Qantas, Aus Post reconfigure joint venture businesses

Australian air Express 737-300 VH-XMR. (Mehdi Nazarinia)

Qantas and Australia Post have announced a restructuring of their joint venture businesses, Australian air Express and Star Track Express.

To be rolled out over the next 12 months, the changes will see the merger of the retail divisions of Australian air Express (AaE) and Star Track Express, including AaE’s express sales, customer service and marketing arms; and the appointment Kevin Turnbull as chief financial officer (CFO) of Star Track Express, alongside new CEO Stephen Cleary.

In turn AaE will solely focus on domestic air linehaul and cargo terminal operations, so that Star Track becomes a retail-only business. However, both companies will share a support model with IT, finance and procurement resources on hand.

Qantas CEO Alan Joyce said both AaE and Star Track operated in “in a highly competitive environment”, with the reconfiguration leaving both businesses better positioned to “meet customer needs and offer market leading domestic air linehaul and integrated express freight solutions”.