Australian airline Qantas (ASX: QAN) has been in the news for a myriad of reasons lately. And none of them have been positive. Most recently, the Company reported its third major loss following Covid-19, with the underlying loss before tax amounting to $1.86 billion and statutory loss being over $1 billion. According to the Company,
Read More
I thought the ‘Other Costs & Expenses Excluding Fuel’ figure was a bit high in Rex’s (ASX: REX) half year results. Turns out that a portion of that $146.5 million has gone towards purchasing eggs, and not to add to their inflight meals. A hooded Rex board member slinked onto Qantas CEO Alan Joyce’s property
Read More
“I’ve been to cities that never closed down, from New York to Rome and Old London Town but no matter how far or how wide I roam, I still call Australia home.” It’s the iconic sounds of the Australian Boys and Girls Choir that made Australian marketing folklore with Qantas’ heart-tugging 1998 ad. Unfortunately for
Read More
As a sombre storyline attached to the global outbreak of COVID-19, it has become inevitable that the services industry has been decimated, most evidenced by Qantas’ decision to stand down 20,000 of its workforce, and others will follow. The Qantas decision comes after yesterday’s national address from Prime Minister Scott Morrison who forewarned Australia that
Read More
Telecommunications company Vonex (ASX: VN8) has seen an immediate uplift in customer leads, referrals and signups since partnering with Qantas Business Rewards, enabling businesses to earn Qantas Points via the purchase of Vonex products and services. Since the partnership between Vonex and Qantas (ASX: QAN) commenced in mid-August, Vonex has notably improved its book of
Read More