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Qantas chairman refuses to quit amid investor pressure – ABC News

(Reuters) - Australia's Qantas Airways' chairman has refused to step down even as investors continued to demand his resignation amid a slew of scandal.

Qantas Chairman Refuses to Quit Amid Investor Pressure

Qantas Chairman Refuses to Quit Amid Investor Pressure
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Qantas chairman refuses to quit amid investor pressure

The company is facing a regulatory lawsuit accusing it of breaching consumer law by selling fares for 8,000 flights that were cancelled in mid-2022, leading to the abrupt resignation of CEO Alan Joyce. In his first interview since these allegations by the country's competition regulator in late August, Chairman Richard Goyder said he has confidence in the Qantas board and that major investors wanted him to continue in his position, the news website said. The ABC report did not mention the names of investors and consumers who have called for Goyder's resignation.

Qantas chairman refuses to quit amid investor pressure - ABC News

Australia s Qantas Airways chairman has refused to step down even as investors continued to demand his resignation amid a slew of scandals that have affected the carrier, ABC News reported on.

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