Connect with us

Business

Balancing Act: Qantas reaps $1bn from taxpayers, but jobs, flights, fares all up in the air – Michael West News

Charging exorbitant prices for stranded travellers. Raking in record government subsidies. Qantas and Virgin and corporate socialism

Published

on

post featured image

Qantas and Virgin have enjoyed the lions share of COVID-19 related government handouts to companies not unusual given the huge effect of the pandemic on the travel industry.
At the same time, however, they are charging exorbitant prices for international and domestic flights for Australians struggling to make it home for Christmas.
The Lions Share
As of October, the latest available figures, the Qantas Group collected $786 million in COVID-19 related government subsidies, including $446 million…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending