Thursday, February 23, 2023

Qantas in billion dollar profit as Alan Joyce sees "revenge travel" after pandemic losses. Mr Joyce reaffirmed his intention to remain CEO after a 15 year run

Qantas has revealed an extraordinary billion-dollar half-year-profit as it bounces back from huge losses racked up during the pandemic. 

The airline - which has been strongly criticised for delayed flights and lost baggage - is now in the midst of massive consumer demand, shrugging off concerns that higher living costs will make travellers think twice about jumping on a plane. 

The turnaround has also emboldened chief executive Alan Joyce who after 15 years in the job is rejecting calls for him to retire.

I spoke with Alan Joyce on The World Today.

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