Qantas unveils 3-point plan to soothe traveller anger
Qantas’ three-pronged plan to soothe community anger
The airline’s flight back to financial health has been impressive, but does Alan Joyce need to better balance profits, customers and staff?
There was no apology in Qantas’ latest market update, but there was an acknowledgement that management has heard a flying public fed up with an extraordinary period of industry disruption.
The airline’s financials continue to gain altitude, with bumper demand over the past six months putting Qantas on track to deliver underlying earnings before interest, depreciation and amortisation of between $450 million and $550 million for the June half. Underlying profit is now tipped for the 2023 financial year.
As a result of improving earnings, net debt will fall to $4 billion by June 30, down from $6.4 billion at …
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