Qantas chair Margaret Jackson to retire
Qantas chairman Margaret Jackson will retire at the company's annual general meeting, the airline announced.
Ms Jackson and other Qantas directors have been under pressure to quit since an $11.1 billion takeover bid for the airline by Airline Partners Australia failed earlier this month.
The Qantas board had supported the takeover bid.
Geoff, as I understand it, was an ardent supporter of updating the fleet as well as expansion. From what I have read, the board were putting the brakes on getting new aircraft.Altair said:I hope James Strong does not get the Chairmanship.
There were articles in The Australian, which I cannot find, that indicates that he is against the large acquistion plans for Qantas as the capex would stress the financials. This means QF may not expand, especially if they do not take the 787 options let alone the purchase rights, and that some of the old battlers will stay in the fleet for a longer time.
I do not know what the relationship is between Dixon and Strong but Geoff has been a proponent for expansion, admittedly via JQ.
Kiwi Flyer said:No surprise. Who's next?
Qantas director and Publishing and Broadcasting Ltd (PBL) executive chairman James Packer will resign from the board.
Mr Packer, who joined the board March 2004, will resign effective from the airline's annual general meeting later this year.
Mr Packer's resignation follows chairman Margaret Jackson's decision yesterday to retire from the board.