Australia's Qantas Airways said on Wednesday it would pay Alan Joyce, its former CEO who retired earlier this month, a remuneration of A$21.4 million ($13.8 million) for fiscal 2023, a near 10-fold jump from last year.
However, Joyce's pay could be subject to adjustments and clawback as the Australian flagship carrier Qantas faces regulatory challenges over allegations of illegal ticket sales, which has also damaged its reputation.
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