Australian (ASX) Stock Market Forum

QAN - Qantas Airways

Anyone know the numbers off the top of their head re: how much oil etc australia gets from qatar vs the emirates? @Smurf1976 ?
It may be complex to track. It may be going through other markets first, like refined oil/petroleum processed in Singapore then comes to Australia and we aren't aware where the oil originates
 
Anyone know the numbers off the top of their head re: how much oil etc australia gets from qatar vs the emirates? @Smurf1976 ?
Directly most of our imports come in the form of refined products from Singapore, South Korea, India, Malaysia and China. Plus lesser amounts from various others.

For crude oil Malaysia's the dominant source.

Where it gets complex is with where Singapore etc are obtaining the oil from. Apart from Malaysia the others have either far less crude oil production than their refinery throughput or they don't produce crude at all. I'm not sure if they're sourcing any from Qatar or not.

Ultimately though the UAE is a larger producer of oil than Qatar. The actual figures do vary depending on whether LPG, ethane and in Qatar's case liquids (at ambient temperature and pressure) produced from natural gas feedstock via GTL plants are included as "oil" or not but ultimately UAE's much larger source of oil and oil-like products than Qatar.

To what extent that influences the politics around national airlines I'm not sure. :2twocents
 
To what extent that influences the politics around national airlines I'm not sure.
Yeah, not something the public are really going to know very well. Qantas doesn't peel off to the UAE on either of its kangaroo routes/to europe (it's either via singapore with the A380 or perth with the 787) so that kind of ruled that direct fuel provision question out.
 
QAN has put forward a novel defence in the case against it in the Federal Court.
From AFR
Qantas disputes the notion that customers are buying tickets for a particular flight, as it blamed its booking systems and the “sheer scale” of travel changes for it selling flights that had already been cancelled.

In its statement of defence filed with the Federal Court, Qantas said the Australian Competition and Consumer Commission’s case hinges on a definition of the “services” that Qantas supplies.

“The ACCC contends that Qantas supplies carriage on ‘particular flights’. Qantas disputes this. The ‘service’ that Qantas supplies is not carriage on any ‘particular flight’ but rather a bundle of rights that includes alternative options to which consumers are entitled in respect of a cancelled flight,” the airline told the Federal Court.
That would be fine, excepts everything about its fare selling software screams you are buying a seat on a particular flight.
From the changes in prices between the same "service" from one flight to the next, to the notin that you do not get a refund to a cancelled flight, rather than a credit, that is not what the marketing is telling you.
I would be stunned if they get away with that defence.
Mick
 
Watched some of the AGM today and questions from shareholders were shut down.

Not flying QAN again unless absolutely necessary.

Screenshot 2023-11-03 at 12.12.13 pm.png
 
Watched some of the AGM today and questions from shareholders were shut down.

Not flying QAN again unless absolutely necessary.

View attachment 165153
Would Goyder and the Garden Gnome be classed as doing insider trading with that volume of shares.
This scenario smells like the rat hole in my machinery shed whre a family of now deceased rats reside.
 
Watched some of the AGM today and questions from shareholders were shut down.

Not flying QAN again unless absolutely necessary.

View attachment 165153
I find it ironic that Todd Sampson - a Guru in marketing and brand management - is on the Qantas board and has started to kill his own brand in the public eye. Todd has been there for the disintegration of the Qantas brand. So why would anyone want to hire him again? Clearly investors not too keen on him these days.



There's no fixing Qantas. It's just about us accepting the new sh*t norm.
 
apropos of a certain airline, the only work by an Archibald Prize winner (2003) I own is this:
Screenshot_20231107-114552_Photos.jpg

.
Done in the back yard of a friend in (gritty) Tempe, it is the captured view of a plane on approach to landing on the main Sydney runway from the North.

Unsigned, it was a 15 minute job to appease/ pay off an $800 phone bill incurred by the artist.
 
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