News Articles for Alan Joyce

Mark Beyer and Jack McGinn discuss corporate governance at Fortescue and Qantas; Woodside's ammonia buy; all the news out of Diggers & Dealers; Iplex's class action; and a big week for global markets.

A combination of headwinds and tensions in the Middle East have led Qantas to temporarily scrap its direct Perth-to-London flight in favour of a service stopping in Singapore.

Qantas plans to claw back big incentive payments to former chief executive Alan Joyce after a governance review concluded there had been “too much deference to a long-tenured CEO”.

Our weekly appointments wrap includes Martina Crowley, Michelle Tremain, Shelley Cable, Darshi Ganeson, Julie Keene, Kim Williams and Alan Joyce.

Qantas chairman Richard Goyder says customers have lost trust in the airline and flagged action on executive salaries, which could cost Alan Joyce millions.

Qantas chief executive Alan Joyce will leave his job immediately - two months earlier than expected - to allow the airline to "accelerate its renewal".

Australia's Qantas Airways has posted a record $2.47 billion underlying profit beating the previous 2018 record by almost $A1 billion.

Qantas Group is forecasting its biggest-ever profit of between $2,425 million and $2,475 million on the back of continued strong travel demand.

Vanessa Hudson has the right stuff in spades to captain Qantas through the next phase of its extraordinary flight path that has already spanned 103 years.

ANALYSIS: Richard Goyder is renowned as one of Australia's top company chairs but he seems to have surprisingly modest expectations for his chief executives, especially Gillon McLachlan.

Deputy Premier Roger Cook has expressed frustration at the delay in getting Qantas to move to the eastern side of the airport, warning that it is holding WA back.

Qantas has provided a glimpse at its new premium long-haul offering, while a Monaco-based cruise liner provides luxury indulgence.

Qantas has reported a first-half underlying pre-tax profit of $1.43 billion - turning around last year's loss - as strong demand helped offset high fuel costs.

Qantas will spend $100 million to upgrade its lounges at airports worldwide, including doubling the seats of one of its regional Western Australian facilities.

CEO Alan Joyce has told shareholders at its annual general meeting the airline is returning to its pre-COVID levels of service.

Transport Minister Rita Saffioti has taken a swipe at Qantas while promoting the $1.9 billion Forrestfield-Airport Link, claiming ongoing flight disruptions could harm the state's tourism push.

Qantas has reported an annual underlying pre-tax loss of $1.86 billion as travel restrictions due to the pandemic disrupted air travel.

Wesfarmers boss Rob Scott and FMG founder Andrew Forrest are likely to be the only Perth-based business leaders at next week's jobs summit in Canberra, with Meg O'Neill a conspicuous absentee.

Qantas is rolling out a $50 flight discount as an apology for the poor service and lost baggage in a turbulent post-pandemic return to the skies.

Qantas' $614 million takeover of resources sector charter flights provider Alliance Airlines could be heading into turbulence.

Qantas will launch direct flights from Perth to Johannesburg and Jakarta as Western Australia continues its reopening after years of border closures.

Alliance Aviation Services and Qantas have agreed for the latter to fully take over the leading contract and charter flights operator.

Qantas will resume its Perth-London direct flight earlier than planned as the national carrier also announces new non-stop routes to tourism destinations from Australia.

Qantas' first half loss has climbed as travel demand slumped amid COVID-19 Delta lockdowns and the subsequent spread of the Omicron variant.

Qantas Airways says it is seeing a surge in travel demand and confidence as local and international borders reopen.

Qantas will use a $802 million land sale to reduce debt and may yet move its headquarters to the same divested property.

Qantas is close to choosing which plane and engine suppliers will provide its next domestic fleet.

Qantas Airways boss Alan Joyce had a pay rise to almost $2 million in the past financial year, while thousands of staff were cut due to the effect of COVID-19.

Qantas is hoping to resume international flights to COVID-safe destinations by December, with other routes to restart in April 2022.

Qantas is temporarily standing down about 2,500 employees despite the federal government yesterday announcing extra support for airlines.

Qantas Airways is set to make coronavirus vaccinations mandatory for all international travellers when Australia's borders reopen.

Westpac chief executive Peter King wants the corporate sector to be allowed to step in and help Australia's flagging vaccine rollout.

Australia's major airlines have taken precarious steps towards ramping up operations, with Virgin targeting a return to 80 per cent of its pre-pandemic domestic capacity by June.

Qantas has brought forward international ticket sales for destinations including the US and UK despite growing coronavirus rates overseas.

Qantas boss Alan Joyce expects international travel to pick up mid-next year after a coronavirus vaccine has been distributed to a significant number of people.

Qantas boss Alan Joyce is demanding action on climate change, industrial relations and red tape as Australia recovers from the coronavirus recession.

Qantas has suffered a $100 million hit to its first quarter earnings after several states closed their borders in July in response to Victoria's coronavirus outbreak.

Prime Minister Scott Morrison insists thousands more stranded Australians will re-enter the country each week, pressuring the states to boost capacities in hotel quarantine.

Australia's top competition body will closely scrutinise the domestic flight market as restrictions have led the nation's major airlines to consider strategic overhauls.

Qantas is considering moving and downsizing its offices and aviation facilities within Australia as part of continued efforts to cut costs amid the pandemic.