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Transcripts For BLOOMBERG Bloombergs Studio 1.0 20240714

david: in 2018, qantas reported a profit of $1.2 u.s., its largest ever. shareholders were awarded with buybacks and dividends of $360 million, while employees were showered with $50 million of bonuses. that was a far cry from the $2.7 billion loss announced in 2014. there is no doubt. today s numbers represent the year that has passed that we have now come through the worst. alan: how do you do? nice to meet you. welcome to qantas. david: tell me about the turnaround. how did the plan evolve? alan: we had probably the perfect storm there around 2013. the conditions are important because we had high oil prices. they reached over $4 billion, the highest we have seen. we have simultaneously tried to take massive market share and being funded by a number of foreign airlines, extensively funded. we also had, because of a very high aussie dollar, a lot of international carriers flying into australia. it was a perfect storm in all of our businesses. david: joyce announced a $2 bi

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Transcripts For BLOOMBERG Bloombergs Studio 1.0 20240714

be done within the airline industry. david: in 2018, qantas reported a profit of 1.2 billion u.s. dollars, its largest ever. shareholders were awarded with buybacks and dividends of $360 million, while employees were showered with $50 million of bonuses. that was a far cry from the $2.7 billion loss announced in 2014. there is no doubt. today s numbers represent the year that has passed that we have now come through the worst. alan: how do you do? nice to meet you. welcome to qantas. david: nice to be here. tell me about the turnaround. what were the main elements? how did the plan evolve? alan: we had probably the perfect storm there around 2013. the conditions are important because we had high oil prices. they reached over $4 billion, the highest we have seen. we have simultaneously tried to take massive market share and similarly had a competitor trying to take massive market share and being funded by a number of foreign airlines, extensively funded. we also had, becau

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Transcripts For BBCNEWS Victoria Derbyshire 20240715

a 13% rise year on year. foodbank workers say the rise is down to problems with universal credit. it s the same old story, every time they re coming in now. we used to be doing, like, on an average 20 22 parcels a day. now we can reach anywhere over 30 a0 in a day, which, you know, we re having to do. it is busy! the government says there are complex reasons why people use foodbanks and it not down to one single reason. let us know this morning if you use a foodbank and the reason or reasons. is it complex as the gov says? hello. welcome to the programme. we re live until 11 this morning. 0n foodbanks the kettlesz on twitter says there s nothing complex about being hungry and having no fod left in the house, or money to buy it. markie tweets foodbanks exist to sustain the illusion of poverty use the hashtag #victorialive. if you re emailing and are happy for us to contact you and maybe want to take part in the programme please include your phone number in your mes

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Lloyds profit rises despite murky UK outlook, motor finance charge

Lloyds profit rises despite murky UK outlook, motor finance charge
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