It feels like you can’t turn on the TV, open a newspaper or even search for some never-before-seen cat videos on the interwebs without hearing about Qantas these days. Our national airline is in trouble, you guys. I know that much.
But with the CEO changing his mind every second day about what he wants from the Government, the Prime Minister using phrases like ‘legislative repeal’ and Labor screeching about jobs being sent away, who knows what’s going on any more.
But I have decided to get to the bottom of it. To go all Sherlock Holmes on this Qantas caper and figure out what’s a-happening. I went down a Qantas rabbit-hole, and didn’t even click over to asos once.
So here’s the haps with Qantas, presented in an easy-to-understand 4 step guide. Well, at least as far as I can decipher it.
1. Qantas is struggling, money-wise.
They lost a shit-load of it in the last year – like, a $252 million kind of shit-load. There’s lots of reasons they’re losing it – they say the carbon tax is part of it. It’s also hard to compete against other big airlines like Virgin with their trendy flash-mob ads and dancing safety videos.
But, whatever the reason they’re losing money, obviously Qantas kind of needs it. An airline can’t stay profitable without, you know, making a profit, so they announced last week that they would be cutting 5000 jobs to try and save some moulah.
But, even with those job cuts, Qantas is still struggling to bring in the cash, and CEO/Boss Man Alan Joyce is kind of freaking out about what to do. You see, normally, when a big company starts struggling, they can go to some other bigger companies overseas and be like “what’s up bigger companies – you have heaps of money and we’re kind of losing money, so do you wanna buy us and help us out?”
Top Comments
This is perfect, I'm doing a school project on QANTAS and had absolutely no idea what's going on. This was amazingly easy to understand! Thank you so much!
Thank you! Now when someone asks about the deal with QANTAS "moolah" situation I can confidently let them know that they're after an international sugar daddy. Loved it!