2024 Qantas AGM

[RooFlyer]

* guy asks about rebuilding trust and paying low wages
Chair: rebuilding profit of the corporation needs to be balanced with employee needs. Fighting overseas

* Question re Aston and book from Stephen Mayne. Was Qantas to combative in banking the AFR; has coy reviewed the book. Etc

Chair: yes a bit too combative, not asked to review book. Chair knows"Joe"

 

[AIRwin]

VH just announced that Classic + reward seats available on domestic flights later this year.

It was also in the media release earlier this morning:

https://www.qantasnewsroom.com.au/media-releases/frequent-flyers-to-soon-have-access-to-more-than-20-million-reward-seats/

 

[RooFlyer]

Q from Mayne on perks given to Board children <26 ( eg 3 X first class tickets to London each year ) - more.

Chair: Qantas pays FBT, compares practice to other companies.

Q from previous guy. Now slobbers over presentation of the annual report. FFS. No question at all.

 

[levelnine]

* guy praises and slobbers over the Chair and CEO. Really? No real question.
Chair: thank you for those kind words.

Oh, so you weren't the only poster from AFF there .

 

[RooFlyer]

Q re QRs VA acquisition impact on Qantas?
A from VH: No partic impact calculated. Happy to compete. Touts new aircraft, services

Q Noting that Qantss policy requires termination of anyone involved in illegal activities (like the outsourcing issue). Had this been done to those involved?

Chair: avoided the q really. Things changed, new board members etc (Andrew Finch is sitting next to him!)

 

[RooFlyer]

Q about combination off Finnair services continuing - not impressed.
A: VH we need this to service Haneda but going too dry lease soon.

Post automatically merged: Yesterday at 12:15 PM

Have to leave . entertaining but the guy who was asking that Dorothy Dixers was an absolute banker.

 

[CaptJCool]

* guy praises and slobbers over the Chair and CEO. Really? No real question.
Chair: thank you for those kind words.

There’s an old but new call sign in town VH…

Qantas has promised to give employees $1,000 as it seeks to repair relations with staff.

The Qantas chief executive, Vanessa Hudson, said at the annual general meeting today that the payment would be made to non-executive employees “to say thank you”.

 

[justinbrett]

Have to leave .

Why? Security find your cream pies?

 

[CaptJCool]

Can still follow along at home here

Live: Qantas shares touch record high as AGM faces protests, ASX rallies led by WiseTech

Qantas shares touch a record high as its annual meeting kicks off under the cloud of an engineer's strike. WiseTech shares lead the ASX higher after the company's founder stands down as CEO. Follow the day's events on the ABC News live markets blog.

www.abc.net.au

 

[RooFlyer]

The Qantas shareholders AGM is happening today. Qantas chair John Mullen has said the they won't be opposing Qatar taking a stake in VA.

Live: Qantas shares touch record high as AGM faces protests, ASX rallies led by WiseTech

Qantas shares touch a record high as its annual meeting kicks off under the cloud of an engineer's strike. WiseTech shares lead the ASX higher after the company's founder stands down as CEO. Follow the day's events on the ABC News live markets blog.

www.abc.net.au

Note: moved from a different thread

That was an initial upfront comment by the Chair sort of frequently asked questions at the start.

A more direct question was asked off the floor later and the CEO addressed in terms of that they hadn’t done any particular modelling on the impact on Qantas' performance of the QR/VA thing but noted that the industry is very competitive always. She did single out the wet lease for comment though.

question from shareholder Steven Mayne did reveal something rather interesting. All the children less than 26 years of age of board members get three complementary first class flights to London and back every year and also a bunch of Australian business class travel. Chair was asked whether that was appropriate in the current financial situation where he just said that they are desperately trying to repair the balance sheet in cash flow so they can pay dividends.

The Chair Fudged an answer saying it was more or less in line with competitor allowances and yes the company paid the FBT for these. It isa rather extraordinary perk.

 

[RooFlyer]

Why? Security find your cream pies?

No, if they did that, I wouldn’t have been let in. Mental pies were expended, though.

It would have been cruel to do the pie job on any of the board sitting up there; except for the chair and the CEO, ( and, to be fair, Doug Parkins) they all looked nervous - deer in the headlights type of thing. What was probably the most disappointing part of the meeting that I was in for, was how the Chair again intercepted questions directed through him to other board members other than the CEO (ie Sampson). Makes the particular board member look weak.

 

[VHOEJ]

VH's claim that economy meals have improved....seriously? Particularly internationally, I haven't seen any change or improvement in the last 12 months. For posters on this forum who travel down the back, has anyone really seen any improvement?

 

[moa999]

From the economy meal thread, the changes have been mostly for the worse, lots of dough heavy product.

 

[CaptJCool]

From the economy meal thread, the changes have been mostly for the worse, lots of dough heavy product.

Dough a deer in the headlights …

What I received on the way home from AFF Brissy on Monday was just awful

 

[cove]

Well @CaptJCool did you get their lawn clippings salad?

 

[VHOEJ]

I flew home from LAX earlier in the week in Y....saw all three meal options for the dinner and they all didn't look very good.