Slow learners at the flying roo.

[markis10]

After listening to the Qantas annual results announcement today one couldn't help but feel a sense of déjà vu.

The airline's profit result for the 12 months to 30 June 2012, a statutory loss after tax of $244 million, was the lowest profit result for the group since 1953 when records were available.In response, the two big chiefs at Qantas, Alan Joyce and Gareth Evans, trotted out the same, seemingly uncontrollable driver of that poor performance – fuel prices.

Read more: Slow learners at Qantas
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[whatmeworry]

QF used to be the fuel hedging Jedi Masters!

Fuel is too easy an excuse to trot out year after year.

 

[SeatBackForward]

QF used to be the fuel hedging Jedi Masters!

Fuel is too easy an excuse to trot out year after year.

It can't be an excuse considering they explicilty charge us for it.

 

[harvyk]

That excuse doesn’t wash as far as I’m concerned. It’s not like two pilots are sitting in an A380 in SYD about to do an LAX flight saying to each other, “luggage – check, passangers – check, fuel – oh **** I forgot we needed that”

Fuel is one of those things, without it that plane can not physically leave the ground. I’m pretty sure that is something which everyone who is over 5 years old could guess.

A lack of pax chosing the airline is a fair enough response, an unexpected event such as wild weather damaging some critical infrastructure, another fair enough reason, but something which is within an airlines control to manage, to me it just screams of bad management.

 

[casanovawa]

Perhaps they aught to buy a few shares in Shell or something... Or maybe a well somewhere... Was there an airline somewhere that invested in a refinery or some refining???

 

[Standby]

Perhaps they aught to buy a few shares in Shell or something... Or maybe a well somewhere... Was there an airline somewhere that invested in a refinery or some refining???

Interesting that DL recently bought an old refinery for jet fuel in NYC area which they say will save millions

 

[JohnK]

Management must be doing a great job but unfortunately everything is stacked against them.

How convenient to use fuel as an excuse....