The Qantas Sale Act amendments are set to pass the Senate this week, following a deal the government made with Labor which has consistently opposed majority foreign ownership of the “Australian” airline…
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…
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 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?
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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…
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…
Qantas will split its international and domestic operations.
AAP
Qantas has announced it is splitting its loss-making international business from domestic operations, as part of a five year turn-around plan announced last August. The two companies will have separate…
Senator Xenophon’s proposals for the Qantas Sale Act won’t fly with Qantas CEO Alan Joyce, who says the effects could be detrimental for the beleaguered airline.
AAP
Senator Nick Xenophon’s call for change to the Qantas Sale Act has made headlines across the world this week. He has challenged the Senate committee to support amendments to the Act that would require…
Incoming Director of the Australian Institute of Business and Economics at UQ, and Professor of Management, Faculty of Business and Economics, Macquarie University