Qantas Airways Limited (QABSY)
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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.
Qantas' board decides to cut former CEO Alan Joyce's 2023 pay
Qantas Airways said on Thursday its board had decided to cut former CEO Alan Joyce's fiscal 2023 pay by A$9.26 million ($6.03 million).
