Qantas like all other airlines around the world are reeling as containment measures tighten to halt the spread of the coronavirus. Two days after slashing international flights by 90 percent, Qantas has announced it will suspend overseas services altogether by the end of March. The tipping point for Qantas was the new requirement for anyone…
Read More Coronavirus hits Qantas even harder with 20,000 workers stood down
Qantas Half Yearly report is in and Qantas has once again delivered strong earnings. Qantas’ underlying profit before tax was $771m (down only $4m or 0.5 percent on the previous corresponding period). This was despite challenges from the external environment such as weaker demand (slowdown in the economy), disruption in Hong Kong, industrial action on…
Read More Qantas reports a great half year result but Coronaviruses looms to spoil the celebrations
Coronavirus set to impact Qantas Alan Joyce is saying that it is too early to tell how many millions of dollars Qantas will lose in the wake of the deadly coronavirus outbreak. Qantas is yet to release an earnings guidance on the financial impacts of the virus to the ASX and may do so when…
Qantas has just announced environmental plans to cut waste to landfill by 75% by the end of 2021 and remove over 100 million single-use plastic items each year from flights and lounges by the end of 2020. This is in response to growing public concern and awareness about the negative effects of business operations like…
Unlike the new batch of Year 12’s business students and their teachers, there has been no summer break for Qantas. On the financial front, Qantas half-year results are due out in mid February and the airline is anticipating posting another strong result. First quarter results showed an impressive 6% rise in total revenue. On the operational front,…
Qantas is shopping for aircraft to fly non-stop from Australia’s east coast to New York and London without stopping. The two options for Qantas are the Airbus A350-90 and the Boeing’s 777-8X. Both companies believe their aircraft will be able to extend their range for these 20-hour flights by 2022. These ultra-long- haul aircraft can…
Read More Qantas does some comparison shopping for new aircraft (Operations)