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Qantas freeze upper management salaries

center_img The short-term bonus is measured on a range of factors including underlying pre-tax profit, operational safety, flights arriving on time and the expansion of Jetstar in Asia. Qantas chairman Leigh Clifford said the airline exceeded its targets on strategy but was “tempered by the fact we were below our financial targets in a challenging global market”. The airline, which last week reported AU$6 million annual profit, froze the base pay of upper and middle management as a result of a “challenging operating environment”, the Sydney Morning Herald reported.last_img