This is what happens when you get a bunch of Execs who only want to see every action as something that is against their interests. Shameful manipulation of the facts.
Why are we not surprised.
Yes, well said and why am I not surprised to read this today as well..
CBD
The notice for Qantas's annual meeting is expected to be dispatched to shareholders this week, three resolutions lighter than the bulk of the airline's pilots would probably like.
Despite a group of shareholders (endorsed by the pilots' union) getting enough support to put forward a resolution at the meeting, Qantas earlier this month said it had ''no legal obligation'' to carry the resolutions, which were seeking a vote of no-confidence in its chairman,
Leigh Clifford, chief executive,
Alan Joyce, and the rest of the airline's board.
''Qantas has decided that it is not appropriate for the no-confidence motions and the support statement (in its present form) to be included in the notice of meeting for the AGM,'' said the airline's company secretary,
Cassandra Hamlin, in some correspondence obtained by CBD.
''As a matter of company law, regardless of whether or not it is supported by the majority of shareholders present and voting at a shareholders meeting, a no-confidence resolution has no operative effect.''
The proposed resolutions coincide with the increasingly hostile industrial dispute between Qantas and the pilots.
Hamlin in her letter added that the airline had given the Australian International Pilots Association the ''opportunity to submit a revised statement containing the substantive content of the supporting statement, omitting references to s249N [of the Corporations Act] and the no-confidence motions, for circulation to shareholders with the notice of meeting''.
Makes you wonder how you can revise a statement which pushes for a no-confidence motion without referring to a no-confidence motion.
BOARD GAME
Given the Qantas notice of meeting will not contain the supporting statement for the attempted no-confidence motion, CBD has managed to free up some space to include some excerpts from it.
''The board of the company has in recent years presided over a significant destruction in the value of shareholders' interests in the company,'' it starts.
Aside from noting how the share price had fallen from $5.62 to $1.45 since Clifford became chairman, the statement notes some of the events that have occurred under the present board.
These include the fines Qantas has been hit for ''unlawful cartel behaviour''; ''new aircraft have been ordered but not delivered and instead of using aircraft such as the Boeing 777 which competitors in and out of Australia have used with great financial success''; ''several engine failures and a number of safety incidents''; and Qantas falling out of the top 40 in the Readers Digest annual most trusted brand survey. Another event, which is probably the reason for the attempted no-confidence vote, regards Qantas management failing ''to develop co-operative working relationships with its labour force''.
Scott Rochfort smh 26-09-11 
a breath of fresh air compared to S. Creedy @ News Ltd.
Another type of manipulation from our friends at Qantas legal, in my view and well spotted by Scott. Not all the media just write down the Q press releases.
As we head into a week of uncertainty with the global stock markets we should be reminded how Clifford and Joyce have lead Q over the past few months, including the hype leading up to the big 24th announcement, it really has not helped the share price, with their Q Asia plans.
Again, we are only 2.5 cents off that low, I think Clifford will be feeling the heat, and so he should, it is my view his leadership has been a disaster for Q. since MJ departed, another disaster. No wonder AJ keeps banging on about natural disasters, it's all he knows.
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