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QAN - Qantas Airways

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?
 
QAN has never appealed to me as a stock I would want to own for any length of time.
QAN closed at a high of just over $6 back in November 2007.
QAN was worth 5.15 in August 1999.
Not a lot below todays closing price of 5.64.
its last dividend was in 2019.
Mick
 
i off-loaded mine in Nov. 2014 ( @ $1.775 )i voted against remuneration packages , against some directors with no good result , seems the majority of shareholders were happy with the stuff going on even back then
 
And goodbye, tut tar and don't return
 
Absolutly amazing. Perhaps A Current Affair should have been brought in and then problem solved. Bad press always works.
 
QAN has never appealed to me as a stock I would want to own for any length of time.
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.
 
Fines. Fines (deterrents) work.
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
 
It was a buy during covid as a rebound/reopening play, though that wasn't unique to qantas.
 
In my view, which is not worth a cracker, a dud to be sure, to be sure.
 
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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
 
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.



gg
 
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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