News Articles for Alan Joyce

TWU national secretary Michael Kaine has slammed Qantas' decision to shed 2,500 workers following reports the airline considered cutting the jobs as early as 2010.

Qantas chief Alan Joyce is confident the Morrison government will extend its support for the aviation sector during the coronavirus crisis.

Qantas will cut at least 6,000 jobs across all parts of the business and continue to stand down 15,000 employees as part of its plan to recover from the impact of the COVID pandemic.

Perth Airport has resolved its recent dispute with Qantas over unpaid fees during the COVID-19 pandemic, following weeks of acrimonious brinkmanship with the nation's flag carrier.

Perth Airport has raised the stakes in its ongoing dispute with Qantas, giving the airline until Sunday to either begin negotiating an agreement on its outstanding fees or face expulsion from the airport.

Perth Airport has hit back at Qantas chief executive Alan Joyce after he claimed the airport had refused to relieve the airline of rent and passenger fees during the COVID-19 pandemic.

Qantas has extended the suspension of most of its domestic and trans-Tasman flights until the end of June, and for international flights until the end of July.

Virgin Australia has stood down about 8,000 of its 10,000 workers until at least the end of May and further slashed domestic flight capacity in the wake of the coronavirus border restrictions.

Virgin Australia has cut more flights, reduced executives' fees, and will seek relief from government charges as it joins rivals in attempting to soften the impact of the COVID-19 spread.

Qantas has slashed the capacity of its international flights by almost a quarter for the next six months due to the coronavirus impact. The airline also announced cost saving measures, including cuts in salaries for its top executives.

Representatives from Western Australia's education and tourism sectors have expressed cautious optimism the state's institutions are well placed to ride out the effects of the current novel coronavirus outbreak, as the state government pledges $2.9 million in extra funding to aid in combatting the impact it will have on WA's tourism sector.

Mining executives Bill Beament and Raleigh Finlayson have highlighted the way in which equity incentives can deliver big returns.

Qantas has posted record first-quarter revenue but flagged a profit hit of up to $55 million from protests in Hong Kong and the US-China trade tiff.

OPINION: The recovery of Qantas highlights why government intervention is not necessary and good leadership should be rewarded.

Qantas chief executive Alan Joyce was Australia's highest-paid chief executive last year, according to a survey based on 'realised' pay, which also ranked Saracen Mineral Holdings managing director Raleigh Finlayson in the top 10.

Qantas has announced another share buyback and raised its final dividend despite higher fuel costs and a weaker Aussie dollar pulling down its full-year profit by 17 per cent to $1.302 billion.

Qantas has posted a 2.3 per cent rise in third-quarter revenue and forecast record annual revenue, as more business travellers chose to fly with the airline.

Qantas will launch a fresh $305 million buyback despite first-half profit falling 16.3 per cent to $498 million on a big jump in fuel costs.

Qantas has bought 20 per cent of Alliance Airlines and wants to grab an even larger stake of the regional charter operator.

Qantas shares have dropped to their lowest in more than a month despite Australia's major carrier posting a record underlying profit of $1.6 billion.

Qantas will return a further $378 million of capital to shareholders in the form of a buyback after the carrier lifted first-half profit 18 per cent to $607 million.

Australian businesses have cheered the nation's majority 'yes' decision in support of same-sex marriage and are urging federal parliament to legislate quickly.

Qantas chief executive Alan Joyce's annual pay has soared to nearly $25 million, catapulting him into the ranks of the best-paid bosses in Australian corporate history, after he successfully steered the carrier's turnaround with two consecutive years of profit.

Qantas is changing one of its most popular routes and upgrading the aircraft on another key service as part of a five-year extended partnership with Emirates.

Australia's biggest airline, Qantas, said its net profit fell as the benefits of lower fuel prices were offset by the reduction in net passenger revenue and after a one-off gain in the prior year.

Outgoing BHP Billiton chairman Jacques Nasser has been named a companion of the order of Australia, while Qantas boss Alan Joyce has also been honoured in the Queen's birthday honours.

Qantas has forecast a better-than-expected annual underlying pre-tax profit of between $1.35 billion and $1.4 billion, the second largest in its history, on the back of the strength of its domestic operations.

Qantas today launched ticket sales for its new 17.5-hour, non-stop Perth-to-London service.

Once the clear leader of Australia's aviation industry, Qantas has provided a dramatic demonstration of what happens when management ignores the views of its customers.

Qantas chief executive Alan Joyce has described how the national carrier's $2 billion cost cutting program seeks to strike a balance with its premium airline image and capabilities.

CBH Group chief executive Andrew Crane has been appointed a member of Australia's B20 Leadership Group, a private sector consortium that produces policy recommendations for international finance leaders for the annual G20 Leaders Summit in Brisbane next year.

Tougher economic times and increased scrutiny have put a cap on the growth of executive remuneration.

AS the world enters its fifth year of economic turbulence and even the best-insulated businesses in Western Australia are being affected, the factors that determine business influence in this state

After months of speculation Qantas has confirmed it has taken over regional airline Network Aviation to move into the fly-in-fly-out air charter market in a deal believed to be valued at more than $30 million.

The first flights have left Australia bound for Europe after a five-day airspace shutdown due to the risks posed by a massive ash cloud from a volcanic eruption in Iceland.