03.11.2023 02:30:10 - dpa-AFX: Qantas Chairman Says Shareholders To Vote Against Airline's Remuneration Report

CANBERA (dpa-AFX) - Qantas Airways Chairman Richard Goyder said that there
will be an overwhelming vote against the company's remuneration report, which is
almost a complete reversal of the 90-plus percent support in recent years.

Goyder acknowledged the impact of the Australian Competition and Consumer
Commission or ACCC's allegations and a High Court decision on the ground
handling matter, which landed within two weeks of each other.

The ACCC said in late-August that it launched action in the Federal Court of
Australia alleging Qantas Airways engaged in false, misleading or deceptive
conduct, by advertising tickets for more than 8,000 flights that it had already
cancelled but not removed from sale.

'...there has been a substantial loss of trust in the national carrier....we
have work to do to as we restore trust with customers and investors, and
progress through the resolution of the ACCC allegations and compensation for the
ground handling outsourcing,' Goyder said at the airline's annual general
meeting on Friday.



Copyright(c) 2023 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
QANTAS AIRWAYS 896435 Frankfurt 3,701 21.06.24 09:09:17 -0,007 -0,19% 0,000 0,000 3,701 3,701

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH