You r on the money man. Qan's now has the youngest fleet over more than 20 years.
They have spent the money. You will see result of fuel cost reduction next fy.
They hav decided not to report good news re china southern air line alliance, but bad news after bad news to attract media attention, why? They need a better excuse to further cost cut against the union and put pressure on the government.
But the facts are
1. Cost has been cut
2 fleet is newest ever, fuel cost will be lowered.
3. Business travel are on the rise
4 aud will go lower
5 union influence is lower
Should we give the management some credits
qantas had a monopoly once.., page-7
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