Alan Joyce to leave Qantas after tumultuous week to make room for 'renewal'

Comments

• Seditious_Delicious@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Arrogant narcissistic piece of shit. When everyone was suffering he collected a bonus…

  source
• Getawombatupya@aussie.zone ⁨1⁩ ⁨year⁩ ago

  Off he goes with his pot of gold and lucky charms

  source
• Zagorath@aussie.zone ⁨1⁩ ⁨year⁩ ago

  That’s nice and all. But will his replacement actually fix the deep-rooted problems?

  source

  • lordriffington@aussie.zone ⁨1⁩ ⁨year⁩ ago

    The replacement’s job isn’t to fix the problems, just to make it seem like they’re doing something.

    source
  • youngalfred@lemm.ee ⁨1⁩ ⁨year⁩ ago

    Probably too late for some of it. From what I’ve read, Joyce has let the competition leap frog then by not keeping up with infrastructure and replacing old planes.

    It’s going to require a lot of capital to fix that. Maybe they can just ask the government though.

    source

    • nevernevermore@kbin.social ⁨1⁩ ⁨year⁩ ago

      Hey I’ll happily help foot the bill if they nationalise

      source
  • zurohki@aussie.zone ⁨1⁩ ⁨year⁩ ago

    Heck no. The problems will remain forever, they’ll just be blamed on him after he leaves.

    source
  • Nonameuser678@aussie.zone ⁨1⁩ ⁨year⁩ ago

    From what I understand the new CEO was the former CFO so has actively contributed to said problems.

    source
• autotldr@lemmings.world [bot] ⁨1⁩ ⁨year⁩ ago

  This is the best summary I could come up with:

  ---

  Qantas announced his early departure saying Mr Joyce would bring forward his retirement by two months to help the company “accelerate its renewal”.

  “In the last few weeks, the focus on Qantas and events of the past make it clear to me that the company needs to move ahead with its renewal as a priority,” Mr Joyce said in a statement.

  “The best thing I can do under these circumstances is to bring forward my retirement and hand over to Vanessa and the new management team now, knowing they will do an excellent job.”

  This news of Mr Joyce’s departure comes less that a week after the competition regulator launched legal action against Qantas for allegedly selling tickets to flights that had already been cancelled over a three-month period in 2022.

  Qantas chairman Richard Goyder thanked Mr Joyce for his service, saying his decision to bring forward his retirement showed he was putting the company first.

  “We have an important job to do in restoring the public’s confidence in the kind of company we are, and that’s what the board is focused on, and what the management under Vanessa’s leadership will do,” he said.

  ---

  The original article contains 330 words, the summary contains 192 words. Saved 42%. I’m a bot and I’m open source!

  source
• ApeNo1@lemm.ee ⁨1⁩ ⁨year⁩ ago

  Qantas was the national carrier until it was privatised in 1992. Much as we like to romanticise Qantas as a symbol of Australia, it is just another large corporation and profits at all costs will always win.

  source
• yoz@aussie.zone ⁨1⁩ ⁨year⁩ ago

  Is he still getting that $20mil ? That lil fcker actually fked 25mil Australians. Judging from his accent ? Where is he from ? Sounds Irish or Scottish.

  source
• Marin_Rider@aussie.zone ⁨1⁩ ⁨year⁩ ago

  massively overvalued on the share market still. will take a lot of work and time to stabilise the company

  source