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UPDATE ON FY23 EXECUTIVE REMUNERATION
Read moreThe 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 […]
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QANTAS GROUP PROFIT IN 1H24 SUPPORTS CONTINUED INVESTMENT IN CUSTOMERS
Read moreUnderlying Profit Before Tax: $1.25 billion (down 13 per cent) Statutory Profit After Tax: $869 million (down 13 per cent) Statutory earnings per share: 52 cents (down 4 per cent) Net debt: $4.0 billion Additional on-market share buy-back of up to $400 million announced. Fares falling as capacity continues to normalise; restart costs unwinding. Significant […]
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REMARKS FROM CHAIRMAN RICHARD GOYDER – AGM 2023
Read moreGood morning. Our AGM is in a different capital city every year and we’re pleased to be back in Melbourne. We have a full agenda and I know many of you will have questions for the Board, but I want to start by speaking plainly about the recent past, before I hand over to Vanessa […]
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QANTAS UPDATE ON ACCC CLAIMS
Read moreKEY POINTS Qantas fully accepts it let customers down during the post-COVID restart, including with high cancellation rates. While mistakes were made by Qantas, the ACCC’s legal case ignores the realities of the aviation industry – airlines can’t guarantee specific flight times. All customers on cancelled flights were offered an alternative flight or refund; there […]
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UPDATE TO QANTAS GROUP SENIOR EXECUTIVE TEAM
Read moreThe Qantas Group is today announcing two changes to its senior management team, with the appointment of a Chief People Officer and the resignation of its Loyalty CEO. LOYALTY CEO Ms Wirth has been the CEO of Qantas Loyalty, which encompasses the airline’s 15 million member Frequent Flyer program, since 2018. Having overseen significant growth […]