The ACCC has launched legal action in the Federal Court, alleging Qantas engaged in false, misleading and deceptive conduct by advertising tickets for more than 8,000 flights which had already been cancelled but had not yet been removed from sales.
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Live: ACCC takes Qantas to court for allegedly selling tickets for cancelled flights, ASX to riseThe US economy has continued to cool, raising expectations the Federal Reserve will leave rates on hold next month, while the ASX is set to edge higher at the open on Thursday. Follow live.
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Qantas essentially ‘underwritten’ by the federal governmentSky News host Caleb Bond says Australian consumers deserve to know why Transport Minister Catherine King thought it was in the “national interest” to restrict more competition in the airline market. Last month Labor rejected a Qatar Airways bid to operate an additional 28 flights in Australia per week. “The national carrier has essentially been underwritten by the federal government, so it knows it'll never fall over, which has given it license to behave however it likes,” Mr Bond said. “That's when the government is meant to step in but, as we know, they've done the opposite. Why?”
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Decision to block extra Qatar Airways flights to protect Qantas 'a really bad decision', former ACCC bosses sayTwo former heads of the national competition watchdog say the federal government's move to block Qatar Airways' request for extra flights to protect Qantas decreases competition and leaves travellers worse off.
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‘Not the government’s job’ to keep Qantas profitableShadow Foreign Affairs Minister Simon Birmingham says it is not the government’s “job” to make Qantas profitable amid claims the government blocked extra Qatar Airways flights to keep Australia's airline afloat. “Of course we want to see the national carrier be profitable and for it not to need government intervention or bailing out,” Mr Birmingham told Sky News Australia. “But there’s no transparency around the basis upon which the government formed this decision, and of course, it’s a decision for which the government has given umpteen different reasons now.”
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Qantas boss ‘faces the music’ at Senate cost of living hearingSky News Political Editor says Qantas boss Alan Joyce had to “face the music” at a Senate cost of living hearing over the high price of airfares and a failure to pay back flight credits. Qantas failed to pay back “hundreds of millions” worth of flight credits at a time they were recording record high profits, Mr Clennell said. “The hearing came against this backdrop of the government recently refusing Qatar Airways extra weekly flights into Australia – something that could lower the price of airfares,” he said. “The politicians were into Alan Joyce for his lobbying of government … Joyce was copping it over his salary and how he had fixed his bonus. “The CEO also copped it over how the airline was dealing with flight credits accumulated during the airline shutdown during the COVID pandemic. 'Credits that haven't been paid yet.'
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ANZ’s Elliott says government’s Qantas-Qatar block is ‘disturbing’The CEO of the bank, which itself must run past federal approval to take over Suncorp, has questioned any profit rationale for blocking flights.
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