Supersonic Swinger
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Mind you it does say group!
The profits of QFF were so large they outweighed the losses of the flying businesses?
Mind you it does say group!
Ansett, depends on their fuel hedging strategies over the two periods in question. Sounds like in the current period they forecast the AUD to fall against the USD and have been unhedged (to their advantage).
The weaker currency now means that it is costing them more to purchase fuel (presumably sold in USD); however as the USD price for fuel has been falling, the overall fall in the price is a greater offset than the rise in the currency - so they are ahead.
Should remain that way for a while, or even get better (as the AUD should fall further against the USD).
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Sad indictment of the move by pax to the LCC's and of course this is hurting QF.
From an economic viewpoint, doesn't look like the turn around is anytime soon, so the red numbers from INTL will continue.
Feel for Simon Hickey...
I will say it again, why do people need to refer to AJ by his origins? He is the CEO of the Qantas group, not a leprechaun, not the little Irish man etc...
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I will say it again, why do people need to refer to AJ by his origins? He is the CEO of the Qantas group, not a leprechaun, not the little Irish man etc...
I will say it again, why do people need to refer to AJ by his origins? He is the CEO of the Qantas group, not a leprechaun, not the little Irish man etc...
Why not, it's a humor thing and we all like differnt humor. If he behaved differently he might get a bit more respect. But it is done in humor.
I wish people weren't all so sensitive about such things. When I was a kid I had a gollywog!
Matt
Has AJ taken out Australian Citizenship, does anyone know?
He should go back where he came from.
Jetstar that is, not Ireland.
I think RyanAir would be more appropriate for his attitude towards customers.