Joyce may lose $9.3m of payout after abrupt Qantas exit

Joyce stepped down abruptly just days after money-for-fake-tickets claims. (Image: Getty)

Thu, 21 Sep 2023

By Angus WhitleyQantas Airways will potentially claw back up to A$14.4 million (NZ$15.7m) of former chief executive Alan Joyce’s payout after the airline was found to have illegally sacked 1,700 staff and sued for selling tickets on already-cancelled flights. Attempting to quell public outrage, Qantas kept aside A$2.2m of Joyce’s short-term bonus for the fiscal year ended June 30, while a chunk of his long-term bonuses is subject to clawback, the carrier said in a statement accompanying its annual report released on Wednesday.&...

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