CAPA executive chairman Peter Harbison: Qantas is a very different airline from a decade ago

CAPA - Centre for Aviation executive chairman Peter Harbison commented (19-May-2017) on Qantas' share price improvements highlighting that Qantas is a very different airline from a decade ago. Mr Harbison stated: "It has muscled Virgin Australia into submission domestically and solved many of its European international problems through the Emirates partnership. Its cost base is much lower, its financial fundamentals are much stronger and it has a coherent structure and strategy. Qantas' strength is founded on its domestic market power, so as long as the economy remains reasonably sound, it should continue to be solidly profitable'.