Qantas boss Alan Joyce has told a Senate select committee on the cost of living that he understands the outrage surrounding the airline’s record $2.47 billion profit announced last week in light of the cost of living crisis.– said airfares have been falling since the industry was deregulated in the 1990s.
Senator Tony Sheldon, a Labor MP who has long been critical of Joyce and formerly held senior positions within the Transport Workers Union,the airline had changed for the worse under Joyce’s leadership, and it was about time he was held to account. Joyce said the government should address the regulation surrounding Australia’s airports if it wanted to put downward pressure on airfares.
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