QANTAS saw a 26% fall in the year ended 30 June 2006 of profit before
tax to A$671m. Now it is not ABTN policy to delve into money matters
(with the usual exception British Airways, responsible for 45% of
Heathrow”s passengers) but tucked away in the shareholders” report was
the mention that Airbus had agreed to A$104m for the delays on the 12
A380 on firm order. In spite of increasing fuel costs Qantas was
upbeat, maintaining the dividend and CEO Geoff Dixon praising newcomer
Jetstar for its efforts.
http://www.qantas.com.au