Article 63E60 Qantas boss Alan Joyce nets $287k pay rise despite airline’s woes

Qantas boss Alan Joyce nets $287k pay rise despite airline’s woes

by
Ben Butler
from World news | The Guardian on (#63E60)

Chief executive pay packet tops $5.5m as airlines plagued by delays, cancellations and other problems following a surge in post-lockdown travel

Qantas chief executive Alan Joyce's pay increased by $287,000 in the past year amid delays, cancellations and other problems that have plagued the airline and damaged its reputation, the company's annual report reveals.

The total value of his pay packet rose from $5,288,000 in 2021 to $5,575,000 this year, mainly because Joyce's base pay returned to its pre-pandemic level of a little over $2.1m after two years in which he voluntarily took a cut due to the Covid-19 pandemic, which grounded the airline's fleet of planes.

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