Qantas boss Alan Joyce says the national carrier will survive while COVID bankrupts other airlines – NEWS.com.au
Qantas boss Alan Joyce insists the national carrier will survive while other airlines are driven bankrupt by the COVID-19 pandemic despite the company booking an eye-watering net loss.The company posted a half-year net loss of $1.03bn on Thursday and scrapped its interim dividend but managed to whittle a near $7bn revenue hit to a much lower bottom line result, Mr Joyce said.
So it could have been worse, he agreed on 2GB radio on Friday, crediting the airline’s restructure, which has resulted in…
