Qantas was the most punctual major domestic airline in July, with the latest Government data showing Qantas flights (Qantas and QantasLink) departed on time 74.1 per cent of the time, compared to 73 per cent for its main competitor. From April to the end of July, almost 80 per cent of Qantas flights departed on […]
Qantas has joined Rio Tinto and BHP as foundational investors in a new fund that will develop high-integrity, nature-based carbon projects in Australia. Managed by Silva Capital – a joint venture between investment managers Roc Partners and C6 Investment Management – the Silva Carbon Origination Fund aims to raise $250 million to originate and manage […]
The Qantas Board has today released a report following a review of key governance matters. The review, which commenced in October 2023 and considered matters over the preceding 12 months, scrutinised the decision-making and governance processes of the Board that led to the loss of trust amongst stakeholders. The review involved external and internal input on […]
The Board has finalised its decisions in relation to executive remuneration for FY23. In September last year, the Board announced there would be a 20 per cent reduction in short term incentives for FY23 for members of the Group Management Committee given the challenges then facing Qantas and in recognition of the customer and brand […]
Qantas has joined an alliance of airlines, an aircraft manufacturer, and energy and financing companies to help accelerate global production of aviation biofuel. The Sustainable Aviation Fuel Financing Alliance (SAFFA) fund has been formed with anchor-investor Airbus as well as Air France-KLM, Mitsubishi HC Capital Inc., BNP Paribas, Associated Energy Group, and Burnham Sterling Asset […]