$14.4m: Qantas brand damage may come with a hefty price tag for Joyce

Ex-Qantas chief Alan Joyce was paid $21.4 million over the last financial year, a twelve month period in which the brand plummeted from one of the country’s most-trusted brands, to Australia’s most distrusted airline.

But the Qantas board has declared it may “claw back” $14.4 million of this, including $8.3 million in already-awarded long-term bonuses, $3.9 million linked to pro-rata business earnings, and a $2.2 million short-term bonus.

That short-term bonus is currently being withheld, subject to the ACCC action over the airline selling already cancelled flights.