http://www.abc.net.au/news/newsitems...8/s1440742.htm
The lions share of Capacity into and out of Australia, deteriorating service, "Sydeny- centric", job cuts rewarded by a record profit?
Pigs.
Only the big banks and Telstra do more damage to Australia than Qantas.
But then of course it's GD's last result isn't it? He no doubt leaves with money bags brimming leaving the next poor sod to pick up the pieces.
By the way "THe Qantas Group" seems to me to be an excuse for creating a multitude of senior management positions and a marvellous opportunity for creative accounting. I wonder what cross subsidies are applied across the group?
From a marketing perspective, I also think that it dilutes the value of the QF brand.
The only thing it has done is to provide a way of paring back QF wages and conditions through a multitude of interrelated EBA's.