Comment: The return of dividends at Qantas grounds Alan Joyce's critics
Payout is proof Tallaght man plotted Australian carrier on right course, writes Fearghal O'Connor
There was good news in recent days – and a big slice of “I told you so” – from the Irish boss of Australian airline Qantas.
The seven cent dividend, as well as a 57 per cent increase in underlying full-year profit of AUS$1.5 billion (€1 billion), is just the latest sign that Joyce’s aggressive and controversial cost cutting has worked.
Joyce has led a massive turnaround at the Australian carrier. In...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Content is king – just ask Netflix as rivals attempt to steal its crown
A WarnerMedia-Discovery deal puts the spotlight on streaming wars as around 100 platforms vie for the attention of often fickle audiences
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures