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Joyce plans to stay on as Qantas shares double from record low

CEO wants to see through A$2b cost-cutting programme; carrier enjoying strong market momentum, says analyst

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Published Mon, Dec 8, 2014 · 09:50 PM

    Sydney

    QANTAS Airways Ltd chief executive officer Alan Joyce plans to see through a A$2 billion (S$2.2 billion) cost-cutting programme at Australia's largest carrier.

    With shares more than doubling this year and its international unit set to post its first profit since 2011, Mr Joyce, 48, said he's got no plans to move.

    Qantasfuel

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