Australia

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Qantas announced his early departure saying Mr Joyce would bring forward his retirement by two months to help the company "accelerate its renewal".

"In the last few weeks, the focus on Qantas and events of the past make it clear to me that the company needs to move ahead with its renewal as a priority," Mr Joyce said in a statement.

"The best thing I can do under these circumstances is to bring forward my retirement and hand over to Vanessa and the new management team now, knowing they will do an excellent job."

This news of Mr Joyce's departure comes less that a week after the competition regulator launched legal action against Qantas for allegedly selling tickets to flights that had already been cancelled over a three-month period in 2022.

Qantas chairman Richard Goyder thanked Mr Joyce for his service, saying his decision to bring forward his retirement showed he was putting the company first.

"We have an important job to do in restoring the public's confidence in the kind of company we are, and that's what the board is focused on, and what the management under Vanessa's leadership will do," he said.

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