Qantas’ former CEO Alan Joyce’s exit bonus has been reduced by A$9.26 million ($6.1 million). The board of directors determined that “considerable harm” was done to Qantas’ reputation under Joyce’s leadership on August 8, 2024. Joyce’s final remuneration payout for full year 2023 had originally totalled A$21.4 million ($14 million). The full amount had been pending an external review of the performance of Australia’s dominant airline. The board also withheld the balance as the Australian Competition and Consumer Commission (ACCC) investigated Qantas “misleading customers” regarding flight cancellation processes. Qantas had admitted to these practices and is set to pay a

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