Qantas is gifting most of its 14 million frequent flyers a $50 travel credit as part of a formal apology for poor performance.

The credit comes after months of flight delays, cancellations and baggage mishandling.

The airline will also allow frequent flyers to retain their current Silver, Gold, Platinum or Platinum One status through to as far as mid-2024.

David Flynn, Editor at Executive Traveller, told Gareth Parker on 6PR Breakfast that these perks are meant to be apology measures.