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…
Read More Coronavirus set to impact Qantas
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.…
Read More No Rest For Qantas
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…
Read More Qantas FY19 Results
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
