There are some more in depth Indian newspaper stories about his departure: he's only been there for seven months...leaving allegedly because Etihad (who now owns 24% of Jet Airways) wants their own guy in charge.
I agree that being passed over for the QF CEO role does speak highly for a guy...given the dud chairwomen we have had for...forever, really.
On the other hand, it would be interesting to see what would happen if we actually got a real leader with both charisma and ability. I swear that after Joyce a real leader could turn QF into a cult...just lead us out of the wilderness.