Qantas In 5 Years Time?

[Gingerbread]

As the non clairvoyant type, I suspect that anybody’s ability to see where Qantas will be in 5 years is quite blurred at best. Nevertheless, articles like:

Qantas mainline losses touch AUD30 million a month.

Qantas’ mainline flying business has gone from a AUD1.23 billion profit before tax to a AUD77 million loss in the space of 12 months. Were it not for a AUD126 million profit before tax from Jetstar (up 23.5%) and AUD310 million profit from its frequent flyer business (up 142%), the Group would have been deeply in the red.

And more of the same is expected. With Qantas mainline losing up to AUD30 million a month; the airline still faces a toxic combination of “high levels of volatility in the economic outlook, industry capacity, passenger demand, fuel prices and exchange rates continue”, making it “not possible to provide any profit guidance.”


Don’t fill me with optimism and led me to expect that the future will anything other than what most of us would like it to be.