I can give you the script before he delivers it.
Firstly emphasise how difficult it is in aviation to make money.
He will talk of constant shock syndrome in aviation.
He will then talk about the GFC, volcanoes, 2 speed economy and how it has adversely affected the business.
Next those impossible QF unions & living in cloud cuckoo land ( this will be the body of his speech )
Followed by a plea for government concessions regarding accountancy practices & depreciation schedules.
A small spiel on the effects of poor infrastructure in Australia.
Finally there will be information regarding how smart Qantas executives have been setting up Jetstar & how successful it has been, tied in with how smart Qantas executives are in their implementation of frequent flyer tie ups with Woolworths.
There will be no mention of all the bad decisions regarding fleet and configuration.
No mention of poor shareholder return.
No mention of instability in executive ranks.
No mention of the effects of some of the poorest engagement levels of any major company worldwide.