Pandemic to make Qantas a leaner operation: Jefferies
Investment bank Jefferies has forecast major cost cutting at Qantas to help return the airline to profit in 2021.
Investment bank Jefferies has forecast major cost cutting at Qantas to help return the airline to profit in 2021.
Australian airlines will temporarily disappear from international airways with the final government-subsidised flights.
Qantas’s plans to lift capacity have revived ailing travel names, while retail profit taking kept the ASX from finishing above 6000.
As rival Virgin battles its way through administration, Qantas has announced plans to pull planes out of mothballs and get more services up and running.
The ACCC has toughened its position on Qantas’ acquisition of a stake in smaller airline Alliance.
Qantas has scrapped plans to build a new $120m pilot training centre in Sydney after a compensation battle with the NSW government.
Qantas is threatening to claw back overpayments to workers after it rejected union claims that more than 900 had been underpaid.
The move will see regional QantasLink services returned to the Flying Kangaroo.
Government must encourage business to invest post-virus with tax or investment allowances, says Qantas chair.
Qantas has flagged ultra-cheap fares on Jetstar to stimulate travel demand when flying is able to resume.
Perth Airport says Qantas and Virgin Australia’s unpaid bills totalling $36m have left it struggling to stay open.
Qantas says SafeWork NSW has no business requesting the private medical information of the airline’s employees.
Qantas and Virgin Australia are refusing to extend the expiry period for frequent flyer points in the coronavirus crisis.
Canberra says there are alternate buyers for Virgin, which just happens to be what Canberra wanted in the first place.
Sustaining Australia’s aviation industry seen as ‘critical to protecting livelihoods and saving lives’.
When Qantas was privatised in 1993, there was a liability of $1.4bn the federal government eventually agreed to guarantee.
The federal government has no intention of being Virgin’s ‘white knight’, dismissing growing calls for it to intervene to save the airline.
Australia Post says Qantas’s decision to limit domestic routes will hit deliveries hard, delaying up to 100 tonnes of freight a day.
With no commercial flights to cater for, the Gold Coast airport has temporarily shut its doors.
Virgin Australia reduces domestic flights to a single route as Qantas reveals 95 per cent drop in Easter travellers.
Qantas has told staff that virus cases in up to 50 employees would have been contracted overseas, rather than in-flight.
The question is how far the government should go to ensure we have two airlines when the crisis is over.
Qantas A330s, normally used for people travelling to Hawaii, have landed a new gig flying freight to and from China.
Qantas staff have been warned coronavirus is spreading in three ways after the infection of dozens of staff, including pilots.
Qantas says any staff who feel unwell must not show up for work at any Australian airport.
Virgin chief says an airline monopoly would be an economic disaster, but also argues Qantas too should get billions if needed.
Those dining out on the grievance gravy train are about to be hit with a startling COVID-19 reality. You have reached the end of the line.
Webjet has announced an equity raising to recapitalise the company at $1.70 per share to secure up to $332m.
With its major shareholders under pressure themselves, Virgin has placed its future in the hands of the government.
Qantas has upped pressure on the federal government for an all-or-nothing approach to the airline industry, after Virgin sought a $1.4bn bailout.
Original URL: https://www.theaustralian.com.au/topics/qantas/page/66