The Australian – Alan Joyce blamed short-selling by hedge funds for exacerbating the collapse in Qantas’s share price last week that wiped more than $1 billion off the airline’s value.
Speaking on the sidelines of the International Air Transport Association’s (Iata) annual general meeting in Beijing today, Qantas chief executive Mr Joyce said that he could not have warned investors any earlier of some of the pressures on Qantas’s profits.
