-
QANTAS GROUP MARKET UPDATE – SEPTEMBER 2023
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 […]
-
STATEMENT ON QANTAS GROUP ANNUAL REPORT
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 STATEMENT ON HIGH COURT DECISION
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 […]
-
ANNOUNCEMENT ON QANTAS CEO SUCCESSION
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 […]
-
QANTAS STATEMENT ON ACCC PROCEEDINGS
Qantas continues to review the allegations made by the ACCC and will have more to say once we’ve had that opportunity. Understandably, these allegations have caused significant concern among our customers, our people and the general community. We want to address those allegations as best we can without cutting across the legal process we are […]
You searched archives for September 2023