Qantas ONLY profitability. EBITAR based on Revenue
2007 $906million EBITAR on $13519million Revenue or 6.7% profit
2008 $1033.8million EBITAR on $12717million Revenue or 8.1% profit
2009 $1363million EBITAR on $11710million Revenue or 11.63% profit
2010 (half year) $710million EBITAR on $5295million Revenue or 13.4% profit
Amazing! Qantas is getting more and more profitable but the situation has never been so dire!
The actual owning of the assets, like Qantas does, gives a great vehicle to write off taxes on depreciation for the whole group.