Qantas revise profit forecast and slash another 1750 jobs

[Edward Terry]

Originally Posted by Andrew

Keep in mind the 'profits' earned on some favourable markets help to offset the losses on others...

Pre-recession and pre-V Australia and Delta airfare wars, Qantas was making up to 40% of its profits flying people across the Pacific. Clearly the proportion of the airline's total capacity offered on Pacific routes is less than 40%.

[Montague S]

http://www.news.com.au/perthnow/stor...017962,00.html

should send the share price "soaring"..