Chanticleer
Qantas’ profit drop is a good sign for Hudson. But new tests loom
Vanessa Hudson has walked the tightrope between customers, staff and shareholders. But will the economy make her turnaround harder?
Updated
Vanessa Hudson is in the middle of one of the greatest juggling acts corporate Australia has seen in a long time. So far, she’s handling it well.
Qantas’ underlying profit before tax fell 18 per cent, or $380 million, to $2.1 billion. But this drop was expected and frankly necessary if Hudson was to walk the talk on striking a better balance between customers, staff and shareholders.
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