As sacrifices go - this isn’t a big one. Alan Joyce was already set to leave in two months.
Crisis-ridden Qantas Airways has been in desperate need of a circuit breaker, and Alan Joyce’s scalp should have been it.As sacrifices go - this isn’t much of one. Joyce was already set to leave in two months’ time anyway.NineInstead of acknowledging and taking accountability for being the most complained-about company in Australia, and one that allegedly misled and deceived its customers, the Qantas board has offered hearty praise for Joyce.
The jump in the value of Qantas stock on the news of Joyce’s departure suggests that even his rusted-on shareholder supporters understood that he had now become toxic. It is a matter that Goyder says has yet to be decided. It will doubtless depend on how the case made by the Australian Competition and Consumer Commission plays out. The competition regulator has accused the airline of selling seats on flights it had already cancelled - the so-called ghost flights.
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