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turned their venom on the
        COVID illness across all airline    Goyder, who also announced  “
        suppliers created havoc.            airlines’ chairman Richard
         Mr Joyce at the time                                                     In virtually all cases
        famously said about long            he would retire at the 2024           flight changes were
        security queues that passen-        AGM.
        gers weren’t “match fit” but         Next came a Senate Inquiry           made weeks and
        the stark reality was the air-      which quicky degenerated              months ahead giving
        line industry across the globe      into a Shakespearean tragedy          passengers plenty of
        wasn’t fit at all.                  with politicians clamouring for
                                            the best TV grab. The head            time to make minor
                                            of the inquiry, controversial         adjustments to their
        Social Media Power                  Senator Bridget McKenzie,             travel plans.”
        Mr Joyce, who is openly gay         even called for Qantas to be
        and an advocate for a range         broken up.
        of sometimes controversial
        causes became a huge target
        for online social media abuse.                                            But the lay media was having

         One newspaper received             ACCC Action                         none of that explanation and
                                                                                portrayed Qantas as uncaring,
        a number of vile letters crit-      Complicating matters for            ruthless and solely focused on
        ical of Mr Joyce, prompting         Qantas, Australia’s consumer        profit.
        the Editor-In-Chief to ask his      watchdog the Australian
        Business Editor to “give me an      Competition and Consumer              Not helping the profit aspect
        article criticising Alan Joyce.”    Commission took the airline         was the airline reporting an all-
         According to reports from          to court over alleged “ghost        time record underlying profit
        SproutSocial.com and Deloitte,      flights” in 2022. It claimed that   for FY23 of A$2.47 billion and
        75% of consumers say that           Qantas was selling tickets on       a Statutory After-Tax Profit of
        social media gives them power       non-existent flights for profit.    A$1.74 billion. That was a sig-
        while 47% use it to complain.                                           nificant reversal from the A$7
        The two organisations also           The ACCC’s case relates            billion in accumulated statutory
        report that 60% of the world        to flights that Qantas can-         losses over three prior years.
        uses social media.                  celled that were left on sale         With that came renewed
         In Australia media compa-          for longer than 48 hours. This      focus on Mr Joyce’s final
        nies chasing online clicks          occurred when the airline was       payout for the FY23 year
        pounced on every misstep            forced to take 20 aircraft out of   which was $23.6 million.
        from Qantas, virtually ignoring     service to be used for backups
        Virgin Australia, which had         for flight disruptions caused by      However much of that is
        similar issues and they largely     shortages of spare parts.           long term bonuses withheld
        ignored the fact that it was a                                          during COVID. What has been
        global problem.                      While this occurred, some          ignored is that Mr Joyce took

         Quickly all rational debate        flights were left in the system     Qantas’s share price in 2009
                                            too long but Qantas claims
        was forgotten and unless            that 100% of impacted domes-        from $A1.70 to A$7.35 just as
        analysts and commentators           tic passengers were offered         the ill winds of COVID started
        were following the narrative        same-day flights depart-            to swirl around.
        they were ignored or even in        ing prior to or within one hour       Ignored in the social media
        some cases criticised by the        after their scheduled departure     attacks was that according
        interviewer.                        time. The airline adds that         to the Australian Financial

         The furore forced Mr Joyce to      98% of impacted international       Review, Mr Joyce’s base
        retire ahead of the scheduled       passengers were offered             salary was just $2.3 million,
        Qantas AGM in November,             reaccommodating options on          against the median of the top
        but rather than defuse the          flights within a day of their       300 ASX listed executives in
        situation, the union movement       scheduled departure date.           Australia of $2.7 million.


        ASIAN AIRLINES & AEROSPACE                                                     OCTOBER - DECEMBER 2023 | 9
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