QAN 0.80% $7.42 qantas airways limited

Check out this website. http://www.qgs.net.au/Take note of this...

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    Check out this website. http://www.qgs.net.au/
    Take note of this sentence "...Qantas Aviation Services and was established to provide a labour hire alternative to the Qantas Group under a certified TWU agreement..."

    I have heard on the grapevine that Qantas mainline increased its ground handling contracts by 20%. When no service user renewed their contract due to the ridiculous price hike, its wholly owned subsidiary QGS came in and offered the same contracts at a much reduced rate. I believe this is called "spill and fill" in the business world.

    And we wonder why the TWU are annoyed....
 
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