Business
Court hears Qantas was ‘eight weeks from going broke’ – PerthNow
The Federal Court has heard how close Qantas was to going broke had it continued to operate at full capacity at the height of the pandemic.
The Federal Court has heard that Qantas was eight to 10 weeks from going broke had it continued to operate at full capacity.
The Australian Licensed Aircraft Engineers Association (ALAEA) has taken the airline to the Federal Court after 333 Qantas and 113 Jetstar maintenance engineers were stood down for one month earlier in the year.
Despite conceding that flights without customers would have been unbelievably loss making, the union has claimed the airline breached the terms of its enterprise…
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