 2016, 2 years after a 2.8 billion loss), and there was some pretty "imaginative" accounting across the Qantas Group to even get the figures they did in the other years.
It's just taken them longer to run out of "imaginative" accounting ideas, but...they haven't ended up in administration, or sold off, so they must still be doing something right. VA are very, very lucky to even still be in existence
Apples and oranges.
VA has new management, new owners, a new strategy, less debt and a new cost base. It is only similar to the old VA by name.
Qf has the same (albeit great) management however a lot more debt.
Both airlines will continue to survive and be extremely profitable.