Interestingly, QANTAS Statutory After Net Tax Profit during the Joyce Years (2008 to date) indicate a
net Loss of Aus$ 3.919 Billion, not all of which can be blamed on Covid, whilst Covid financial incentives to retain staff significantly benefited Qantas and reduced it's net loss over the same period.
In the same period QANTAS paid no Company Tax but received over $2 billion in tax payer funded Corporate welfare, including $900 million in JobKeeper payments, received during the pandemic.
One wonders why the CEO and senior executives enjoyed such generous and lucrative Bonuses and benefits - or any profit related incentive payments - funded by long suffering passengers, share holders and Australian tax payers??
