Airline Industry Economics a `Nightmare'

Airline Industry Economics a `Nightmare' Play

Aug. 23 (Bloomberg) -- Roger Montgomery, founder and chief investment officer of Montgomery Investment Management Pty., talks about the business outlook for Qantas Airways Ltd. and the airline industry. Qantas canceled an order for 35 Boeing Co. 787-9s after posting its first annual loss in at least 17 years because of higher fuel costs, labor disputes and rising competition on international routes. Montgomery speaks from Sydney with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

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