Qantas half years results are in, and the outcome is again ugly. Qantas posted a $1.28 billion loss for the first 6 months of the 2022 financial year which is worse than the $1bn loss posted in the previous corresponding period. It is Qantas’ fourth consecutive half-year loss because of the Delta and Omicron Covid-19…
Read More Qantas announces $1.28 billion loss because of COVID
There has been no summer break for Qantas. In fact, quite the opposite with lots of developments since school broke up. On the plus side there has been plenty of Christmas cheer for Qantas. There is much pent-up demand for travel, especially from people wanting to see family and friends and except for WA the…
There has not been much good news for Qantas of late culminating in their announced loss of $1 billion for the first 6 months of the financial year announced last month. However, these past few weeks there has been some blue sky for Qantas. First was the Federal Governments post-JobKeeper $1.2 billion aviation and tourism…
Alan Joyce has used the airline’s AGM to put unions on notice that he expects employees to be flexible on new work agreements. The Qantas CEO wants cheaper labour to compete with a post-administration Virgin Australia and help offset the severe financial challenges facing the airline. Unions reacted angrily to the demand saying that Qantas…
Qantas is still very much on war footing as it continues to navigate the impacts of COVID-19. One thing you could not accuse Alan Joyce of is procrastinating. Alan Joyce has increased pressure on state premiers over border closures urging 20,000 of its stood-down staff and the airlines 10,000 suppliers to sign a petition calling…
Read More Alan Joyce has increased pressure on state premiers over border closures
Alan Joyce was supposed to be celebrating Qantas’ Centenary Year, but the COVID-19 crisis has seen Qantas effectively stalled for the past few months as demand for travel has evaporated. Alan Joyce has just announced details of Qantas’ post COVID-19 recovery plan which are extreme and brutal in terms of cost reductions and job losses.…