*Subject to a dividend being declared by the Board. Joining Qantas in 1994 she has held a variety of senior commercial, customer and finance roles across the Group, both onshore and overseas. Risk refers to the probability of an event and potential consequences, both positive and negative, to UNCG. The frequency with which the Board is informed about issues depends on the significance of the specific risk. Tino La Spina will move to the role of Chief Executive Officer of Qantas International on 1 October 2019, with Vanessa Hudson formally commencing as the Groups new Chief Financial Officer on the same date. Our Board of Directors combines deep experience and diverse perspectives to ensure we're delivering against our strategy and meeting our responsibilities to investors and other stakeholders. due to superior cost and risk management 46 new domestic routes announced including 31 launched in FY21. Prior to this, Mr Evans was CEO Qantas International & Freight where he led the successful turnaround of Qantas international operations and the arrival of Boeing 787-9 Deamliners into the Qantas Fleet. Risk management is an integral part of all organisational process. Com , 2016). "We can't build enough experienced people doing the job more efficiently and safely, so we do jobs more slowly and haphazardly as people just don't know, they're still learning on the job. The Qantas Group's strong governance frameworks are overseen by the Board of Directors and the Group Management Committee. Upgrade your web browser for an enhanced experience. Since 2014 Stephanie has served as a Board Director and Vice Chair for the Association for Data-driven Marketing and Advertising (ADMA). The Qantas RAP has been accredited to Elevate status, meaning we are a leader in corporate Australia. Its about taking actions now to ensure we can succeed and grow for the decades ahead: building value for our shareholders; creating great jobs for our people; providing world-class service for our customers; and making a positive impact on the environment and community. Qantas told us it "grandfathers" older conditions for long-serving employees "from a different era of aviation",enabling Qantas to become more competitive over time. "And then what they do is, they play one group of pilots off another group, and essentially threaten to take the flying a group of pilots is currently doing and give it to another group of pilots.". The Qantas Group is committed to transparency on key performance indicators, including environmental, financial and social. The aviation industry frequently deals with uncertainty, whether it's in the price we pay for fuel, business and consumer confidence and demand levels, weather patterns, geopolitical events and as seen recently, pandemics. Former Air New Zealand executive Cam Wallace has been appointed to lead Qantas' international and freight division. "So, what should have gone in the front, went in the back. To find out more about our environmental strategy and performance, In FY22, we updated this analysis to reference updated climate data, developments in the business, progress in technology and fuel availability as well as regulatory changes. We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work. The two TMCs officially came together on 1 January, 2023, after the larger Gattinoni Group (which also . The Group's executive management team is the Group Management Committee (GMC). This policy establishes the framework for a formal risk management program by designating responsibility for risk identification and analysis, planning for risk mitigation, and outlining program management and oversight. Pilot Keith Marriott retired in 2020 after a career flying planes for Qantas that spanned 36 years. m@oo!X7dKr\L:==U>KzurVUI:'7OSr/*X\o+]Ll(f~["[ g[nf8fe;C{:dw%,[$=.`_ vCU=oVVy6a+DrvkyN~/ p,F m+] Bc9 Reconciliation Action Plan (RAP) Since operationalising our Supply Chain Assurance program weve continued to assess how we interpret and respond to risk. Safety, Health, Environment and Security Committee: Antony Tyler (Chair), Alan Joyce, Belinda Hutchinson and Michael L'Estrange. The Board has established Committees that are responsible for considering detailed issues and making recommendations to the Board. The Qantas Constitution (PDF) is Qantas' key governance document. "I considered it to be one of the greatest privileges that anyone could have. Opens in new window. The airline announced on . They're not the same.". Gattinoni Business Travel expands footprint following acquisition. Opens in a new window Prior to March 2010, Mr Evans roles with Qantas covered many areas including a number of senior financial roles within the Group, commercial and business analytics and the implementation of major business change initiatives; scheduling of the international and domestic network, ticket pricing, revenue management and airline operations on the day; as well as readiness activities for the arrival of the Airbus A380. Tony Lucas has been a pilot for 30 years, 27 of those with Qantas, and he has risen through the ranks to become a check and training captain. Jetstar Asia Airways, based in Singapore and managed by Newstar Holdings, majority-owned by Singapore company Westbrook Investments (51 per cent . Sustainability Portal SHOW MORE The Qantas Group is committed to implementing policies and procedures that meet our moral and ethical obligation to end Modern Slavery. The Group acknowledges the complexity of immigration issues and respects that there are various views in the community and amongst shareholders about Australias immigration policy. Qantas told ABC's Four Corner that it "shows a safety management system that is working and designed to capture human error through multiple fail-safes". New airlines entry in the industry and competition in the domestic market, Other Tools and Techniques Tool Identification Techniques. As part of our wide-ranging contract with the Australian Government, the Group maintains