QF FY19 results
Join Date: Sep 2017
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Airlines have dual obligations, holding a high capacity RPT licence and also commercial agreements (with airports and navigation service providers) to fly a published schedule.
Serial offenders, historically have been low fare airlines. The benefit being that with low yielding airfares, high load factors can be maintained, whilst curtailing operating expense.
Perhaps rumoured crew shortages are impacting?
Perhaps also reduced maintenance expenditure is telling?
A quick check of online booking options shows enormous divergence between the company and competitors and this is well detailed by Michael Pascoe, highlighting the reported operating margin.
It staggers me that the ACCC has not got on Qantas’s case for abuse of their near monopoly position in the domestic market. Push load factors up to the high nineties by cancelling flights and then obscene fares for the few remaining seats.
That happened to me recently. Sydney to Canberra weekend late night flight Virgin didn’t have a service after 5. Qantas had three after 5. Flight was $149 booking a week out. Went to book the next day noticing all flights removed bar one. Flight price had jumped to $399. Ended up driving it.
When I worked nights in reservations we used to get the flow control cancellations at around 2300 NZ.
We usually had them dealt with by 0030.
I don't believe I ever, in 7 years, saw a cancellation due to light loadings. Most flights I dealt with were around the 75-85% mark.
We usually had them dealt with by 0030.
I don't believe I ever, in 7 years, saw a cancellation due to light loadings. Most flights I dealt with were around the 75-85% mark.
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A bit of soft corruption ensures regulators look the other way.
Wasn't it Rocket Rod Sims that granted Qantas an exemption to the Competition and Consumer Act 2001, allowing a tie up with Emirates to dominate travel to and from Australia?
Rocket rejected the premise for the application, namely that Qantas International was in "terminal decline" but gave them the exemption anyway...
They have recently thrown some crumbs to regional ports after they were beaten up in the senate inquiry, I’ve seen $750 return for 1 hour each way to Coffs Harbour.
I know of someone was recently trying to go Mt Isa to BNE. Was cheaper to do Isa to Auckland and throw away the last leg.
Quite often it’s cheaper to go the Australian Regional city to say BKK, DPS, HKG, SIN via Sydney return on one booking then it is a single domestic from regional to Sydney return.
Play with the multi trip booking system a bit and it’s why so many people in isolated communities plan a overseas holiday with a capital city visit.
Quite often it’s cheaper to go the Australian Regional city to say BKK, DPS, HKG, SIN via Sydney return on one booking then it is a single domestic from regional to Sydney return.
Play with the multi trip booking system a bit and it’s why so many people in isolated communities plan a overseas holiday with a capital city visit.
