28-Mar-2011 12:03 PM

Qantas to quantify Japan and New Zealand costs

Qantas Group is expected to update the market on the cost of the Japan and New Zealand earthquakes (The Australian Financial Review, 28-Mar-2011). Analysts expect the disasters to cost the group AUD156 million combined. Qantas and Jetstar operate to Japan and are expected to continue operations to the country to protect valuable landing slots at key airports, which are allocated on a “use it or lose it” basis.