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Qantas CEO Steps Down Early Amid Canceled Flights Scandal and Service Decline

  • Qantas CEO Alan Joyce is retiring two months early as the airline faces a lawsuit alleging it sold tickets for thousands of canceled flights.
  • Joyce's early exit follows embarrassing revelations and a decline in service standards after the COVID-19 pandemic.
  • CFO Vanessa Hudson will take over as CEO to renew the airline's reputation and address controversies.
  • Qantas recently apologized for falling service but reported record profits.
  • The leadership change comes amid scrutiny over Qantas' practices and reliability issues angering the public.
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