There will be plenty of terms like
Emirates Synergies
Difficult Operating Environment
Legacy Cost base
Regulatory delays in Asia
Aggressive competitors
Uneven playing fields
Reducing costs from the business by $2B over two years.
And my personal favourite.
The Executive team under direction from the Board have done a magnificent job considering the difficult trading environment.
And yet another '
aggressive competitor' is introducing 2 'new' types onto the US/AUS run. So AJ can certainly say, it's such an '
uneven playing field' in the '
difficult operating environment' that we find ourselves in, with our '
legacy cost base'.
United Airlines to take on Qantas with new Melbourne Dreamliner route
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