Quote:
Originally Posted by Ricky T
Marty, there is no need to worry about finding 'a way to claw back the $100M loss'. As NickN has pointed out, most are one-off items/expenses and the losses on hedges and forex are only accounting loss (ie on paper).
Stripping out the two one-off items, and you would notice the underlying net profit is not too bad.
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Yes I agree also a couple of other things is that the $8 baggage charge didnt start until halfway through the first half of the financial year, now myself Im doing a tally of how many bags I load, I started on Jan 1 Im currently upto just over 4000 and we havent even finished Feb yet so on track for around 25000 bags for the year x that by $8 and that's $200K right there in revenue.