Happy - Not Likely!
Buried in the article Ferris posted is
In mid-October, Joyce told The Australian Financial Review the airline remained on target to return its embattled international business to a break-even position by the 2014-15 financial year despite recent pressure on fares due to additional capacity entering the market.
On December 5, Qantas dropped the real bombshell - first-half earnings would be down by as much as $300 million and a major capital expenditure and structural review would be undertaken.... (and)..... Standard & Poor's downgraded its debt to junk status.
Crying poor is not enough. A full explanation is necessary.