Qantas (QAN) has been making headlines recently through industrial disputes with their engineering workforce. Shareholders may be concerned the dispute will impact QAN’s image or maybe even its profits through future strike action.
Well, investors can rest assured that strike action won’t have much of an impact on QAN’s future. As we can see from the return on equity graph below, Qantas has bigger problems to worry about. Profitability has been sliding for over a decade and it’ll take more than a little cheap engineering labour (or off-shoring their maintenance activities) to turn the slide around.
