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Adelaide, Australia – January 5, 2013: Qantas Boeing 737-476 commercial aircraft on the runway at Adelaide Airport.
Airline executives pass on paychecks As Qantas and Jetstar stand down some 20,000 employees from late March until at least the end of May, senior management executives and the board are forgoing their salaries until at least the end of this financial year. Chairman Richard Goyder and CEO Alan Joyce had already announced they would be taking no pay for the foreseeable future as the airlines are in crisis. Joyce said that despite the federal government’s $715 million stimulus aimed at airlines,