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Qantas overhauls leadership for new era under Vanessa Hudson

BLOOMBERG Qantas Airways Ltd overhauled its leadership, including naming a new chief financial officer and creating a role to oversee risk, as the Australian airline prepares for its post-Covid era under incoming Chief Executive Officer Vanessa Hudson. Current strategy, people and technology head Rob Marcolina will become CFO when Hudson takes the reins from longtime CEO Alan Joyce in November, ...

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Delta expects higher profit over strong travel demand

BLOOMBERG Delta Air Lines Inc modestly boosted its 2023 earnings expectations as it capitalises on a recovery in travel demand even as free cash flow remains below pre-pandemic levels. Adjusted profit for the year will be at the high end of its prior guidance of $5 to $6 a share, Delta said in a regulatory filing ahead of an investor ...

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Lufthansa enters decisive talks with pilot union

BLOOMBERG Deutsche Lufthansa AG entered decisive talks with its pilots union as the German airline races to reach an agreement to avert the threat of a strike during the crucial summer travel season. Negotiating teams at Lufthansa and the VC pilots union met with the aim at ending a dispute over pay and working conditions. Lufthansa made an offer earlier ...

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