Business
Qantas (ASX:QAN) share price slips on employee payment news
The Qantas Airways Ltd (ASX: QAN) share price is back in focus following last week’s federal government announcement of a $1.2 billion tourism package. The taxpayer-funded deal entails half-price domestic airfares for 800,000 passengers.
Another part of the package is retention payments to Qantas and Virgin employees who would normally be working in the international flight segment of the business. Although previously undisclosed, Qantas has this afternoon confirmed further details.
At the close of trade today, the Qantas share price was trading down 0.73% at $5.41.
Retention life raft replaces JobKeeper
Qantas confirmed further details of the JobKeeper replacement with The Australian Financial Review today. Australia’s…
-
General18 hours agoTwo people arrested after man fatally shot at McLaren Flat
-
General9 hours agoICAC investigating University of Wollongong as chancellor grilled at Inquiry
-
General16 hours agoWarner Bros Discovery board rejects rival $163bn bid from Paramount
-
General22 hours agoMan refused bail charged with depicting Adolf Hitler and Nazi symbols on boat