The majority of Australians or overseas visitors (when we have any of the latter) choose airlines other than QAN or subsidiary Jetstar.
However, not only is QAN expecting a loss of more than $2 billion in 2020-21, but this morning it's announced that from July 2022, it will cut international ticket sale commissions from five to a measly one per cent.
If I was a travel agent, I'd simply encourage vacationers and business travellers to use other airlines such as Singapore Airlines, Japan Airlines, Philippine Airlines, All Nippon Airways and a host of others.
What a shortsighted move by QAN, even though its mired in debt and very vulnerable to any rise in interest rates.
The majority of Australians or overseas visitors (when we have...
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Last
$20.65 |
Change
0.210(1.03%) |
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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$20.64 |
Change
0.210 ( 0.86 %) |
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| Last updated 15.59pm 21/05/2024 ? | |||||
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