Qantas (QF) is on track with its plan to make its international business profitable by 2014, despite posting its first full-year loss since 1995, CEO Alan Joyce said Thursday.
Qantas (QF) is on track with its plan to make its international business profitable by 2014, despite posting its first full-year loss since 1995, CEO Alan Joyce said Thursday. QF posted a net loss of A$244 million ($255 million) for the financial year ended June 30, compared with a net profit of A$249 million for the previous year. QF also announced that it had canceled firm commitments for 35 Boeing 787-9s as part of its capital expenditure reduction plan (ATW Daily News, Aug. ...
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