Qantas CEO to leave early amid airline’s reputation scrutiny.

(Reuters) – Qantas Airways announced today⁤ that its ‍long-serving CEO, Alan‌ Joyce, will be stepping down from⁣ the company earlier ⁤than expected. This decision comes as Australia’s ‌flagship carrier ‌faces reputational turbulence.

Vanessa Hudson, the first woman to lead the century-old⁣ airline, will take over as CEO starting tomorrow.

Qantas ⁣recently ⁤apologized for falling ‍short of service standards and acknowledged the ‌reputational damage it has suffered. The airline is facing a lawsuit from Australia’s⁤ competition ⁤regulator, which alleges that⁤ Qantas sold tickets for thousands of cancelled flights.

Alan Joyce, who served​ as CEO for 15 ⁤years, stated, “In the last few weeks, the focus on Qantas and ​events of the past make it clear to ​me ‌that the company needs to​ move ahead with its renewal as a priority.”

Last week, the Australian Competition and Consumer Commission ​(ACCC) filed a court document ‍accusing the carrier of breaking consumer law by ⁢selling tickets ⁢to over 8,000 flights without disclosing their ⁤cancellation.

Qantas Chairman Richard Goyder commented on Joyce’s early departure, saying, “This transition ‌comes​ at what is‍ obviously a ⁢challenging time for ⁤Qantas and its people. We have an important job ⁣to do in restoring‍ the public’s ‌confidence in the kind of company we are, and⁢ that’s what the board​ is ​focused on, and what the management ‌under Vanessa’s leadership will do.”

In June, Qantas announced several leadership changes to enhance its focus on key areas as the airline continues its post-pandemic ⁣recovery.

Last⁢ month, the carrier reported record annual earnings, ⁤driven by⁢ a strong rebound ⁣in ​travel​ demand.

(Reporting by​ Aishwarya Nair in Bengaluru; Editing ​by Jamie Freed)

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