'Back to pre covid levels'
So what is that actually?
You need to factor in all the dilution that has occurred over the period.
And you've got to think heavily about what the Qantas commission payments change will do.
There's loans to service now. Employee incentives to be handed out.
What was the MC pre covid and what is it now?
Ann: FLT 2022 AGM Presentation, page-16
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