STRATEGIES OF FINANCIAL MANAGEMENT - CASE STUDY 2023 UPDATE
What are the current liquidity strategies employed by Qantas - ANS-- Controlling current assets - Controlling current liabilities - Leasing - Sale and lease back What are the main things Qantas leases - ANS-- Aircrafts - Buildings - Plant and equipment What are some advantages of leasing for Qantas - ANS-- Allows for spare cash - Provides greater fleet flexibility - Flexibility to not renew leases during COVID What are the main assets Qantas has recently chosen to sell and lease back - ANS-- Terminals What terminal did Qantas sell and lease back in 2016 - ANS-Sydney domestic terminal for $185m What terminal did Qantas sell and lease back in 2019 - ANS-Melbourne domestic terminal for $335m What are Qantas' two main profitability management strategies - ANS-- Cost controls - Revenue controls How much has Qantas cut its cost in the last 5 year - ANS-Over $3.3billion 20% What are some recent strategies Qantas has employed to cut costs - ANS-- Redundancies - utilisation of technology - Entering into strategic alliances - Fuel hedging - Fuel conservation What strategic alliances is Qantas part of - ANS-- Emirates - American airlines - Chine eastern How many job losses did Qantas record from - ANS-5000 Continues...
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- February 15, 2023
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