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In the short term and the medium term, what impact do you believe Covid 19 would have on the sales, personnel numbers, and financial sheet of Quantas?

User Sklott
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1 Answer

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Final answer:

The COVID-19 pandemic has had a significant impact on Qantas' sales, personnel numbers, and financial sheet. In the short term, there may be a decline in sales and the need to reduce personnel. In the medium term, recovery will depend on various factors.

Step-by-step explanation:

The COVID-19 pandemic has had a significant impact on various industries, including the airline industry. In the case of Qantas, we can expect short-term and medium-term impacts on their sales, personnel numbers, and financial sheet.

In the short term, Qantas may experience a sharp decline in sales due to travel restrictions and reduced passenger demand. As a result, they may need to reduce their workforce and implement cost-cutting measures to mitigate the financial impact. Additionally, their financial sheet may show increased losses and reduced revenue.

In the medium term, the recovery of the airline industry will depend on several factors such as the easing of travel restrictions, the availability of vaccines, and consumer confidence. If these factors improve, Qantas may see gradual improvements in sales and passenger numbers. However, it may take time for them to fully recover from the financial losses incurred during the pandemic.

User Yoshi
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