Australian (ASX) Stock Market Forum

QAN - Qantas Airways

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sptrawler said:
From some ex flight attendants that I know, he wont be missed by the employees.
He showed what sort character he was, when he used his position to crucify Israel Folau, then there was the baggage handler saga, now the P.M's son and the selling tickets on cancelled flights. IMO an absolute turd.
Yet he was held up as a role model by many, when it suited them, talk about a broken moral compass.
Gina Rhinehart bad for pulling sponsorship, Alan Joyce good for pulling sponsorship, we are a weird country.

www.theguardian.com

Qantas vows to go to high court after losing appeal over unlawful baggage handler sackings

Airline fails to overturn ruling that it unlawfully outsourced almost 1,700 jobs in part to avoid industrial action
www.theguardian.com www.theguardian.com

au.sports.yahoo.com

Ugly Israel Folau twist in Qantas' split with Rugby Australia

Qantas' decision to cut ties with Rugby Australia has thrust Israel Folau back into the spotlight.
au.sports.yahoo.com au.sports.yahoo.com

www.miragenews.com

TWU response to Joyce departure

Quotes attributable to TWU National Secretary Michael Kaine:"Alan Joyce's departure is welcome news for workers. In fact, it's the first good decision
www.miragenews.com www.miragenews.com
Quotes attributable to TWU National Secretary Michael Kaine:

"Alan Joyce's departure is welcome news for workers. In fact, it's the first good decision the Qantas board has made for a very long time. The question now should turn to whether the board should spill their positions following years of decimated jobs and standards, illegal outsourcing, and outrageous bonuses.
Click to expand...
The sooner the better, certainly needs fresh blood and a new role model to lead.
 
Anyone else noticed how all of their "missing" frequent flyer points, status credits, flight credits, linked accounts, disputes, lost luggage, bookings and just generally every problem/issue they've had with qantas just happens to have magically worked perfectly/been fixed/apply almost instantly etc etc as soon as all this bad press/potentially giant fine has occurred?
 
Dona Ferentes said:
Alan Joyce will walk away from the top job months earlier than expected after weeks of public and regulatory pressure on the national carrier.

After 22 years with the airline, including 15 as its leader, today will be Joyce's final day in the job, Qantas confirmed to the ASX in a statement today.
.
.... no 'transition to boardroom' jobs, please
Click to expand...
And goodbye, tut tar and don't return
 
over9k said:
Anyone else noticed how all of their "missing" frequent flyer points, status credits, flight credits, linked accounts, disputes, lost luggage, bookings and just generally every problem/issue they've had with qantas just happens to have magically worked perfectly/been fixed/apply almost instantly etc etc as soon as all this bad press/potentially giant fine has occurred?
Click to expand...
Absolutly amazing. Perhaps A Current Affair should have been brought in and then problem solved. Bad press always works.
 
mullokintyre said:
QAN has never appealed to me as a stock I would want to own for any length of time.
Click to expand...
As a trading stock sure, no problems.

As a long term buy and hold though I really don't see the attraction. Little if any capital growth, dividends lower than a term deposit with a big 4 bank and an inherently high risk industry.

I guess if you're a fund manager with a mandate requiring investment into stocks well then QAN is as close as it gets to being government guaranteed. It has that aspect, it's not likely to outright fail. :2twocents
 
over9k said:
Fines. Fines (deterrents) work.
Click to expand...
but only when shareholders express their displeasure via the AGM

QAN has been getting fines for years ( baggage charges , fuel levies , etc etc ) , and yet here we are , and to make it worse Joyce was recruited from inside the company , so it was already known what he was like
 
Smurf1976 said:
As a trading stock sure, no problems.

As a long term buy and hold though I really don't see the attraction. Little if any capital growth, dividends lower than a term deposit with a big 4 bank and an inherently high risk industry.

I guess if you're a fund manager with a mandate requiring investment into stocks well then QAN is as close as it gets to being government guaranteed. It has that aspect, it's not likely to outright fail. :2twocents
Click to expand...
It was a buy during covid as a rebound/reopening play, though that wasn't unique to qantas.
 
1693959968373.png
 
divs4ever said:
but only when shareholders express their displeasure via the AGM

QAN has been getting fines for years ( baggage charges , fuel levies , etc etc ) , and yet here we are , and to make it worse Joyce was recruited from inside the company , so it was already known what he was like
Click to expand...
In my view, which is not worth a cracker, a dud to be sure, to be sure.
 
Last edited:
Qantas has lost its battle to overturn a Federal Court ruling that it illegally sacked nearly 1700 workers during the pandemic, with the full bench of the High Court dismissing its appeal.

The unanimous verdict follows a bitter two-year legal battle between the Transport Workers Union and 1683 Qantas ground staff who worked at 10 airports across Australia until the airline outsourced their jobs in 2021.

Joyce saw the writing on the wall, and got out.
Surely now, QAN chairman Goyder must go.
As they say, the buck stops at the top.
He has presided over more fiascos than you can poke a stick at, and as I pointed pout earlier, the share price has languished for nigh on 25 years.

Mick
 
mullokintyre said:
Qantas has lost its battle to overturn a Federal Court ruling that it illegally sacked nearly 1700 workers during the pandemic, with the full bench of the High Court dismissing its appeal.

The unanimous verdict follows a bitter two-year legal battle between the Transport Workers Union and 1683 Qantas ground staff who worked at 10 airports across Australia until the airline outsourced their jobs in 2021.

Joyce saw the writing on the wall, and got out.
Surely now, QAN chairman Goyder must go.
As they say, the buck stops at the top.
He has presided over more fiascos than you can poke a stick at, and as I pointed pout earlier, the share price has languished for nigh on 25 years.

Mick
Click to expand...
I only held QAN briefly buying during the Wuhan Flu on greed and trying to take advantage of pain. From memory lost 50c per share before exiting after some shock or other. Serves me right. They went another 75c down then slowly recovered.

It looks as if it is a similar goings on atm. I reckon they have a way to now that the leprechaun has flown or whatever it is that leprechauns do.

qan.png

gg
 
mullokintyre said:
Qantas has lost its battle to overturn a Federal Court ruling that it illegally sacked nearly 1700 workers during the pandemic, with the full bench of the High Court dismissing its appeal.

The unanimous verdict follows a bitter two-year legal battle between the Transport Workers Union and 1683 Qantas ground staff who worked at 10 airports across Australia until the airline outsourced their jobs in 2021.

Joyce saw the writing on the wall, and got out.
Surely now, QAN chairman Goyder must go.
As they say, the buck stops at the top.
He has presided over more fiascos than you can poke a stick at, and as I pointed pout earlier, the share price has languished for nigh on 25 years.

Mick
Click to expand...
Surely the little gnome should be held accountable for his actions back then, even though he bailed out, unfortunately not at 30,000 feet.
 

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