Qantas Loyalty, remarkably, only experienced a 9 per cent decline in profitability, generating earnings before interest and tax of $341 million. Its membership and member satisfaction figures have actually improved, despite the absence of flights.
How bad it is will depend on how quickly domestic borders re-open. Alan Joyce is pushing for a national cabinet-driven and science-based framework for their opening and closing; bemused that states with zero or minimal cases are still shut to domestic travel.
That’s because of Qantas’ dominance of one of the most profitable domestic markets in the world, an expectation that the restrictions on international travel will boost the volume of domestic travel and the changing shape of its only meaningful competitor.
It was Qantas decision to shut down international flights that too way before capping.. they lost the opportunity to make billions while they could have repatriated thousands of Aussies as well but they looked other side.. Now crying to gain attention. IStillCallAustraliaHome
scammers Qantas CEO Alan Joyce is a bigger scammer than Peter Foster, they only difference is, he gets away with it. Qantas continue to sell millions of tickets for flights they know they will never deliver and refuse refunds on over 90% of these tickets. FraudWatch
I hope Qantas is non existent in the near future
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Qantas CEO Alan Joyce hits out at premiers over border closuresQantas Group CEO Alan Joyce has hit out at state and territory leaders for keeping borders closed, saying there should be a “national framework” in place to get Australia’s domestic tourism moving again. Qantas CEOs of profit making companies need to focus on their business, & leave State & Territory leaders to focus on theirs. Threats to health & local economies in each State & Territory require difficult decisions. Mr Joyce's bonus is not, & should not be, a part of decision-making. Qantas Perhaps risk of unscrupulous operators ignoring protocols. Perhaps the proportion of the population that is feral, not able to follow basic rules and guidelines. If you have a valid case, work closely with the Government to develop national guidelines. Please don't just stir. Qantas Can’t wait to never fly qantas again
Source: newscomauHQ - 🏆 9. / 77 Read more »
Border closures: Qantas CEO Alan Joyce slams state premiers over bordersState premiers have been accused of shutting down their borders to win votes rather than save lives, costing hundreds of jobs and devastating the economy. Ahh yes, being accused by someone who would gain massive profits from borders being open, that's literally the only reason he cares. I wonder if Qantas's 2 billion dollar loss has any motivation for this sudden and late rebuke... Never has there been a better reason to get rid of state governments. auspol SkyNewsAust theage theheraldsun 7NewsMelbourne 9NewsMelb 10NewsFirstMelb Covid_19 ScottMorrisonMP OneNationAus
Source: newscomauHQ - 🏆 9. / 77 Read more »
'More tough decisions': Qantas to cut more jobs as COVID, Virgin threats loomAlan Joyce has flagged a gruelling year ahead for the airline and more job cuts as it faces a slower recovery from the COVID-19 pandemic and fiercer competition from a relaunched Virgin Australia | pwhatch pwhatch Why doesn’t he take a 50% pay cut and keep more people employed pwhatch qantas Alan Joyce is no different to Peter Foster, Australians biggest scammer, Alan is by far, worse because Qantas has sold millions of tickets for flights they knew they would never deliver and refuses refunds on over 90% of those fake flights. ScamAlert Qantas pwhatch Privatise gains (bonuses), socialise losses (job cuts). Well done Joyce. Capitalism at its best. Fk stick.
Source: smh - 🏆 6. / 80 Read more »
Qantas CEO rules out US travel until there’s a vaccineAs the global aviation industry sits at a standstill, Qantas CEO Alan Joyce says Australians hoping to fly to the US could be waiting beyond 2021. Why don't multi-national organisation concentrate their money and know-how into accelerating a vaccine? It's in their interests! 🤷♂️ Once a prison colony, always a prison colony Such BS
Source: newscomauHQ - 🏆 9. / 77 Read more »
Qantas swings to $1.9b loss during 'toughest conditions in 100 years'Chief executive Alan Joyce said it was now unlikely Qantas will restart international flying before June next year, with the possible exception of flights to New Zealand. Qantas And the CEO takes a cut in his salary and hands it back to staff Qantas Crocodile 🐊 tears from Alan today I see , Any chance him taking a pay cut ?🤷♂️ Qantas Yet other airlines continue to fly internationals in. No risk there.... We're locked in like dogs while Gov makes deals with foreign powers to line their pockets.
Source: theage - 🏆 8. / 77 Read more »
Qantas swings to $2.7b loss during 'toughest conditions in 100 years'Qantas has swung to a $2.7 billion full year loss after the COVID-19 pandemic forced it to ground most of its aircraft and halt international flights entirely. So will JobKeeper lead to Dividend Keeper? Qantas got $715 million on day 1. They dumped 20,000 workers onto welfare to be supported by tax-payers that had just shelled out $m's to keep it afloat. CEO Alan Joyce sacrificed $23m salary, poor guy will only take home $6m this year. Its time for QANTAS to hand over the keys Yet miraculously share price went up 8c yesterday 🤷🏻♂️
Source: smh - 🏆 6. / 80 Read more »