Tuesday, 15 September, 2020 - 17:00
Qantas may move head offices to cut costs
Qantas is considering moving and downsizing its offices and aviation facilities within Australia as part of continued efforts to cut costs amid the pandemic.
Alan Joyce AC was the chief executive and managing director of Qantas Airways from November 2008 to September 2023. He was also a director of several controlled entities of the Qantas Group, director of the Business Council of Australia, and a member of the International Air Transport Association's Board of Governors where he was chair from 2012 to 2013.
Prior to Qantas, Mr Joyce was chief executive of Jetstar from 2003 to 2008. He had also spent over 15 years in leadership positions at Qantas, Ansett and Aer Lingus. At both Qantas and Ansett, he led the network planning, schedules planning and network strategy functions. Mr Joyce also spent eight years at Aer Lingus where he held roles in sales, marketing, IT, network planning, operations research, revenue management and fleet planning.
In 2017, he was awarded a Companion of the Order of Australia for eminent service to the aviation transport industry, to the development of the national and international tourism sectors, to gender equity, inclusion and diversity, and to the community, particularly as a supporter of Indigenous education.
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225th | hipages Group Holdings">hipages Group Holdings | 65.94% | 0% |
226th | Compumedics">Compumedics | 65.66% | -19.44% |
227th | Qantas Airways">Qantas Airways | 65.47% | 4.59% |
228th | Chorus">Chorus | 65.27% | 28.79% |
229th | QBT Business Travel">QBT Business Travel | 65.26% | -0.82% |
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Qantas is considering moving and downsizing its offices and aviation facilities within Australia as part of continued efforts to cut costs amid the pandemic.
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.
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.
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.
Qantas boss Alan Joyce is demanding action on climate change, industrial relations and red tape as Australia recovers from the coronavirus recession.
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 has brought forward international ticket sales for destinations including the US and UK despite growing coronavirus rates overseas.
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.
Westpac chief executive Peter King wants the corporate sector to be allowed to step in and help Australia's flagging vaccine rollout.
Qantas Airways is set to make coronavirus vaccinations mandatory for all international travellers when Australia's borders reopen.
Qantas is temporarily standing down about 2,500 employees despite the federal government yesterday announcing extra support for airlines.
Qantas is hoping to resume international flights to COVID-safe destinations by December, with other routes to restart in April 2022.
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 close to choosing which plane and engine suppliers will provide its next domestic fleet.
Qantas will use a $802 million land sale to reduce debt and may yet move its headquarters to the same divested property.
Qantas Airways says it is seeing a surge in travel demand and confidence as local and international borders reopen.
Qantas' first half loss has climbed as travel demand slumped amid COVID-19 Delta lockdowns and the subsequent spread of the Omicron variant.
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.
Alliance Aviation Services and Qantas have agreed for the latter to fully take over the leading contract and charter flights operator.
Qantas will launch direct flights from Perth to Johannesburg and Jakarta as Western Australia continues its reopening after years of border closures.
Qantas' $614 million takeover of resources sector charter flights provider Alliance Airlines could be heading into turbulence.
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.
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 has reported an annual underlying pre-tax loss of $1.86 billion as travel restrictions due to the pandemic disrupted air travel.
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.
CEO Alan Joyce has told shareholders at its annual general meeting the airline is returning to its pre-COVID levels of service.
Qantas will spend $100 million to upgrade its lounges at airports worldwide, including doubling the seats of one of its regional Western Australian facilities.
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 has provided a glimpse at its new premium long-haul offering, while a Monaco-based cruise liner provides luxury indulgence.
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.
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.
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.
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.
Australia’s Qantas Airways has posted a record $2.47 billion underlying profit beating the previous 2018 record by almost $A1 billion.
Qantas chief executive Alan Joyce will leave his job immediately - two months earlier than expected - to allow the airline to "accelerate its renewal".
Qantas chairman Richard Goyder says customers have lost trust in the airline and flagged action on executive salaries, which could cost Alan Joyce millions.
Our weekly appointments wrap includes Martina Crowley, Michelle Tremain, Shelley Cable, Darshi Ganeson, Julie Keene, Kim Williams and Alan Joyce.
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”.
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.
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.
Position | Company | Year | Company's current rank |
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Group Chief Executive
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2008 - 2023 |
Company | Date | Transaction type | Number of shares | Price per share | Transaction value | Nature of change |
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2023-08-25 | Other | 1,040,500 | $0.00 | Other | ||
2023-08-25 | Other | 1,738,500 | $0.00 | Other | ||
2023-08-25 | Bought | 1,738,500 | $0.00 | Other | ||
2023-06-01 | Sold | 2,500,000 | $6.75 | $16,869,750 | On-market trade |