Lets see if I have got perspective on this....
Qantas Profit 2009....$163,315,000 (BAD Unions!!)
Lufthansa Profit $388,252,000 (Must have BAD Unions!)
National Aviation Company of India Loss -$1,260,317,000 (Good Unions!)
Phillipine Airlines Loss -$266,000,000 (Good Unions!)
JAL Loss -$1,309,693,000 (What Union?)
Air France KLM Loss -$1,729,475,000 (Nasty Unions!)
Five things stand out for me....
1) Qantas isnt doing it tough....they've just ballzed it up
2) There is no correlation between Unions Vs Profit....Even in places like India where labour costs are basically zero....you can still ballz it up
3) Ken...stop it...your hand will get tired....anyone who has worked for Q knows how to see and smell the crap being peddled as solutions....
4) QF board need to smell what they are shovelling
5) Re A380 Fuel Burn...if its not as per advertised performance, QF will be compensated...like they were with the RB211-524G's which didnt work as advertised..so no loss there..
I need a nap after that rant....
Figures from ATW...
http://atwonline.com/sites/atwonline...t%202010_0.pdf