Alternative title: Gutless worm flees the mess he made, having extracted the maximum personal wealth he could at the expense of staff, customers, and the public
That's nice and all. But will his replacement actually fix the deep-rooted problems?
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.
The replacement's job isn't to fix the problems, just to make it seem like they're doing something.
From what I understand the new CEO was the former CFO so has actively contributed to said problems.
Heck no. The problems will remain forever, they'll just be blamed on him after he leaves.
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.
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.
massively overvalued on the share market still. will take a lot of work and time to stabilise the company
