Three times during Thursday’s annual results press conference, CEO Alan Joyce used the term “confronting” to describe the Qantas Group’s $2.8 billion net loss for the 2013-14 financial year. “It has absolutely been the most challenging environment that we’ve faced, and the results as a result have been confronting,” Joyce told journalists at Qantas’s Mascot

A flight test program is a finely-tuned schedule, down to the most detailed demonstration and with every minute of flight time accounted for. The deadlines of certification and delivery loom ever closer as the engineers and pilots continue to put the aircraft through its paces. Still, last week, Airbus was able to somehow wedge a

  So Virgin’s first half loss was in fact bigger than Qantas’s on a proportional basis. This content is available exclusively to Australian Aviation members. Login Become a Member To continue reading the rest of this article, please login. Username or Email Password Forgot password? Keep me signed in on this device. If you check

We will certainly get more into the detail in the next edition of the magazine, but it is worth making a few comments and observations about today’s Qantas results and restructuring announcement. The three figures that stand out the most are the 5,000 job cuts, the 50 aircraft retirements and order deferrals, and the $260+