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…
Read More Qantas’ Major Environmental Push (Operations)
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…
Read More Qantas’ Profit Loses Altitude
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,…
Read More Qantas’ Endless Summer
Alan Joyce has received a 56% pay cut but before you get too concerned, he still took home $10.9 million. It’s just that this year his bonuses were far less generous. Last year he received a massive bonus of $20 million under a share incentive scheme for resurrecting Qantas financial fortunes pushing his salary out…
Read More Alan Joyce cops a massive pay cut (Human Resources)
Qantas’ 2018 Yearly Report is in and the results are fantastic. Qantas has posted a whopping $1.6 billion profit its highest ever. Qantas will finally now have to start paying Company Tax after using up the last of its tax losses from previous years. Qantas profit was turbocharged by its record domestic result and cost…
Read More Qantas delivers highest profit in history (Finance)
