Analysis of Mineral Resources, Woolworths, Wesfarmers, Qantas
Fund Manager Chris Pedersen discusses Mineral Resources, Woolworths Group, Wesfarmers and Qantas Airways.
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Founded in the Queensland outback in 1920, Qantas has grown to be Australia’s largest domestic and international airline.
Registered originally as the Queensland and Northern Territory Aerial Services Limited (QANTAS), Qantas is widely regarded as the world’s leading long distance airline and one of the strongest brands in Australia. We’ve built a reputation for excellence in safety, operational reliability, engineering and maintenance, and customer service.
The Qantas Group’s main business is the transportation of customers using two complementary airline brands – Qantas and Jetstar. Our airline brands operate regional, domestic and international services. The Group’s broad portfolio of subsidiary businesses ranges from Qantas Freight Enterprises to Qantas Frequent Flyer.
Fund Manager Chris Pedersen discusses Mineral Resources, Woolworths Group, Wesfarmers and Qantas Airways.
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A snapshot of the stocks on the move, featuring Black Mountain Energy (ASX:BME), Andromeda Metals (ASX:ADN) and Qantas (ASX:QAN).
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The Federal Court has confirmed $100m in penalties over the so-called "ghost flights" scandal.
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The slides in June 30 profits for both Qantas (ASX:QAN) and Air NZ (ASX:AIZ) signal that the two airlines are preparing for an anticipated slowdown in revenue and earnings for 2024-25.
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Qantas (ASX:QAN) has settled its so-called ghost flights legal case with the competition regulator, the ACCC, at a cost of around $120 million.
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So what did we learn from Friday’s annual meeting of Qantas shareholders in Melbourne?
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The Australian Competition and Consumer Commission (ACCC) has scored a significant victory over Qantas as the airline called off its $611 million takeover of the smaller rival fly-in, fly-out operator, Alliance Aviation Services.
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In the year leading up to June, Qantas (ASX:QAN), Virgin, and Air New Zealand (ASX:AIZ) all enjoyed a boom, with soaring business, revenues, and earnings as international and domestic travel rebounded. However, the surge in oil and fuel prices has since dimmed their 2022-23 performance.
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Qantas (ASX:QAN) Chair Richard Goyder is set to respond to persistent calls for his departure from the board, with his exit planned for just over a year from now.
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The Qantas (ASX:QAN) board paid former CEO Alan Joyce $21.4 million as he exited the company, according to the airline's annual report released Wednesday afternoon.
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Qantas has been ordered to attend a month of mediation talks with the Transport Workers Union over the illegal sacking of nearly 1700 ground staff in late 2020.
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In a unanimous verdict, the High Court has delivered a significant blow to Qantas (ASX:QAN) and its attempts to justify the sacking of more than 1,680 employees at the height of the pandemic.
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