The Qantas Board today announces plans for board renewal in recognition of the reputational issues facing the Group and to support restoration of trust in the company. Chairman Richard Goyder will retire prior to the Annual General Meeting (AGM) in late 2024. As announced in May, non-executive director Michael L’Estrange will retire at this year’s […]
The Qantas Group provides the following update to inform the market of a material increase to investment in customer improvements, continued strength in travel demand and the impact of elevated fuel prices. CUSTOMER IMPROVEMENTS The Group will invest a further $80 million in customer improvements across FY24 in addition to the $150 million previously budgeted, which will be funded from […]
COMMENTS FROM QANTAS GROUP CHAIRMAN RICHARD GOYDER Today, we’ve released the Qantas Group’s annual report for FY23. The report gives a lot of detail on our financial and non-financial performance, which is positive in many respects. However, it comes at a time when the company is experiencing an acute loss of trust from the community, […]
Qantas acknowledges and accepts the High Court’s decision to uphold two prior rulings by the Federal Court regarding the legality of outsourcing the remainder of the airline’s ground handling function in 2020. The Federal Court originally found that while there were valid and lawful commercial reasons for the outsourcing, it could not rule out that […]
Qantas Group CEO Alan Joyce has advised the Board he will bring forward his retirement by two months to help the company accelerate its renewal. As a result, CEO Designate Vanessa Hudson will assume the role of Managing Director and Group CEO effective 6 September 2023. Alan Joyce said: “In the last few weeks, the […]