Qantas has announced two new board members, including a new Chairman, as part of its ongoing renewal. John Mullen will join the Qantas Board from July 1, 2024, as Non-Executive Director and Chairman Elect and will assume the role of Chairman ahead of the company’s annual general meeting (AGM) this October. Dr Nora Scheinkestel will […]
Qantas announces new board members Read More »
Qantas and Alliance Aviation Services (Alliance) have jointly announced the termination of their May 2022 agreement for Qantas to fully acquire the Australian-based charter operator. This acquisition, which had received formal opposition from the competition regulator in April 2023, was initially anticipated to deliver enhanced customer value without undermining competition, especially in the fiercely competitive
Qantas and Alliance Aviation terminate acquisition agreement Read More »
The Qantas Board has announced 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
Qantas plans for board renewal in recognition of reputational issues Read More »
The Australian Competition and Consumer Commission (ACCC) has issued a draft determination in which it is proposing to deny authorisation for Qantas Airways (Qantas) and China Eastern Airlines Corporation Limited (China Eastern) and their related entities (including Jetstar) to continue coordinating operations between Australia and mainland China. The two carriers are looking to obtain authorisation
ACCC looks to block coordinated operations between Qantas and China Eastern Airlines Read More »
The Qantas Group has posted its first full year statutory profit since FY19. For the full year 2023 (FY23), the Group achieved an underlying profit before tax of AU$2.47 billion and a Statutory after tax profit of AU$1.74 billion. This compares with AU$7 billion in accumulated statutory losses over three prior years. Underpinning the profit was
Qantas Group posts full-year profit, orders 24 wide-body aircraft Read More »
Construction has commenced on the the Qantas Group’s first Airbus A220 aircraft, marking a key milestone for the Group as its fleet renewal programme ramps up. The aircraft’s major airframe components, including the centre and rear fuselage, are coming together at Airbus’ production facility in Mirabel, Canada, with the first of 29 aircraft expected to
Construction underway on Qantas Group’s first Airbus A220 aircraft Read More »
Qantas has unveiled the entire cabin design of its specially designed Airbus A350s that will fly direct from Sydney to New York and London from late 2025 and is set to conquer the final frontier of long-haul travel. The airline showcased its luxe first- and business-class cabins in February and has now unveiled the rest of the
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The Qantas Group will establish an AU$400 million climate fund to provide direct investments in sustainability projects and technologies, as the airline works towards its emissions reduction targets. The Qantas Climate Fund, announced as part of the Group’s Investor Strategy Day, will be the largest aviation fund of its kind. The fund includes the ~AU$290 million
Qantas Group to establish AU$400 million climate fund Read More »
Vanessa Hudson will become the next CEO and Managing Director of the Qantas Group, taking over from Alan Joyce when he retires in November 2023. Hudson is currently the Group’s Chief Financial Officer and has worked in a number of executive positions across the Group over 28 years, including Chief Customer Officer and Senior Vice
Vanessa Hudson will succeed Alan Joyce as CEO of Qantas Group Read More »
