Qantas: Will the 'smart' money sink?

Airlines seduce even the smartest minds. This is one case where following the smart money may be a stupid mistake, explains Gareth Brown.

The Flying Kangaroo is back in the news. According to The Australian Financial Review, former Qantas finance chief Peter Gregg and Mark Carnegie—backed by a disparate coalition that includes former Qantas chief executive Geoff Dixon, John Singleton and Lindsay Fox—are agitating for change, including an overthrow of current chief executive Alan Joyce.

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