Alan Joyce predicts underlying profit of up to $1.3bn and denies Qantas has a morale problem
Chief executive says feedback from workers has been a huge thank you to the management of Qantas for getting the company through the Covid period'
The Qantas chief executive, Alan Joyce, has offered workers at the embattled airline a pay rise and pledged to spend more money on increasing the reliability of flights, while denying the company has a staff morale problem or that its brand has been permanently damaged.
Delivering a financial update on Thursday, Joyce predicted an underlying profit before tax - a management measure that excludes costs such as asset write-downs and foreign exchange hedges - of between $1.2bn and $1.3bn for the six months to the end of the calendar year.
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