flarearmed,
The low dollar was a problem years ago (ref Margaret J) , now its the high dollar (
) even though the majority of earnings are AUD denominated and biggest cost , fuel, is paid for in weak USD.
International has shrunk as the dollar has increased so its relative cost should be ameliorated. but no its costs have grown hugely despite having given away the loss making routes.Something is going wrong with that strategy!
Goodness knows what he'll say when fuel is 200 bucks and the dollar reverts to the mean of about 70 to 80 c per USD.
Then it will be the weak dollar killing Q, nobody in Aus can afford to fly overseas, cant afford expensive USD aircraft , fuel etc.
The high AUD surely does inflict pain on inbound tourism but methinks he complainith too much.