Qantas CEO’s pay falls 83%


Pay cut: Joyce walking through the airline’s headquarters in Sydney. His total pay for the financial year ending June 30 was A$1.7mil, down from A$9.9mil a year earlier. — AP

SYDNEY: The total pay for Qantas Airways Ltd chief executive officer Alan Joyce fell by 83% in the financial year ending June 30 because of the impact of the coronavirus pandemic, the airline said yesterday.

This pushes Joyce from the ranks of Australia’s highest-paid bosses.

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