Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

Qantas takes on a former executive that “knows too much”

Published

on

After a decade with the Australian airline, former executive Nick Rohrlach takes job at Virgin Australia

Qantas has won a last-minute court order that will stop former executive from jumping ship to the rival airline, Virgin Australia.

This comes after two failed attempts to prevent Rohrlach from taking the job at Virgin.

Rohrlach landed a job at Virgin’s Velocity Frequent Flyer program

Former Jetstar Japan co-chief Nick Rohrlach is waiting until the court case is resolved before he starts his new job.

The case was lodged in Singapore’s Supreme court.

 He joined the airline in 2011 as Head of Strategy and Planning before switching over to Jetstar, eventually running their headquarters in Japan.

In October last year, he returned to Sydney to take up a job with Qantas Loyalty.

Qantas executive Nick Rohrlach
Former Qantas Group executive Nick Rohrlach plans to jump ship to Virgin Australia.

Qantas Executive Rohrlach knows “too much” about the airline

Qantas is arguing that he knows “too much” about Qantas, leading to fears he could bring insider information to Virgin.

“Right up until he informed Qantas of his new role at Velocity, was it suggested that the flow of information from Qantas should cease,” a Qantas spokesperson told The Australian.

 The Australian’s Robyn Ironside reports that Qantas has applied to the Supreme Court of Singapore for an emergency injunction.

Switching employers in the airline industry is common enough. Qantas CEO Alan Joyce has previously worked at Aer Lingus and Ansett Australia.

Qantas Virgin Australia Logo
A former Qantas executive has landed a job at Virgin Australia.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Money

Why the meme-stock frenzy is unlikely to repeat

Published

on

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Continue Reading

Money

Why are airlines after the Biden Administration?

Published

on

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Continue Reading

Money

The mounting pressure on Government spends

Published

on

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

Continue Reading

Trending Now