It's their train set and they can do what they like with it.
Fair enough, but I didn't think that included deceiving shareholders.
Could someone include Qlink (Eastern Sunstate) figures. I'm curious.
Sorry, would like an answer to that myself, but the Qlink figures are included in the 'Qantas' numbers.
Another example :
Qantas Frequent Flyer EBITDAR is $330m - Depreciation and amortisation $2m.
The accumulated depreciation on buildings last year was $177m, the amortisation on software was $350m.
So unless they're running Frequent Flyer out of someone's granny flat using an excel spreadsheet to keep track of everyone, I would've thought the DAR figure should have been higher than $2m.
Does Qantas bear the depreciation costs for other sections of the Group?