Qantas CEO Alan Joyce resists union calls to resign after airline chaos, announces profit loss halved

Qantas CEO Alan Joyce resists union calls to resign after airline chaos, announces profit loss halved

Qantas roughly halved its loss last financial year and is expected to get back to pre-COVID levels of profitability this year, despite the flights cancellations, delays and baggage issues that have plagued the airline. Key points: Qantas posts an $860 million net loss for financial year 2022 The airline says it is on track to … Read more

JetBlue CEO Says Over-Hiring Is the Way To Beat Staff Shortages

JetBlue CEO Says Over-Hiring Is the Way To Beat Staff Shortages

JetBlue Airways CEO Robin Hayes said in an interview this week that one way to solve the staff shortage problem plaguing airlines this spring and summer is to hire more workers than you need. “I now need to over-hire just to keep the number I need,” Hayes told the British Broadcasting Corporation (BBC). “With COVID, … Read more