SYDNEY: The Qantas Group announced Wednesday it will close its Singapore-based subsidiary, Jetstar Asia, as part of a strategic restructuring to focus on its core markets in Australia and New Zealand. The move will free up $500 million in capital to support the group’s fleet renewal program. Jetstar Asia, which has operated for over 20…
Tag: Qantas Group
Qantas Group settles with ACCC: $20 million remediation announced
Sydney: Qantas Group has reached a settlement with the Australian Competition and Consumer Commission (ACCC) over the airline’s flight cancellation procedures. The agreement, pending Federal Court approval, includes a $20 million remediation program for passengers affected by the airline’s cancellations, with individual payments ranging from $225 to $450. Additionally, Qantas has agreed to a $100…
Qantas Group appoints Andrew Glance as CEO for its Loyalty business unit
SYDNEY: The Qantas Group has appointed Andrew Glance as the new CEO for its Loyalty business unit. Andrew Glance is currently the Executive Manager of Commercial Partnerships and Qantas Business Rewards, having worked in a number of senior roles in Qantas Loyalty since 2016. Prior to that he held senior finance positions across the organisation,…