By Jonathan Davies
The Australian airline, Qantas, has reported a record annual loss for the the year to June.
Australia's national airline reported losses of A$2.8bn ($2.6bn; £1.6bn) after a A$2.6bn write down on its international fleet.
The results are far worse than analysts expected - around A$750m....
"I think in the modern world, for business, you don't have the choice. You have to look at a much broader market than just the UK shores." - Stephen Bates, CEO, ITRS Group, Winners of The HSBC International Trade Awards 2009