The current good state of Qantas sure can't last!
Bonuses all round? surely not.
https://www.businessinsider.com.au/q...s-dnata-2018-4
Qantas is selling its catering businesses to dnata, an aviation services company that is part of the Emirates Group, a code-sharing partner.
Under the deal, dnata will supply catering for Qantas flights for an initial period of 10 years, and Qantas will continue to work with key suppliers in menu design and development.
“Customers will continue to enjoy Qantas’ premium service, including unique Rockpool-designed menus for First and Business passengers, showcasing the best of Australian produce for millions of travellers each year,” says Qantas Domestic CEO Andrew David.
Dubai-headquartered dnata already operates 11 catering facilities in Australia, trading under the dnata catering brand, recently rebranded from Alpha Flight Services. dnata employs more than 4000 people in Australia across its catering, cargo and ground handling businesses.
The agreement is subject to approval from the Australian Competition and Consumer Commission (ACCC).
Qantas’ catering businesses include wholly-owned subsidiaries Q Catering Limited and Snap Fresh Pty Limited.
Q Catering has centres in Sydney, Melbourne, Brisbane and Perth, with its largest airline customer being Qantas.
Snap Fresh is a meal production plant in Queensland, specialising in Australian-made frozen meals for airlines and the healthcare and food retail industries.
Andrew David says the sale will enable Qantas to partner with a global leader in inflight catering and prioritise investing in the airline.
So it's not core business and they are going to use funds to invest in the airline, hopefully that's mainline.