Posted by Tony the Tiler
The GFC. Where have you been living?
Tony, since the GFC the QF Mainline loads (including QF International) have held up very well - the yields have reduced but nowhere near the sudden reversal of profits that occurred when Joyce took over. He pulled us off the FRA route despite the route having a yearly load factor of 83% (he also killed the AKL-LAX route due to the changes that he made).
As things currently stand, the loads/yields that QF International are currently experiencing do not reflect the "losses" that this management are reporting.