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Old 28th Jun 2011, 02:51
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Artificial Horizon
 
Join Date: Nov 1999
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Normasas,

I was saying that in a different thread, although I don't like AJ from a business point of view he seems to be doing o.k. Was reading an article written this morning about Air NZ, everyone raves about Rob Fythe, but fact of the matter is Air NZ share price is also down, longhaul operation is leaking cash and profit forecasts are way down. From purely an investor point of you I would rather my investment was with a company that churns out profits every year. Another thing that people on this site like to point out is that Jetstar is only making money because of the subsidies from mainline, don't forget though that no matter how much some hate it we are ALL part of the Qantas group, and the Qantas group is making money, the board don't give a toss is this is achieved by moving work from one entity to another.
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