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Old 17th Aug 2014, 22:52
  #4743 (permalink)  
angryrat
 
Join Date: May 2011
Location: Oz
Posts: 496
Some other damning figures for AJ.

Year before AJ became the CEO QF made $1.4B profit before tax. This year it will be a $1.2b loss. That is a $2.6B turnaround(in the wrong direction)

The year before AJ became the CEO the QF group had revenue of $16.2B. Last year QF group revenue had shrunk to $15.9B.

Yet despite the shrinking revenue and growing losses, in '08 the group carried 38.6B passengers and grew that number to 48.3B passengers by 2013. That is a 25% increase.

It is quite clear by these figures that passengers are not buying muffins to increase revenue and profits
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