Qantas says its foreign ownership level dropped five percentage points in late October, just before the airline’s annual general meeting. Foreign interests currently hold 42.8 per cent of Qantas stock, the airline said in a statement on Thursday. The figure was down from 47.8 per cent on September 17. This content is available exclusively to
Australian landmarks bearing the name of German explorer Ludwig Leichhardt will now include one at 40,000 feet, after Qantas christened a Boeing 737-800 aircraft in his honour. Tributes to the the legendary explorer, whose first expedition, from Moreton Bay to Port Essington, took place 170 years ago this year, already appear on some of the
Qantas has given its support to the Australian Paralympic Committee’s efforts to promote workplace safety. The airline is the first member of the APC’s Workplace Safety Alliance, an initiative that hopes to bring together businesses from the transport, mining, construction and manufacturing sector to raise awareness about the importance of safety at work. This content
Qantas has reported improving passenger numbers and yields for the three months to September amid ongoing weak consumer sentiment. The latest monthly operating statistics released on Friday showed Qantas domestic (including QantasLink) reported a 1.6 per cent lift in passengers for September, compared with the same month a year ago. This content is available exclusively
Independent Senator Nick Xenophon headlined a list of frustrated shareholders looking for answers at Qantas’s annual general meeting in Melbourne on Friday. The Senator took the step of purchasing $500 worth of Qantas shares to attend Friday’s annual general meeting and quiz the board on “questions that mum and dad shareholders have asked me to
Qantas chief executive Alan Joyce says the airline group is on track to post an underlying profit before tax for the first half of 2014/15. The updated guidance, delivered to shareholders at the company’s annual general meeting in Melbourne on Friday, was unchanged from the outlook the airline presented at its 2013/14 full year results