Qantas was within just 11 weeks of declaring bankruptcy after COVID-19 struck in early 2020.
The shock revelation came from Qantas boss Alan Joyce as he announced the airline’s biggest order in its 102-year history for up to 146 aircraft worth $34 billion as revealed by AirlineRatings.com yesterday.
“We were 11 weeks from bankruptcy,” Mr Joyce told guests and media at the order signing ceremony with Airbus in Sydney on Monday.
Mr Joyce said the airline had to change and reinvent itself and it had emerged stronger and more resilient after the chaos of the past two years.
Qantas has sold off property and read more ⇒
Source:: AirlineRatings.Com