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...In March, the Qantas Airways chief executive’s advocacy of same-sex marriage earned him a rebuke from Peter Dutton, the Australian immigration minister, who accused him and fellow executives of using shareholder...
...John Borghetti, chief executive, said the company was “on track” to beat its existing target of A$1.2bn in cumulative cost savings by the end of the 2017 financial year....
...Mr Borghetti said it was time for Virgin to deleverage as it sought to take advantage of growth opportunities in China....
...John Borghetti, chief executive, said the carrier was “on track” to beat its existing target of A$1.2bn in cumulative cost savings by the end of the 2017 financial year....
...“I’m definitely sticking around,” Mr Borghetti told reporters on a conference call....
...“You are on a hiding to nothing running the iconic national airline because so many things are out of your control,” says Peter Harbison, executive chairman at Capa, the aviation consultancy....
...A fresh proposal was later submitted from John Borghetti, who became Virgin Blue chief executive last year....
...Mr Borghetti declined to make a direct comment on Virgin Blue’s recent profit performance compared with Qantas....
...John Borghetti, a veteran of rival Qantas, this month took over as chief executive of Virgin Blue after his battle for the top job at Qantas with Alan Joyce....
...Virgin Blue is expected to make a fresh assualt on Qantas territory when John Borghetti takes over as chief executive next month....
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