Mostie,
Which by the way is the LAST place a thinking person would expect to hear ANYTHING resembling the truth
Are you right ? Fair go. I never expect to see anything resembling the truth on pprune also.
Don Esson,
Would the QF group have made as much profit if it didn't let AO fly QF frequent flyers redeeming points everywhere ?
Just remember - AO was started to help QF from losing money. Even though AO made a loss, it stopped mainline from having an even bigger one. AO is the airline that QF dumps its frequent flyers on to prevent them from making a bigger loss as it is cheaper for AO to do it.
AO made a profit last year. This year I admit the result was not so good. Who says that next year won't see a profit again ?