Steve is solo this week as Grant is out of action with a throat infection. Steve covers the huge turnaround in the Qantas full year profit ($575 million profit after a $2.8 billion loss the year before) with an excerpt of Ross Greenwood from Sydney radio station 2GB interviewing CEO Alan Joyce about why he thinks such a turnaround has been possible.

NOTE: You can hear the full version of that interview by clicking here.

Qantas confirm their order for 8 787-9s in Red Tail livery plus they still have 15 firm options and another 30 slots reserved in case they want more.

Meanwhile, Australia's Matt Hall returned to the podium in the Red Bull Air Race recently, this time coming second to Britain's Paul Bonhomme at Ascot in the UK. Steve plays some audio from the post race press conference.