Originally Posted by
Going Boeing
I'm sorry Half Baked and others, Joyce is not the Messiah.
He's still a narcissistic bully and the ONLY reason that Qantas is in a strong financial position is that he has been contracting the airline to maximise share value, of which he has a massive number. Qantas has far fewer aircraft and flys a lot less routes than when he took over. It's only through his greed that has got the airline into a strong financial position to weather this crisis, lucky timing now happens to make him look good.
I certainly was critical of QF for not buying a lot more newer generation aircraft in the past, and still would be if it wasn’t for COVID. Amazingly though it is this inaction that has put them in a better position. The timing of the 747 planned retirement couldn’t have been much better and just imagine the additional pain the company would be in if a large fleet of 350s were locked in pre COVID!