Qantas Airways Limited (QABSY)
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Qantas faces potential $121 million fine as court questions remorse over illegal outsourcing
Qantas is confronting the possibility of a substantial financial penalty, with the Federal Court scrutinising the airline's expressions of remorse over the unlawful outsourcing of nearly 1,700 ground handling workers in 2020. In penalty hearings that began on Monday, Justice Michael Lee expressed scepticism of Qantas' contrition.
Qantas Airways: Fairly Valued On Higher Earnings Expectations
Qantas' H1 2025 revenues grew 9% to A$12.1 billion, driven by capacity increases and lower fuel costs, despite unit revenue pressures and inflation. The company expects double-digit EBIT growth for H2 2025, with strong domestic unit revenues and increased capacity, despite rising net debt due to fleet expansion. Qantas stock is fairly valued, with recent price increases, driven by higher EBITDA and free cash flow expectations, already priced into the market.
Qantas Airways CEO on China, Heathrow, Trump Tariffs, Demand
Qantas Airways Chief Executive Officer Vanessa Hudson discusses the company's positioning in the Chinese market, saying if the Australian airline sees demand in China, it will put services back on those routes. She also discusses Airbus aircraft deliveries, sustainable aviation, and the recent London Heathrow Airport closure.
Qantas CEO says Project Sunrise flights to start in 2027
Australia's Qantas will start Project Sunrise ultra-long-haul flights in early 2027 after receiving the first of 12 dedicated Airbus A350-1000 aircraft at the end of next year, Chief Executive Vanessa Hudson said on Tuesday.
Australia's Qantas soars to record highs after frequent flyer programme revamp
Shares of Qantas rose to a record high on Thursday, a day after the Australian carrier unveiled changes to its frequent fliers programme to attract cost-conscious travellers and restore its credibility following a string of controversies.
Qantas plane makes emergency landing in Sydney, media report
A Qantas flight bound for Brisbane made an emergency landing in Sydney airport after passengers heard a loud bang from one of its engines, Australian media reported on Friday.
Australia's Qantas lifts domestic revenue estimates, lowers fuel cost forecast
Australian flag carrier Qantas Airways on Friday lifted revenue expectations from its domestic operations for the first half of the financial year, while forecasting lower fuel costs after a drop in global prices.
Australia's Qantas told to pay $114,000 to 3 sacked workers in landmark outsourcing case
A court on Monday ordered Australia's Qantas Airways to pay a combined A$170,000 ($114,000) to three baggage handlers it unlawfully sacked in 2020, implying a big damages bill for a lawsuit involving about 1,700 former workers whose jobs were outsourced.
Australian pilots union rejects Qantas Airways' wage proposal
The Australian pilots union said on Tuesday that it has rejected a wage proposal from Qantas Airways for its short haul pilots, days after the company's engineers went on a strike to demand a better pay deal.
Australia's Qantas says rolling engineer strikes not expected to disrupt flights
Australia's Qantas Airways said rolling aircraft maintenance engineer strikes that began on Thursday in Melbourne and are set to continue for two weeks across the country are not expected to disrupt flights.
Qantas Stock: Challenging Cost, Revenue Environment But Upside Remains
Qantas faces a challenging cost and revenue environment; FY24 results showed a 15.7% decline in group EBIT to A$2.078 billion. Despite pressures, Jetstar's performance was a bright spot, with EBIT growing 23% to A$497 million, indicating a shift towards low-cost alternatives. Risks include continued capacity additions impacting fare stabilization, particularly in international markets, but domestic operations and transformation initiatives offer some optimism.
Qantas blames computer glitch for massive discount on first-class tickets
Qantas said on Monday that 300 passengers got their hands on the discounted tickets within eight hours on Aug. 22.
