QAN 3.28% $7.37 qantas airways limited

The Joyce B/S barometer, page-19

  1. 7,775 Posts.
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    The Joyce b/s approach runs richly through the company its appears:

    https://www.9news.com.au/national/qantas-five-flight-dramas-domestic-international-ceo-defends-mid-air-turn-arounds/9fa674b0-c84c-4426-a979-ba99f6f9a833

    "There are absolutely no issues at Qantas,"

    "The global aviation industry has about 10,000 diversions or turnbacks per year. We average about 60 per year." (Chief Executive Officer, Qantas Domestic and International)

    Yes, which puts it at 1.2 turnbacks a week Andrew, so 5 in a week either a freak statistical outlier, or a pressing problem. Also to compare its number to the entire (massive) global industry obfuscating. Qantas has a very good safety record. That was the past, this is now. 5 a week IS an issue.

    Reported engineering problems alas suggest its not a statistical anomaly:

    https://www.aerotime.aero/articles/two-qantas-flights-from-melbourne-turned-back-due-to-mechanical-issues

    Last edited by bedger: 24/01/23
 
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