Alan Joyce boldly grounded the Qantas fleet in 2011 in the biggest corporate face-off with the unions since the 1990s waterfront dispute as he confronted the bloated cost base of the former government-owned airline.
By 2016, Qantas had gone from basket case to a record $1.58 billion profit. In 2017, Mr Joyce was named The Australian Financial Review’s Business Person of the year, recognising one of Australia’s great corporate turnarounds in one of the world’s most volatile industries.
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The Australian Financial Review’s succinct take on the principles at stake in major domestic and global stories – and what policy makers should do about them.
