Financial Times FT.com

Qantas banks on quick reaction to storm

By Elizabeth Fry, Andrew Hill and Paul Betts

Published: April 14 2009 17:45 | Last updated: April 14 2009 17:45

Alan Joyce, Qantas’s new boss, is proving as adept as his predecessor, Geoff Dixon, when taking the hard decisions to avert the impact of a prolonged aviation crisis.

His restructuring of the Australian flag carrier – which includes cutting 1,750 more jobs, deferring aircraft orders and grounding aircraft – are viewed as necessary if he wants Qantas to emerge from the recession strong and ready to grow.

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