Qantas’ great recovery due to cost falls

Original article by Michael Smith
The Australian Financial Review – Page: 28 : 21-Aug-15

The key to the turnaround in the fortunes of Qantas is due largely to external factors, including lower fuel prices and the removal of the carbon tax, as well as heavy cost-cutting. CEO Alan Joyce’s next challenge is finding operational growth, though the decision to order eight new Boeing Dreamliners was an important symbolic gesture signifying confidence in the future.

CORPORATES
QANTAS AIRWAYS LIMITED – ASX QAN, JETSTAR AIRLINES PTY LTD, BOEING COMPANY, ASX LIMITED – ASX ASX, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