Alan Joyce has announced he’ll give up his salary for the remainder of the financial year after the Qantas Group announced capacity cuts equivalent to grounding 38 aircraft.
Angry Qantas’ passengers were forced to wait two hours to speak to the airline's customer service helpline on Monday.
The worst day of trading on the ASX since the global financial crash saw Virgin shares limp to an all-time low of 0.075 and Qantas drop to 4.15 – down from 7.40 in December.
The Transport Workers Union has appealed to an Australian tribunal to overturn the suspension of a Qantas worker who they claim rightly raised coronavirus safety concerns.
Qantas shares plunged to an almost three year low on Friday, trading 8 per cent down at just $4.68.
Qantas chairman Richard Goyder has told major investors to shun climate activists who buy shares to “hijack” company AGMs.