Qantas has right plan: Joyce
Qantas chief executive Alan Joyce has claimed Australia’s flag carrier has put together the right plan to take the airline into the future and survive what he has dubbed “complex times”.
In a speech to the National Press Club yesterday, Mr Joyce admitted again that while Qantas was a great airline, it was a “poor business” which obviously needs to be brought back to profitability.
According to Mr Joyce, 82 out of 100 people flying out of Australia are flying with an airline other than Qantas, the QF boss pointing out the net impact of competition from airlines into the Australian market.
“Moving forward with the ground-breaking ten year partnership with Emirates to extend the airline’s reach while restraining costs fits the right plan, the alternative would be decline,” Mr Joyce stated.
While former Prime Minister Kevin Rudd last week urged Qantas to adopt new China strategies, Mr Joyce claimed that working in Australia was challenging given the time it takes to “do almost anything”.
“As part of a highly regulated aviation industry, we are dependent on the quality and timeliness of decision – making by governments, legislators, and regulators here in Australia, and in many jurisdictions around the world,” he said.
Qantas has already allowed the sale of seats on the route via Dubai ahead of regulatory approval.