Sorry to intrude but here in NZ it has been reported that Qantas is losing $15m a week but the CEO has just been given a 71 per cent pay rise. How can they afford that?
Because joyce got his 2.5 million $ payrise approved before he grounded the airline.
Unlike QF employees, I guess his contract has a clause stating, if QF closes, or goes bankrupt, he gets paid miilions regardless.
I suppose some silly airline will employ him when he doesnt have a job.
Maybe to destroy QF was in his mandate.
Corporate greed anyone?