Heard Tony Boyd(AFR Chanticleer) on ABC the other day saying that AJ could be gone end of calendar year 2023.
Why? He’s just provided a better than expected annual result and the share price has risen as a consequence. He may be loathed but he’s delivering exactly what the investors and board want.
Here’s the interview with Tony Boyd:
https://www.abc.net.au/radionational...ses-/101379090
He actually doesn’t say Joyce could be gone by end calendar year 2023, he says Joyce will probably stay til at least end calendar year 2023. From that interview I don’t think he knows too much about the aviation industry, for instance QF has always had higher fares than its competitors, this didn’t prevent them making billion dollar profits from 2016-2019. I’d also question his description of this current w as the most difficult crisis QF has ever faced, the GFC, the capacity war with VA and Covid were worse.