New Zealand travellers flying on Australian airline Qantas could be grounded by a strike by Qantas engineers from January 9.
Qantas’ planes require clearance by an engineer before they can take off, but with about 1700 engineers engaging in four-hour rolling stoppages they will be grounded, the Dominion Post newspaper reports.
The workers are demanding a 5 [...]
QANTAS shareholders are expected to revolt over former chief executive Geoff Dixon’s $10.7 million final payout at today’s annual general meeting in Perth.
Despite an 88 per cent plunge in profit to $117 million last financial year, Mr Dixon remained one of the world’s highest-paid airline executives.
His $10.7 million final payment included a base pay of [...]
Between 2001 and his retirement in 2009, Geoff Dixon was, in cash terms, the highest paid airline executive in the world. In 2008, shortly before his retirement, Dixon was paid $12.1 million. This included a “retention payment” of $4.5 million. Clearly, the retention payment did not have the desired effect with Dixon’s services retained for [...]
