The Qantas chief executive, Alan Joyce, has offered workers at the embattled airline a pay rise and pledged to spend more money on increasing the reliability of flights, while denying the company has a staff morale problem or that its brand has been permanently damaged.
Delivering a financial update on Thursday, Joyce predicted an underlying profit before tax – a management measure that excludes costs such as asset write-downs and foreign exchange hedges – of between $1.2bn and $1.3bn for the six months to the end of the calendar year.
