One of Qantas’ largest institutional investors is backing the carrier despite a season of controversies surrounding chronic flight delays, cancellations and staffing issues, arguing the company can restore its share price to where it was pre-pandemic.
Pendal’s Crispin Murray acknowledged the irony in naming Qantas a "winner" from the August reporting season given the brand and chief executive Alan Joyce's “level of unpopularity” with the travelling public.
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Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
