Yesterday Qantas Group reported a statutory after-tax loss of A$2.84 billion for the FY2013/14 financial year, with the group recording a A$646 million underlying loss before tax, which easily beat the market’s consensus estimate of a A$750 million pre-tax loss due to a lower than expected annual fuel bill. As the largest loss in Qantas’s history, it is intriguing to hear […]
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