PPRuNe Forums - View Single Post - Alan Joyce Chief Executive Qantas June 22/6/11 Address to the National Press Club"
Old 21st Jun 2011, 15:21
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manfred
 
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And so it begins:


Longhaul flights clip wings at Qantas


THE Qantas chief executive, Alan Joyce, will outline today a structural shake-up of the airline's operations to reverse the loss of hundreds of millions of dollars on international flights.

In a speech that will seek to confront the unions with which the airline is now at war, Mr Joyce is expected to announce a modest overall annual profit for Qantas but with no thanks to its international operations.

While Jetstar and Qantas domestic are doing well, Mr Joyce is set to announce Qantas's international operations will record an annual loss of more than $200 million.



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