Alan Joyce page 12 of the Senate Transcript:
If you look at airlines around the world, Qantas has actually outperformed them. Qantas is the only airline in the world with an investment-grade credit rating. Qantas is the only airline in the world that actually had profits during the global financial crisis.
Perhaps Alan should get to know his competitors!
Emirates Reports US$225m Profit despite Global Challenges | Scoop News
4th Nov 2011 Emirates remains on its strong growth trajectory which over the past seven years has seen the airline grow from a fleet of 60 aircraft in 2004 to its current 161 wide-bodied aircraft including, the largest fleet of A380s with 17, and the largest fleet of Boeing 777s, with 93. In addition, the company's revenue has increased steadily by 20 per cent per annum over the same period, resulting in a record 23 years of profitability, unmatched by any other airline.
Alan - Qantas the ONLY airline in the world that actually had profits during the GFC, you are full of Sh#t.
MC