Qantas’ 2019 Yearly Report is in and the results were very good with Qantas reporting a $1.3 billion profit. This was a 17 per cent fall from the previous year. While Qantas may have reported lower earnings, their results were significantly better than what might have been given their circumstances. Qantas was hit with a…
The Australian Council of Trade Unions (ACTU) has launched legal action against Qantas in the Fair Trade Commission over its bonus scheme which was announced by CEO Alan Joyce after the company made a record profit of $1.6 billion in 2018. The bonus was made up of a $500 staff travel credit and a cash…
Read More The ACTU sues Qantas over its bonus scheme (Human Resources)
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…
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,…