While it is sad to see that they posted a loss thanks to the set up with V Australia but... isnt like everyone posting losses, writing off huge debt? Today 15:06
It doesn't matter what 'everyone' else (meaning other listed companies or private firms) is doing! The important issue here is that the QF Group,
VB's clear competition, it still posting profits and profit forecasts, is one of only 3 airlines in the world with an investment grade credit rating, and is raising capital. So no, not everyone is posting losses, and the fact that QF is still profitable means they have more room to move to try and see through the next 12 - 18 months of a crap ecomonic and operating environment. The key has to be maintain market share and survive this period.
This should be, and no doubt is, a real concern for VBA.
I'm not blowing smoke up QF, just putting out there what is widely known.