I'd say the Joke is on u Skol if u still hold this kind of stuff.
The worst six months in Virgin Blue's 10-year history will send the airline well into the red this year as it battles soaring oil prices.:scared:
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Don't worry about the airline industry, the POO a minor setback, like Christchurch and Japan, s*** happens, we just manage it.
Loads and cargo are good.
Hows the Transition Towns going, all quiet there, still in touch with Fidel?
Transition is going WELL thanks Skol, 500 kg of grapes produced.
U did not answer as usual Skol, are u still invested, seems a repeat of the last oil spike, so does that mean we are all about to get our arses kicked again :confused:
30 March 2011 Last updated at 04:16 GMT
Qantas says natural disasters will dent profits
http://news.bbcimg.co.uk/media/image...01255693-1.jpg Reduced travel demand to Japan and New Zealand is forcing Qantas to suspend some flights.
Qantas Airways has warned that profits at the company will be hurt by the recent natural disasters in Japan, New Zealand and Australia.
The company has announced that it is suspending some flights and downsizing capacity on others from Australia to Japan and New Zealand.
Demand for travel to Japan has fallen following the earthquake on 11 March and amid fears of radiation leaks.
Qantas said the natural disasters will cost the company $140m (£87m).
"There has never been a time when the world faced so many natural disasters, all of which have come at a significant financial cost to the Qantas Group," said Alan Joyce, chief executive officer of Qantas.
The carrier said that the grounding of its A380 jets last year will also affect profits.
One of Qantas' superjumbos made an emergency landing after experiencing engine trouble shortly after taking off from Singapore on its way to Sydney last November.
Continue reading the main story “Start Quote
We need to act decisively to respond to rising fuel costs and natural disasters, just like we did during the global financial crisis”End Quote Alan Joyce Chief Executive Officer, Qantas
The airline grounded all six of its fleet of Airbus A380 airliners to carry out safety inspections.
The company has put the cost of grounding the jets at $80m.
'Serious challenge'
Apart from natural disasters, airlines worldwide have also had to deal with rising fuel costs in the wake of the unrest in Libya and the Middle East.
Mr Joyce said this posed a serious threat to the company's profits.
"The significant and sustained increases in the price of fuel is the most serious challenge Qantas has faced since the global financial crisis," he said.
Qantas has already increased domestic airfares and international fuel surcharges this year in response to rising fuel prices.
Its subsidiary, budget airline Jetstar, also put up fares and increased ancillary revenue, including baggage charges on some domestic and international routes.
However, Qantas said the increase was not enough to offset the rise in the fuel prices and it needed to take further measures to ensure long term profitability.
"We need to act decisively to respond to rising fuel costs and natural disasters, just like we did during the global financial crisis, to ensure the ongoing sustainability of our business," Mr Joyce said.
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Watch Siva Govindasamy from Flightglobal talk about the challenges Qantas faces.
WELL looks like airlines are back to "Crash and Burn" a dam shame u could not get these fuel prices down eh Skol, we would all be better off.
They all look the same as the picture below, when the Nato forces ( oil thieves) take over Libya, we might see some short term relief.
QANQantas Airways Limited FPOhttp://www.stocknessmonster.com/images/australia.gif http://www.stocknessmonster.com/char.../1y/line/30/0/
Things must be getting tight... With the Chilean Ash cloud most airlines are still flying... But Qantas is choosing not to fly because flying above or below the cloud fuel costs are 1o% higher...
skol,
dont be a weasel..
:cool:
.^sc
Hi Shrewdy,
I would say that Qantas have 1st hand experience from not so long ago with one of their flights got got caught over Indo somewhere and had to make an emergency landing due to Volcanic Ash so therefore, IMO, Qantas themselves would probably adopted a new policy or protocol to stick to regardless of what other airlines would do.
Seems only logical since they had a near disaster on plate not so long ago, and again, only IMO.
Volcanic ash a problem for domestic flights but most international flights probably OK, fly underneath ift for a while and then it's all back to normal.
I see the USD's well up and oil is $95, on its way south once again. Looking forward to some good profits from the airlines, AIR should do particularly well.
$25 billion in orders for the first day of the Paris Airshow. Not bad, 17 orders for the new 747-8 Intercontinental, the airline industry has its setbacks but I see bermuda 's been in Portugal, so you can bet he hasn't sailed there.
Air is a dog of a company, state owned and they screwed Origin Pacific, now we, that fly from provinical centres are screwed,
There is no competion, I used to be able to rock up at Nelson airport on the day and fly to Ch Ch for $100, try it now.:confused:
The sad thing is if u have a family emergency, u r well and truely screwed.:t_down: Shame on them.