FlyerTalk Forums - View Single Post - Qantas keeps it head low in the news lately
Old Aug 20, 2003, 11:05 pm
  #38  
martynriddle
 
Join Date: Jan 2003
Location: Sydney, Australia.
Programs: QF SG
Posts: 261
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by QF WP:
but Qantas posts it's first ever half-yearly loss due to SARS </font>
Looking through the figures it is interesting to see that whilst the international operations lost $54.5m, domestic revenue also fell by what I deem to be a massive 34.5%. Is Vermin having a major impact?

Also interesting to note the effect favourable foreign exchange movements had on profitability. At over $100m, this accounts for nearly a third of the profit figure!!

May be someone suitably qualified from the finance industry (or OzStamps) can give us their opinion.

(edited to fix dodgy typing)

[This message has been edited by martynriddle (edited 08-20-2003).]
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