the national carrier qantas. n the euro zone downturn, international travel, higher fuel prices all these contributing to qantas' decision and it's said profits could fall a huge difference. job cuts, a restructuring of the business. it has had strikes also satelliting at business so it looks like it is doing its best to try to change the course of things and to improve its business. >> well, a tiny bit of profit is better than no profit at all, i guess. thank you for watching "bbc world news" with me, david eades. coming up. seeing double. an austrian found a new home in china. >> this is "bbc world news." the headlines this hour. after a stellar concert outside buckingham palace. the final day of the jube lee weekend will be marked by services at the cathedral. the royal family will be in attendance with the exception of prince filip. he is in hospital with a bladder infection. and russia's president, vladimir putin arrives in china for talks and syria likely to be featured heavily. let's get a flavor as to what

the enter national business seeing the pressure. >> yeah, the domestic business is still very solid. longer term is that qantas will never get back to being competitive in the big international markets with the large carriers it will have to cut costs, it will have to reduce ports basically and i think also to find a very suitable partner internationally. >> you're reading my mind because i was going to say if my name were emirates and if i were to call qantas, would they want to talk to me? >> well, going back to what i said at the beginning. this is a very attractive market, the domestic market in australia. only two substantial competitors. and one of those is qantas with 65% market share. emirates operates 75 wide body services to australia every week. now, that means it's a very, very big market for emirates and if you can get hold of the domestic market itself, yes, it will put it in a powerful positioning. >> peter, thank you very much. love t patricia, let's and you can to you about lufthansa. >> as we were hearing from the guest before, alliances is one part of the story. lufthansa has slimmed down the operations, really going after costs. and now trading at about eight euros a share. not really h