Qantas $3b loss start of comeback

Original article by Jamie Freed
The Australian Financial Review – Page: 1 & 10 : 29-Aug-14

Restructuring costs and write-downs have prompted Qantas to post a loss of $A2.84bn for the 2013-14 financial year. The national carrier’s underlying loss of $A646m compares with forecasts of a $A750m loss. Linda White of the Australian Services Union says CEO Alan Joyce and Qantas directors should step down as a result of the airline’s record loss. Joyce is upbeat about the outlook for Qantas, which has forecast an underlying profit for the first half of 2014-15

CORPORATES
QANTAS AIRWAYS LIMITED – ASX QAN, AUSTRALIAN SERVICES UNION, VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VAH, REGIONAL EXPRESS AIRLINES, REGIONAL EXPRESS HOLDINGS LIMITED – ASX REX, TIGER AIRWAYS AUSTRALIA PTY LTD, AIR NEW ZEALAND LIMITED – ASX AIZ, SINGAPORE AIRLINES LIMITED, ETIHAD AIRWAYS, STANDARD AND POOR’S CORPORATION, BRITISH AIRWAYS PLC, MERRILL LYNCH (AUSTRALIA) PTY LTD, AUSTRALIA. DEPT OF INFRASTRUCTURE AND REGIONAL DEVELOPMENT, COLONIAL FIRST STATE GROUP LIMITED

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