QAN 1.30% $6.09 qantas airways limited

The Joyce B/S barometer, page-48

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    In the 'AFR's' print edition on Monday 6 February 2023, Joe Aston in 'Rear Window' has another huge go at Alan Joyce, who signed his name to a recent 'Sydney Morning Herald' opinion piece re how QAN was supposedly improving.

    Here's a sample, though it's worth buying the paper tomorrow for the rest:

    "...In a further moment of misguided candour, Joyce added that “we’ve recently seen most of our competitors announce a major ramp up in their capacity – so you can expect to see fares trend down.”
    What a delightful slip of the tongue, a pure admission of inordinate market power, saying I screwed you while I could but rest assured my competitors are now forcing me to drop my fares. I’ll no longer be able to extort you once my opposition offers you an alternative..."

    (Remember, ladies and gents, he's the best CEO in Australia).
 
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