Qantas has committed to rejig its board and impose a three-year tenure limit for directors as it seeks to restore trust with the public.
Richard Goyder and new Qantas chief Vanessa Hudson faced a withering hearing into the aviation sector which featured top executives of three major airlines.
Senate inquisitors would love to have claimed a scalp. And Richard Goyder was who they were gunning for.
The Qantas share price plummeted on Tuesday after a major broker issued the first downgrade in 12 months.
It is a gymnastic feat to straddle Hudson’s plans to inject some anaesthetic to Qantas’ customer “pain points” while making good on promises to retain profitability.
The business said any increase to fares would balance the “recovery of higher costs” with the importance of affordable travel.
Qantas has committed to reviewing customer policies to make sure they’re fair and added more frequent-flyer seats in an apology to customers after a gruelling month.
The board could have been tougher on the former Qantas’ boss’s pay,but it took what could be a risky decision to wait and see how this crisis plays out.
Qantas has finally unveiled how much its senior leadership were paid in 2023.
A judge has ordered the new CEO be directly involved in compensation talks after Qantas lost its High Court appeal over the outsourcing of ground crew jobs.
A senior Qantas executive has resigned,following a torrid three weeks for the airline business while it awaits a key legal ruling following its High Court appeal.