Alan Joyce Net Worth 2022, Age, Husband, Partner, Height, Family, Parents, Salary

Alan Joyce net worth

Read the complete write-up of Alan Joyce net worth, age, husband, partner, wife, children, height, family, parents, Qantas, businesses, investment as well as other information you need to know.

Introduction

Alan Joyce is an Irish businessperson. He is the chief executive officer (CEO) of Qantas Airways Limited. On 24 June 2011, 1-day after that Senate Inquiry ended and notably 1-week before Tiger Airways was grounded on its low-cost pilot training, the Sydney Morning Herald reported, “QANTAS and Jetstar intend to press ahead with their plans to fast-track relatively inexperienced co-pilots into airliner cockpits, despite a parliamentary inquiry yesterday finding against the practice.”

Biography

NameAlan Joyce
Net Worth$30 million
Salary$8 million
Net Worth 2021$23.9 million
Height1.83m
Age55 years
Alan Joyce net worth 2022

Alan Joseph Joyce, AC was born on June 30, 1966 (age 55 years) in Tallaght, now a suburb of Dublin, Ireland. His mother was a cleaner, and his father worked in a tobacco factory. Joyce attended secondary school at St Mark’s Community School in Springfield, Tallaght. Joyce attended the Dublin Institute of Technology and Trinity College, Dublin. He graduated with Honours, receiving a Bachelor of Science degree in Applied Science (Physics and Mathematics) and a Master of Science degree in Management Science. He is a Fellow of the Royal Aeronautical Society.

Career

Alan Joyce commenced work at Aer Lingus, the flag carrier of Ireland in 1988. He held various positions in sales, marketing, information technology, network planning, operations research, revenue management and fleet planning. In 1996, he resigned to join the now-defunct Ansett Australia. In 2000, Joyce joined Qantas. At both Ansett Australia and Qantas, he headed the Network Planning, Schedules Planning and Network Strategy functions. Joyce was appointed CEO of Qantas subsidiary Jetstar Airways in October 2003.

CEO of Qantas

Alan Joyce became CEO of Qantas on 28 November 2008. He is a former Director of Orangestar Investment Holdings Pte Limited (holding company of Singapore-based Jetstar Asia Airways and Valuair) and Jetstar Pacific Airlines Aviation Joint Stock Company (in Vietnam). On 29 October 2011, as a result of continuing industrial unrest following the announcement of job losses and structural changes at Qantas, Joyce grounded the entire Qantas mainline fleet.

The Australian named Alan Joyce the most influential business leader in 2011. Yet a poll following his controversial 2011 grounding of the Qantas fleet showed the action has increased negative public perception of the airline. In 2011, Joyce’s remuneration was increased 71 percent from $2.92 million in 2009–10 to $5.01 million and he was granted 1.7 million Qantas shares under a long-term incentive plan. His reported comments that his salary was “conservative” were criticized by the Australian and International Pilots Association (AIPA).

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In May 2019, Joyce committed to three more years as the chief executive of Qantas. In response to the COVID-19 pandemic, Joyce gave up his salary for the rest of the financial year. On 9 May 2017, Joyce was delivering a speech to a business breakfast event in Perth, when a lemon meringue pie was pushed into his face by an unknown assailant, later identified as Tony Overheu, a Western Australian farmer and Christian.

Tony Overheu, aged 67, gave a false name to police after the incident, but subsequently apologized for humiliating the CEO claiming that he pied the business figure due to his own personal belief that Joyce had overstepped the line in his gay marriage advocacy and the assailant’s response simply reflected community push-back. Overheu was later charged with common assault, trespass, damage and giving false details to police. Along with being banished from his church, he was also banned from flying Qantas (including Qantas’ partner airlines).

Overheu appeared before Perth Magistrates Court on 7 July 2017, pleaded guilty to charges of assault and trespass, damaging the lapel microphone Joyce was wearing, and giving a false name to police after the incident. Overheu was fined $3,600, as well as ordered to pay $269 in compensation for the lapel microphone and $188 in costs. Overheu’s lawyer said his client had had “physical and personal difficulties” in recent years, including mental health issues.

