The Business

Turbulence in the aviation industry


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One of the stars of the recent reporting season was Qantas with a profit of nearly $900 million, which earned CEO Alan Joyce a pay packet of nearly $25 million. But a closer look at the numbers reveals the harsh reality of aviation. Neither Qantas nor Virgin have earned any money for their shareholders during the tenures of their current bosses.
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The BusinessBy [email protected] (ABC News)