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
The HSC is done for another year and the rest of school will be winding down soon. However, there is no rest for Qantas. If anything, things are gearing up. Qantas’ recent trading update shows some difficult domestic and international conditions. Qantas has signalled that it is currently experiencing declining revenues in the domestic market.…
Australian Consumer Laws have a big impact on the marketing of Qantas. Jetstar have just been fined almost $2 million dollars after the ACCC launched legal action in December last year. Jetstar were penalised for making false and misleading representations about consumer guarantee rights breaching the Competition and Consumer Act. What got Jetstar into trouble…
Read More Qantas gets nailed for breaching the Competition and Consumer Act
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…
Qantas Half Yearly report is in and it has seen its first-half profit fall because of heavier fuel costs. Qantas’ profit was down 18% to $780 million from the same time last year. Over the six months, Qantas spent $2 billion on fuel alone, a $416 million increase. Qantas is not the only airline affected…