-
Worcestershire road closures announced for Remembrance Sunday events
-
Democrats near House takeover as voters judge Trump presidency
-
UBC professor describes police call after Galloway remark as act of care
-
Lethbridge submits interest in provincial ground ambulance contract
-
False voting claims spread rapidly during US Election Day
-
The Cat in the Hat expands its stakes to cosmic scale in animated reboot
-
Lettermen co-founder Tony Butala dies at 87
-
Byron Donalds wins Florida governor race and underscores Republican strength
-
James Talarico defeats Ken Paxton in historic Texas Senate result
-
Physicist Claims Alberta Data Center Releases Energy of 23 Atomic Bombs Daily
-
Commentator predicts possible US strike on Iran as regional tensions rise
-
Goa plans relationship-readiness course amid concern over divorces
-
Jordan Bardella's Wealth and Financial Transparency Under Scrutiny
-
Manchester United climbs standings after 3-2 Champions League win over Roma
-
India introduces four-layer motor insurance choice from December 15
-
Mutual fund returns show shifting leaders across market-cap categories
-
Caledonia Mining Corporation Plc: Caledonia Group Signs US$150 Million Interim Financing Facilities Agreement to Support Construction of the Bilboes Gold Project
-
InterContinental Hotels Group PLC Announces Transaction in Own Shares - November 05
-
How to Make the Most of a Boat Rental Vacation
-
Best Rated Gold IRA Companies 2026 for US Consumers Rankings Released by Experts
-
BHEL wins Adani Power projects valued at up to ₹28,000 crore
-
IndiGo holds talks with Embraer over potential order for 100 aircraft
-
India seeks threefold increase in coal stocks to prevent summer power shortages
-
Indian companies report mixed second-quarter results on November 4
-
Indus Towers expands solar-powered network to 50,000 telecom sites
-
KKR secures Indian regulator approval for Gentari Renewables investment
-
Merz Pledges Winter Aid to Ukraine and Announces 'Coalition of the Willing' Summit
-
Equitas Small Finance Bank rebounds after naming interim chief executive
-
Bharti Airtel revenue expected to grow at double-digit pace in second quarter
-
Titan quarterly profit seen rising as jewellery business drives growth
-
Italy Claims Curling Silver at European Championships in Ostrava
-
Indian crude-sensitive shares gain after 13% oil-price decline
-
Kuwait finance minister holds economic cooperation talks at COMCEC
-
Stocks and dollar fall as Democratic election gains reshape markets
-
Abdul El-Sayed declares victory in Michigan Senate contest
-
Kuwait marks key events and anniversaries from national history
-
Democrats Seize Congress in Midterm Sweep, Ending Trump Era Control
-
Democrats capture US Congress in sweeping midterm victory
-
Trump congratulates Democrats and signals willingness to cooperate
-
Manchester United rallies past Roma as PSG dominates in Champions League
-
Enel to Install Solar Panels at Niterói Waste Management Facility
-
Qatar prime minister advances mediation through diplomatic calls
-
Qatar sees tentative opening for renewed regional diplomacy
-
Greenland parliament approves security agreement with United States
-
Qatar Tourism joins Pacific Asia Travel Association at London travel market
-
Qatar envoy meets incoming UN General Assembly president
-
Abdul El-Sayed Wins Michigan Senate Seat in Historic Election
-
Trump Signals Willingness to Work With Democrats After Midterm Defeat
-
Qatar media bodies discuss support for humanitarian initiatives
Qantas names Vanessa Hudson as first woman chief executive
Australian airline Qantas named company veteran Vanessa Hudson as its first woman chief executive on Tuesday, replacing the cost-cutting Irish-Australian Alan Joyce.
Qantas, which returned to profit late last year after taking large losses during the Covid-19 pandemic, said Hudson would become chief executive and managing director when Joyce retires in November after 15 years in the top job.
Hudson, who has been in Qantas' executive ranks for nearly three decades, will remain in her role as chief financial officer until then, the airline group said.
"I have worked for Qantas for 28 years and that excitement of the first day that I felt walking into Qantas, I feel still today," Hudson told a news conference.
"We are in an incredibly strong position. We have got many things in the pipeline. That is not to say the past three years have not been challenging -- they have," she added.
"There will be many challenges, I am sure, ahead," she said, stressing that taking care of customers was "absolutely at the centre of everything".
Hudson said she was "incredibly proud" as a woman to reflect both on her own promotion at Qantas and on "some of the other amazing females that are running very big organisations across Australia and across the globe".
- 'Qantas downfall' -
Joyce, who had already been expected to leave Qantas at some point this year, praised his successor as an "outstanding executive".
"There are not many female CEOs of the worldwide aviation industry," he told the news conference.
"And it's a credit to this country that a gay Irish man was appointed 15 years ago to be CEO of the company. And now we have the first female."
Joyce said he had extended his time as chief executive at the board's request to deal with the pandemic. "If it had not been for Covid I would have retired a few years ago."
Qantas posted a profit of Aus$1.43 billion (US$974 million) before tax in the second half of 2022, after accumulating Aus$7 billion in losses across the previous three years, weighed down by the pandemic.
Under Joyce, however, Qantas was heavily criticised by union leaders for sacking or standing down thousands of staff to keep a lid on costs at the height of the outbreak.
"After 15 years of Qantas downfall under Alan Joyce's management, a new CEO has the opportunity to serve the hard-working people who built the spirit of Australia," the Transport Workers' Union said in a statement.
"Current and illegally sacked workers deserve courageous management to take Qantas in a new direction."
The airline has also angered customers post-lockdowns with sky-high fares.
- 'Constructive relationship' -
Qantas says the restructuring, which saved the airline almost Aus$1 billion, was crucial to the company's financial post-lockdown rebound.
Hudson said she looked forward to meeting with the unions and "developing a constructive relationship".
Qantas had been upfront in recognising the "customer experience was not where we wanted it" during the pandemic, she added.
But the airline had invested heavily in improving its performance "and it is back where we were pre-Covid," she said.
Qantas chairman Richard Goyder said the airline was "extremely well positioned", with a clear strategy, strong balance sheet and record profitability.
Qantas shares were trading 2.4 percent lower in mid-afternoon trade.
O.Gutierrez--AT