Qantas restructure splits domestic, international operations
Published: May 23, 2012
Qantas A380. By Rob Finlayson
The Qantas Group (QF) announced it will split the carrier’s international and domestic operations into two distinct businesses as part of its five-year transformation plan launched in August 2011 (ATW Daily News, Aug. 17, 2011).
“Qantas International and Qantas Domestic—currently combined as ‘Qantas Airlines’—will be formally managed as two distinct businesses,” a QF statement said. “Each will have its own CEO and its own operational and commercial functions with financial results to be reported separately.” The new structure will be effective July 1.
The restructure will strengthen the Qantas Group’s portfolio and help deliver its previously agreed strategic goals, CEO Alan Joyce said.
The Group also announced a number of executive management changes, including appointing former QF Frequent Flyer CEO Simon Hickey to CEO-QF International; QF Airlines-operations group executive Lyell Strambi to CEO-QF domestic; Group executive, strategy and technology Jayne Hrdlicka to CEO-Jetstar Group; Group executive-international strategy Lesley Grant to CEO-QF Frequent Flyer; and Gareth Evans to CFO.