Qantas Airways Ltd. may be clawing back up to A$14.4 million ($9.3 million) in payouts from former chief executive Alan Joyce after he was found to have: illegal dismissal 1,700 employees and be accused Used to sell tickets for canceled flights.
Qantas said in a statement accompanying its annual report that in an effort to quell public anger, it retained Joyce’s short-term bonus of A$2.2 million for the year ended June 30, while the bulk of his long-term bonus would be was withdrawn. Published Wednesday.
Chairman Richard Goyder said: “The company is experiencing a significant loss of community trust and growing customer frustration, and the board and management are determined to address these issues.”
Still, the airline’s annual report released on Wednesday showed Joyce ended his 15-year tenure with a final planned pay package of $21.4 million.
Goyde is under pressure to take action against Joyce after a series of controversies at the end of his term as chief executive that ultimately led to his resignation two months earlier than planned.
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Australia’s Supreme Court ruled this month that Qantas broke the law by laying off ground staff during the pandemic. Anger spread weeks ago when Australia’s competition regulator accused Qantas of selling thousands of seats on canceled flights last year.
As Qantas grapples with the post-pandemic travel boom, Joyce has become a lightning rod for passengers’ frustration over sky-high fares and flight cancellations.
Just days after the money-for-counterfeiting incident, Joyce suddenly resigned, ending his 15-year term prematurely. He is expected to receive a formal farewell at the airline’s annual general meeting in November.
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