Does the board have the power to sack him?
Indeed they do, but they won't. Today's Boards are hand picked, usually mates or linked to the CEO in some favorable manner. So it is unlikely the Board will sack this bloke as it is
he who has enabled
them to be highly remunerated feeders of the trough, even if it appears that they are at arm's length from him. The only way he would be sacked is if the Boards gravy train and longevity was endangered by his incompetence. The whole lot of them will, and are, spinning there way out of the mess to sensure the trough stays full for a bit longer yet.
Unless all of mainstream media, as well as the public demand, in fact force an end to this saga the point of absolute no return will be reached, and even if QF survives it 's soul will be part of history like Ansett.
I wish the Government could just tear up his passport and send him back to potato land. He has already fouled part of Australia's history and this wrecking ball is on a mission.
Don't be fooled, they may be preaching doom and gloom and posting losses but one area of the Rat is highly lucrative - Management.