Connect with us

Hi, what are you looking for?

DOGE0.070.84%SOL19.370.72%USDC1.000.01%BNB287.900.44%AVAX15.990.06%XLM0.080.37%
USDT1.000%XRP0.392.6%BCH121.000.75%DOT5.710.16%ADA0.320.37%LTC85.290.38%
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Economy

Economy

Pilots at Australia’s Qantas demand chair quit over scandals

Qantas aircraft are seen on the tarmac at Melbourne International Airport in Melbourne, Australia, Nov. 6, 2018. REUTERS/Phil Noble
Qantas aircraft are seen on the tarmac at Melbourne International Airport in Melbourne, Australia, N... Qantas aircraft are seen on the tarmac at Melbourne International Airport in Melbourne, Australia, Nov. 6, 2018. REUTERS/Phil Noble
Qantas aircraft are seen on the tarmac at Melbourne International Airport in Melbourne, Australia, Nov. 6, 2018. REUTERS/Phil Noble
Qantas aircraft are seen on the tarmac at Melbourne International Airport in Melbourne, Australia, N... Qantas aircraft are seen on the tarmac at Melbourne International Airport in Melbourne, Australia, Nov. 6, 2018. REUTERS/Phil Noble

Listen to the article now

Pilots at Australia’s Qantas demand chair quit over scandals. Qantas Airways (QAN.AX) pilots’ union demanded the chairman’s resignation after a series of incidents that drew condemnation from travelers, regulators, legislators, and staff.

On Tuesday, the Australian and International Pilots Association (AIPA), which represents majority of Qantas’ 3,000 pilots, wrote to new CEO Vanessa Hudson seeking Chairman Richard Goyder’s resignation, stating morale “has never been lower”.

“We have totally lost confidence in Goyder and his board,” stated AIPA President Captain Tony Lucas.

With Richard Goyder as chairman, how can Qantas reinvent its culture? Qantas referred Reuters to Goyder’s refusal to resign.

The airline’s 2018 chairman, Goyder, will not seek reelection at its November annual meeting.

Almost every stakeholder group has criticized the airline that sells three in five Australian domestic flights for adding pilots following a series of crises that forced its former CEO Alan Joyce to leave early.

Qantas has been accused of pressuring the federal government to block Qatar Airways from selling additional flights to Australia, sued for selling tickets on hundreds of cancelled flights, and found guilty of illegally firing 1,700 ground personnel in recent weeks.

That drew condemnation from lawmakers, unions, investors, and consumer organizations and overshadowed the flying kangaroo’s record yearly earnings last month.

“Qantas has a lot of work to do to repair the damage that has been done to its reputation, both in terms of workers and customers,” Australian Prime Minister Albanese told reporters regarding the pilot call for Goyder to quit. The AIPA did not specify a successor or what it would do if Goyder remained chairman.

On Monday, Qantas warned that rising oil prices were raising fuel expenses, causing analysts to lower earnings projections. On Tuesday morning, Qantas shares fell 1.3% to their lowest level in a year, while the wider market fell 0.5%. (.AXJO).


Comment Template

You May Also Like

Economy

According to the Australian Federation of Pilots (AFAP), pilots at Qantas Airways‘ (QAN.AX) charter business, Network Aviation, will retreat from their scheduled strike this...

Business

On Tuesday, Qantas Airways (QAN.AX) said that the firm and China Eastern Airlines (600115. SS) had withdrawn their application to the Australian competition authorities...

Economy

On Thursday, the Australian Shareholders’ Association said it would vote against Vanessa Hudson’s appointment as a director of the business and as chief executive...

Business

Qantas chairman refuses to quit amid investor pressure – ABC News. According to an interview with a radio show, the chairman of Australia’s Qantas...

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok