Qantas has done a backflip over the role of the carbon tax in the problems it faces. After declaring on Monday that “the major issues Qantas faces are not related to carbon pricing”, it now says this cost…
Qantas is investing in a loss-making strategy, and there’s no easy way out.
Dave Hunt/AAP
Tony Abbott has thrown a curve ball at Qantas in refusing to offer up the debt guarantee it wanted, but seeking to abolish Part 3 of the Qantas Sale Act in its entirety. This opens the door to foreign…
Imagine that Virgin Australia was majority owned by a Chinese state-owned enterprise (SOE). Then, if the owners of Virgin tipped A$350 million of new equity into the company to sustain Virgin through a…
The federal government will allow majority foreign ownership in Qantas.
AAP/EPA
The federal government will introduce legislation this week to allow majority foreign ownership of Qantas. After a two hour cabinet debate, prime minister Tony Abbott announced tonight the government would…
Qantas chief Alan Joyce and CFO Gareth Evans have a lot of work to do to return Qantas to profitability.
Quentin Jones/AAP
Virgin Australia has joined arch rival Qantas in delivering a multi-million dollar half-year loss - albeit on a smaller scale. Both airlines have swung from profit to loss - Virgin from a prior half-year…
Are “better jobs” ahead for sacked Qantas workers?
Tracey Nearmy/AAP
The exact nature and location of the job cuts announced yesterday at Qantas are still sketchy, but Alan Joyce’s announcement indicates 5000 equivalent full-time jobs will be cut in the next three years…
Qantas doesn’t just have a cost management problem: its strategy is failing.
AAP
As was widely expected, Qantas this morning announced a major restructure of its operations. Included in that announcement are: 5000 job losses. A fleet restructure. Salary freezes. Route restructures…
Qantas CEO Alan Joyce: “An unacceptable result”.
Paul Miller/AAPImage
Qantas will cut 5000 jobs, freeze wages of all staff, and sell or defer buying more than 50 aircraft in a bid to cut A$2 billion in costs. The airline said the roles to be lost include 1500 management…
Qantas is heading into difficult times, but is it still a good investment?
Mick Tsikas/AAP
So it begins – a company running to Canberra with a good story and in need of some or other political favour. To be fair, these companies tend to have very good stories – consumer safety, national security…
Qantas is poised to receive some form of government assistance, but will it act in the national interest?
griffs0000/Flickr
The Federal Government appears ready to “throw a lifeline” to Qantas, which has been seeking a government-backed debt guarantee and a lifting of the 49% foreign ownership limit in the Qantas Sale Act…
The days when Qantas flew the flag as an iconic government business and public service still inspire public nostalgia.
AAP/Paul Miller
Sometimes in politics Newton’s Third Law – for every reaction there is an equal and opposite reaction – is applicable. Australia has a long history of public ownership, but it also has a long history of…
At the beginning of each year an array of awards are given in numerous industries to the top performers of the prior year. In the arts, Cate Blanchett won a Golden Globe last week for her performance in…
Debt; dollar; deficit - the mantra for this year, amid a turbulent political period.
AAP
Debt. Dollar. Deficits. Three little words so close to the hearts of our contributors in a year dominated by a critical federal election, a waning mining boom and continuing international turbulence. The…
Floating the Australian dollar helped us flourish - but was no panacea to all economic ills.
Image sourced from www.shutterstock.com
The Australian dollar was floated this day in 1983. By 1985, it seemed to take on water, list badly, and sink. And that actually was the idea. The real exchange rate – roughly, the dollar rate, adjusted…
Does the ABC have any business providing entertainment to the masses?
ABC TV/AAP
Australia is about to have a debate on the role of government in business. That debate is going to be spread over several issues – Qantas’ junk bond status, Holden’s Australian manufacturing decision…
What effect will the new uniform have on the Qantas workforce?
Qantas
It’s hard to imagine it today, but once people would put down their newspapers to stop and stare at young women as they strolled through airport terminals wearing figure-hugging suits, the half-winged…
Jetstar Hong Kong remains grounded, as it awaits government approval.
danzden/Flickr
The downgrade of Qantas’ credit rating to junk status by Standard & Poor’s has sparked serious concern for the future of the airline. But the fact is the airline industry has largely been unprofitable…
Qantas management are weighing up available options to bring the troubled airline back to profitability.
Yesterday’s Qantas guidance of a first-half loss of up to A$300 million is a continuation of poor financial performance which began in 2009. It’s not since then that Qantas has delivered a return on equity…
Qantas CEO Alan Joyce is under pressure, with the airline flagging a $300 million half-year loss.
Alan Porritt/AAP
Qantas has flagged deteriorating trading conditions and a potential A$300 million half-year loss in a statement to the market that has sent its share price tumbling. The airline has stepped up its cost…
Qantas wants a regulatory environment that would allow more foreign investment in the airline.
Paul Miller/AAP
Federal Treasurer Joe Hockey has kicked off a debate about the foreign ownership of Qantas, flagging a review of the legislation that currently limits foreign holdings. He says the airline is bound by…
Incoming Director of the Australian Institute of Business and Economics at UQ, and Professor of Management, Faculty of Business and Economics, Macquarie University
Professor in Transport and Supply Chain Management and Deputy Director, Institute of Transport and Logistics Studies (ITLS), University of Sydney Business School, University of Sydney