the creation of share holder value and you don't see them complaining since the shares were at rock bottom do you?
I would beg to differ on whether a changed book value is equivalent to shareholder value creation.
'Rock bottom' may in fact relate to an industrial campaign, grounding lockout and 'transformation' i didn't ever say they weren't audacious, but revenue has declined in real terms and even after 10 years Qantas still lags its peers in most metrics of financial performance; with the exception of executive remuneration.