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Old 10th Nov 2011, 10:13
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QF94
 
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Similarly, EK do fly from SYD to the West Coast of USA, just the long way around so QF would win that competition, but EK is still an alternative, just as CX and CSA are for that matter. Ultimately though QF can't compete, the product just isn't up to it.......
Praise Jebus,

Saying QANTAS can't compete is a bit of a folly. The figures for the year ending June 2011 show otherwise. Page 46 is the reference.

http://www.qantas.com.au/infodetail/...taBook2011.pdf

5,977,000 international passengers carried internationally must believe there is some product and service being offered.

QANTAS may only fly to 21 international destinations, but their load factors show 82.4% which contributed to the operating revenue of the company of $14.9 billion with a pre-tax profit of $552 million and after tax of $249 million. The earnings per share were 11c, up from 4.9c the previous year.

They codeshare with 26 other airlines to go to various destinations throughout Europe, Asia, Africa, South America, Canada, within the USA. Passengers will get to where they're going, not on a QANTAS plane, but as a QANTAS passenger.

My initial posting was to try and make light of how QANTAS International was allegedly losing $216 million a year. The figures don't add up. Even in the annual report, it doesn't illustrate how the international business is weighing down the rest of the company, other than it is costing $216 million.

There are people on this forum that seem to be anti-QANTAS, pro-management and delight in seeing QANTAS go offshore or even the demise of the company. I think it's these same people that were either retrenched from QANTAS at some stage, or possibly mistreated by them or were not able to make the grade in getting into QANTAS for whatever reason.

We have seen it with many other companies in the past. The corporate greed at the top in the name of being more cost effective for the business and its shareholders, send jobs offshore and hapily employ foreigners in place of their own. What's another Australian company to go offshore employing more foreigners?
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