Qantas Responds to Rough Economic Climate

Qantas Airways Limited, the largest airline in the country of Australia, has canceled or delayed a total of 30 aircraft orders with Boeing. This even more proof that the United States doesn’t have a monopoly on struggling airlines.
“Qantas announced its original B787 order in December 2005, explained Alan Joyce, the CEO of Qantas, “and the operating environment for the world’s airlines has clearly changed dramatically since then.”
With people around the world not having as much disposable income, travel has slowed. While recent months have seen a slight increase, overall the lack of passengers has hurt nearly every airline on the …read more