Good afternoon, Qantas needs 18 months to get back on track in the wake of Alan Joyce’s long and rocky tenure as chief executive, the airline's chairman, John Mullen, says. Meanwhile, a one-time favourite to head up Virgin Australia, who was opposed by unions in his run for chief executive , has been promoted to the position of the airline's chief commercial officer. And the sharemarket honeymoon for Donald Trump appears well and truly over as the US President, refusing to rule out a recession, triggered a renewed sell-off in stocks, particularly among the tech giants. |