Goldman Sachs JBWere analyst Alastair Hunter told clients that Qantas remained strong in the short term as it prepared to spin off parts of the business. "We expect separation of the frequent flyer program remains on track for an in specie distribution to shareholders in (fiscal year 2009)," he said. "First-time disclosure of the frequent flyer program earnings and growth strategy should augment a very strong first-half '08 result (to be announced) on 21st February." Meanwhile, the US Justice Department has released the names of six Qantas executives connected to a global price-fixing cartel. Qantas was fined $US61 million ($A69.3 million) in November for its role in price fixing in the air freight industry.