QAN 1.75% $7.29 qantas airways limited

The Joyce B/S barometer, page-74

  1. 10,734 Posts.
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    From 'The Oz' online on afternoon of Monday 29 May 2023, probably to be in print tomorrow:

    (Joyce is telling porkies, as during his tenure as CEO not one new aircraft purchased by QAN entered service):

    "Qantas chief Alan Joyce has hailed the “phenomenal decision” to place a huge aircraft order at the height of the Covid pandemic, saying it has the airline well positioned for the future.

    Mr Joyce was speaking at Sydney Airport, where he and fellow executives farewelled a 23-year-old Boeing 717 and showed off two new additions to the Qantas Group’s fleet.

    The event appeared designed to counter criticism of Qantas’ ageing fleet and suggestions incoming CEO Vanessa Hudson would face a “mountain of capex” to pay for new aircraft..."

    It sure is an elderly fleet, but he'll walk away with a mountain of cash.
 
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