Qantas loss halves as revenue jumps 54pc on border reopening travel surge

abc.net.au/news/qantas-profit-loss-2022-annual-results-alan-joyce/101369872Qantas has roughly halved its full-year loss to $860 million, as revenue jumped 54 per cent from 2021, when state and international border closures affected air travel more severely.

The company's preferred underlying number showed a slightly increased loss on last year of $1.86 billion before tax.

Source: Holiday News (holidaynews.net)

. Qantas wages have declined for a decade. Except the dozen MBA grads at head office getting paid to identify which workers can get treated worse... .

SackJoyce

I’ve been flying recently. The only issues were with Qantas. Qantas cancelled a flight which caused chaos for a connecting flight and $$$ spent on alternative. The other, they didn’t connect my luggage in time. $$$ spent on necessities. Refund on cancelled 🛩 but not reimbursed.

do you all fly with Qantas, to be so angry at Joyce? i haven't flown with our Flying Kangaroo since last century. Qantas and Joyce can do whatever, it matters not to me, won't fly again with 'em.

Are Joyce and his executives still pulling millions in salary and bonuses, after being propped up with $2 billion of tax payer funds and still making a loss? Probably. And we put up with it, why?

So they will start to pay back the covid bail out from profits ?

And when is the CEO going!

They keep taking bookings from innocent customers but forgot risk management in baggage handling and ground support. Just travelled Jetstar last month, check in chaotic, boarding chaotic . Return by Scoot Singapore,just the opposite, smooth courtesy efficient all round.

Revenue up 54% but they still lost money? That is really bad...

Qantas should reduce the flight price. Travellers only look for cheapest flight.

Joyce will probably give himself & his dodgy board a massive amount pay rise & sack more loyal Qantas workers with that terrible result!

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