Alan Joyce Net Worth 2022 – Salary, Income, Earnings

Alan Joyce Net Worth

Alan Joyce has an estimated net worth of $20 million. Joyce is an Irish businessman. He spent five years turning low-cost airline Jetstar into the fastest-growing division at Qantas, the world’s second oldest airline. He earns most of his income from serving as the chief executive officer (CEO) of Qantas Airways Limited.

Joyce joined Qantas in 2000. In both Ansett Australia and Qantas, he was responsible for Network Planning, Schedules Planning, and Network Strategy. In October 2003, Joyce was appointed CEO of Qantas subsidiary Jetstar Airways.

To calculate the net worth of Alan Joyce, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.

Here’s the breakdown of his net worth:

Name: Alan Joyce
Net Worth: $20 Million
Monthly Salary: $300 Thousand
Annual Income: $5 Million
Source of Wealth: Businessperson

Learn More: Top 30 Richest People In The World

Early Life

Alan Joyce was born to a working-class family in Dublin, Ireland, in 1966. His father is a worker in a tobacco factory and his mother is a cleaner. Joyce attended the Dublin Institute of Technology and Trinity College, Dublin. He graduated with a degree in Applied Science and received an MSc in management science.

Career

Joyce spent eight years working at Irish carrier Aer Lingus before moving to Australia to work for now-defunct Ansett.

He joined Qantas in 2000 as head of network operations, rising to CEO of Jetstar, Qantas’s low-cost airline, three years later. He raised revenue by charging for extra leg room and in-flight entertainment, snacks, and beverages, and within six months the business was profitable.

After turning the short-haul domestic carrier, with its 14 single-aisle jets, into a fleet of 34 planes flying to long-haul destinations, Joyce’s leadership skills were internationally recognized, and Jetstar won the Center for Asia Pacific’s (CAPA) Low Cost Airline of the Year Award in 2005 and 2007.

Despite being seen as an outsider for the job, Joyce was appointed CEO of Qantas in November 2008.

Days after taking up the position, he was forced to deal with speculation following leaks about secret BA-Qantas merger talks. The venture was later abandoned when the two sides failed to reach a deal.

In the face of recession, Joyce went ahead with the launch of the new spacious and fuel-efficient Airbus A380 superjumbo service to London, to increase capacity.

Learn More: Top 30 Richest People In The World

Personal Life

Joyce identifies himself as a Catholic. He joined the Australian Republic Movement in 2015, which argues that Australia should become a republic with an Australian head of state instead of a monarchy.

Joyce is an openly gay man. He successfully underwent prostate cancer treatment in 2011. Earlier this month, he and his longtime New Zealand partner, Shane Lloyd, married on the rooftop of the Museum of Contemporary Art in Circular Quay. They live in The Rocks, a Sydney suburb.

Alan Joyce Quotes

So we know the technology’s possible.

– Alan Joyce

 

We don’t have the ability to do that length of duty today so you do need to negotiate that and get the regulator comfortable with it, if the business case works … (we can) put an order in by the end of this year and have aircraft arriving in 2022.

– Alan Joyce

 

We will need to work through the safety case and our requirements and then talk to pilots and regulators.

– Alan Joyce

 

If you get the best talent, the best people, the best jobs you’re going to perform better, i think one of the reasons Qantas (QAN.AX) turned it around so dramatically is that we’ve embraced diversity.

– Alan Joyce

 

In doing so, we need to re-imagine the whole travel experience. Is there a new class that’s needed on the aircraft ? What are the out-there ideas that could apply to this and really change air travel for the future ? and nothing, nothing is off the table.

– Alan Joyce

 

I don’t know if in 2022 there’s going to be another class, but if there is, Qantas is likely to be the airline that creates it.

– Alan Joyce

View our larger collection of the best Alan Joyce quotes.

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