QAN 3.28% $7.37 qantas airways limited

Will QAN survive?, page-5416

  1. 10,782 Posts.
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    You'd have to be joking.

    QAN has had one of the biggest reputational falls in a short period for any ASX-listed major company that I can recall.

    It emanated from the CEO's mouth but has been compounded by his failure to replace ageing aircraft in a timely fashion (noting that aircraft manufacturers such as Boeing have had problems), his concentration on wokism instead of reliability and (especially for internatrional flights) punctuality, the Board selling off all net tangible assets and the general downgrading of service levels on board and even pre flight.

    Plus the luggage issues.

    I cannot give investment advice so DYOR, but it's downright silly in my humble opinion to purchase airline stocks as a medium or long term investment. By and large they are poor businesses, whatever the hype attached to them by unknowing mums and dads and some advisers.


    Last edited by Hopeful9: 27/01/23
 
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