an open dialogue on a number of issues that directly impact our business, including in relation to human rights. However, a Qantas spokesperson told Simple . Qantas Airways Limited ABN 16 009 661 901. He has an Executive MBA from Auckland University. The UQ Policy Handbook is to assist UQ staff developing policies and procedures. Therefore, there is a risk for the reduction of the Qantas Airline domestic market. Vanessa has a Bachelor of Business and was admitted as a Member of the Institute of Chartered Accountants in 1994. The Qantas Group announced its Chairman succession on 28 June 2018. The Group reported a $1.43 billion Underlying Profit Before Tax and Statutory Profit After Tax was $1.0 billion. :`lw All of this gives us confidence as we invest for growth and future success. "It takes a long time to become a pilot. With the Groups international flying operations still well below pre-pandemic levels, the repatriation of deportees at the request of the Australian Government has been limited to a low number of Involuntary Deportees. During FY22 this included: The Business Integrity & Compliance team support the business on meeting the requirements of human rights related legislation, practices and standards, including through assessment of suppliers in our supply chain assurance program. Opens in new window. Qantas takes the challenge of human-induced climate change very seriously, as recognised in the release of our GroupClimate Action Plan (PDF)in 2022. The Handbook is one of a number of tools and resources available to staff at UQ designed to encourage the development of policies and procedures that are clear, effective and appropriate. . Join Qantas Frequent Flyerorsubscribe to Red Email today. _^)%Ngx:(uC$[[$[[$[[$[[$[[$[[d"Ssmf_:'c[tlWzgpf J endstream endobj 37 0 obj <> endobj 38 0 obj <> endobj 39 0 obj <> endobj 40 0 obj <>stream I am the airline's first responder. We believe in showcasing Australian success on the world stage and, in turn, inspiring the next generation of Australians to aspire to great things. Alan Joyce says it's "not good enough" thatQantas customers have been been dealing with flight delays, cancellations and lost baggage over the past few months. Our Group Financial Framework - introduced in 2015 - aligns our strategy and key performance metrics with long-term shareholder goals, enabling consistent, year-on-year comparisons. To avoid accidents, it is necessary to put many slices together to layer the defences so there is no possibility that the holes can line up and an accident happen. Under the Qantas Group COVID-19 Vaccination Policyall Australia-based new employees of a Qantas Group entity must be fully vaccinated with an Approved COVID-19 Vaccine and provide Evidence. View the highlights from the latest and previous Full Year Results announcements. 1 . As part of this, we commissioned an independent survey of several thousand employees in 2019 to better understand their experience of any harassment in the workplace. In addition to the human rights due diligence and risk assessment of new and recontracting suppliers, we commenced work to assess our existing unassessed supplier base. Olivia Wirth was appointed as Chief Executive Officer of Qantas Loyalty in February 2018. Opens in new window. Qantas has mapped its supplier industries and locations to help us assess the relative risk in our supply chain. TMC network Uniglobe Travel has strengthened its presence in Europe by adding new members in the UK and Turkey. Learn more aboutInclusion and Diversity. The Qantas Group entered the crisis in better shape than most airlines. As governments are key decision makers of issues that directly impact our business, we invest in building effective and collaborative relationships in order to achieve optimal business outcomes for the Group. We support that growth through tourism marketing partnerships with the Australian and state governments, and our own extensive marketing and media strategy. Opens in new window. You basically fully commit your life to the job, but your skills are not portable. Qantas risk management practices capture threats and opportunities that have been assessed using the QRAG, with risks reported to Executive Management based on their significance (risk rating and/or consequence levels). Our commitment to strengthening business resilience and fostering a risk aware culture creates the foundation for sustainable performance and adaptability to respond to shifting market conditions. Photo: Qantas News Room. Management Committee and the Board of Directors, for the purpose of assessing the performance of the Qantas Group. If there is a fire, I'm required to run towards it. We report our progress against the framework goals through half-year and full-year results announcements, quarterly trading updates, our Annual Review and Report, our Annual General Meeting, regular Investor Days, and other ad hoc investor presentations. Risk management is systematic, structured and timely. The Group aims to ensure a safe and fair working environment for our people and we also recognise the rights of our employees to freedom of association with unions and collective bargaining. We can't name the many employees we spoke to because they could be sacked for raising their concerns. Naren Kumar was appointed Acting CEO of Qantas International in April 2019. The Annual Report contains key financial information about Qantas, as well as important operating and corporate information. The group consists of: Jetstar Airways in Australia and New Zealand, wholly owned by the Qantas Group. John Gissing was appointed as Group Executive, Associated Airlines and Services in March 2015. This will have negative impacts on the company profits and may also be an opportunity for the competitors to thrive. CHESS also has oversight of risks associated with regulatory compliance. Risk management is a part of decision making. You'll have: A minimum of 5 years of experience within the Aviation industry.