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QANTAS BOARD ANNOUNCES RENEWAL PLANS
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 […]
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QANTAS AND JETSTAR MEGA SALE, ONE BILLION POINTS FOR FREQUENT FLYERS
More than one million sale fares starting from $29 one-way. One of the biggest thank you Qantas Points or Status Credits giveaways on record for Frequent Flyers. Jetstar on track to deliver 10 million fares under $100 this calendar year. Everyday fares continue to fall as more capacity added. The Qantas Group has today launched […]
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QANTAS GROUP ANNOUNCES SENIOR MANAGEMENT CHANGES
The Qantas Group has announced a number of changes to its Group Management Committee as part of its CEO transition and continued focus on renewal. The changes include senior appointments to roles made vacant by retirements and promotions, as well as structural changes to increase the focus on areas of major investment, including human resources […]
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QANTAS GROUP MARKET UPDATE: STRONG PERFORMANCE SUPPORTS FLEET INVESTMENT, SHAREHOLDER RETURNS
Estimated Underlying Profit Before Tax of between $2,425 million – $2,475 million for FY23. Net debt of $2,700 million – $2,900 million expected at 30 June 2023. Fuel prices, costs associated with operational buffer and fares all moderating. On-market buy-back increased by up to $100 million. On-track to share benefits of recovery with employees. Continued […]
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QANTAS GEARS UP FOR MORE TRAINING AS NEW SYDNEY FLIGHT TRAINING CENTRE BREAKS GROUND
Construction has started on a new flight training centre in Sydney, which will train up to 4,500 Qantas and Jetstar pilots and cabin crew each year from early 2024. The multi-million-dollar facility will be home to up to eight full motion simulators including for the Airbus A350, the aircraft that will operate non-stop flights from […]