PPRuNe Forums - View Single Post - Feb 21 - Qantas due to release its first-half results today has been caught off guard
Old 21st Feb 2013, 01:29
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Going Boeing
 
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But it highlighted the fact that the losses of Qantas International had been reduced by 65 per cent to $91 million in the first half.
I (& many others) don't believe that QF International is losing money - the high load factors would indicate solid profits. The only way for there to be a "loss" would be ongoing payment of Jetstar expenses and the carrying of a significant excess of staff caused by the gifting of routes to Jetstar and some foreign airlines. Management is on-track to close down the mainline international operation.
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