Originally Posted by
dr dre
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. .
Yep, sorry messed that up on succession.
Regarding the higher airfares, you charge what you can get away with.
From the results presentation seems most media outlets focused on the fare increases to recoup higher fuel costs (10% Domestic, 20% INT). AJ was supremely confident that it would be absorbed by customers without affecting demand irrespective of the wider economic environment. I tend to agree with him in this regard for domestic flying,it’s not like the competitors get a cheaper fuel price, or have more fuel efficient aircraft as percentage of fleet.