Alan Joyce supports the LGBTI community and personally donated $1 million towards the campaign to legalize same-sex marriage in Australia, which facilitated his own marriage in 2019. Joyce is the patron of the Pinnacle Foundation, an organization that works with, “disadvantaged and marginalized LGBT Australians”. For his work, he has been recognized on a global list of LGBT executives. As CEO, Joyce has pledged Qantas will “continue social-justice campaigning”.

Controversies

In 2010 Independent Senator Nick Xenophon announced Alan Joyce was calling a Senate Inquiry on Airline Safety that focused` on low-cost airline practices. He simultaneously called Alan Joyce to attend over a 2007 incident where a Jetstar A320 had accidentally come within 11-metres of the ground when Alan Joyce was Jetstar CEO.

On 17 September 2010 “The Australian” reported, ‘’INDEPENDENT senator Nick Xenophon will push for an urgent Senate inquiry into Australian aviation training and standards. This comes after a warning of a “race to the bottom” that has seen required flying experience for airline pilots plummet. Senator Xenophon also called for Qantas chief executive Alan Joyce and the airline’s head of safety, John Gissing, to appear before a Senate committee to explain the circumstances behind a 2007 Jetstar incident in Melbourne…”

On 25 February 2011, at his first hearing at the Senate Inquiry on “Pilot training and Airline safety” starting at 9am, Alan Joyce insisted safety was aligned in the Qantas Group. He closed his prepared opening statement with…. “Let me make this clear: at Jetstar there is no compromise on safety. The budget airline model does not require it, and we would never accept it. Qantas and Jetstar have different brands, but are completely aligned on safety. We would never compromise that. Thank you.”

However, this contradicted an ATSB report finding released 1-month earlier on 27 January 2011, and further aired that same day by general media, on a 2009 Jetstar A330 Incident, JQ Flight 12, showing ATSB had found and fixed a systemic training deficiency in Jetstar due to its low-cost training policy, which wasn’t in Qantas mainline.

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That training deficiency began in 2004 when Jetstar began using Airbus aircraft, A320s, together with a standard low-cost airline practice of using outsourced pilot-funded training in this case provided by Boeing who as a training provider couldn’t access genuine updated Airbus Pilot manuals hence Jetstar A320 & A330 Airbus pilots for many years paid over 30,000 dollars upfront for deficient pilot manuals and related deficient simulator training.

In stark contrast, ATSB found the training deficiency was not in Qantas mainline using Airbus aircraft, A330’s, since 2002 and using genuine latest edition Airbus manuals directly obtained from Airbus Industries as their airline customer, with a standard policy of providing free internal training.

ATSB also found the 2009 JQ 12 A330 Incident with 214 people aboard that exposed the deficiency, encountered “unreliable Airspeed Indication” replicating the deadliest Airbus crash, Air France 447 an A330 with 228 fatalities, only 4-months earlier, after the same inflight icing conditions. In the Jetstar JQ 12 incident Jetstar’s training deficiency left only one of the 2 pilots onboard trained for that specific emergency procedure but done by Airbus “years ago” when working for another airline, who then performed it. In the case of Air France, 447 BEA later found the specific emergency procedure wasn’t performed.

Honours and awards

Alan Joyce was named a Companion of the Order of Australia, Australia’s highest civil honour, in the 2017 Queen’s birthday honours list. This honour was awarded for “eminent service to the aviation transport industry, to the development of the national and international tourism sectors, to gender equity, inclusion and diversity, and to the community, particularly as a supporter of Indigenous education”. The Australian named Joyce the most influential business leader in 2011. Joyce is an Ambassador of the Australian Indigenous Education Foundation (AIEF).

Husband

Alan Joyce is married to Shane Lloyd in 2019. Joyce and his husband are openly gay. On 2 November 2019, he and his long-term New Zealander partner, Shane Lloyd, married on the rooftop of The Museum of Contemporary Art in Circular Quay. The couple lives in the Rocks, an inner suburb of Sydney, Australia. In 2011, he was successfully treated for prostate cancer. Joyce identifies as being Catholic. In 2015, he became a member of the Australian Republic Movement, which argues that Australia should replace the monarchy to become a republic with an Australian head of state.

Alan Joyce net worth

How much is Alan Joyce worth? Alan Joyce net worth is estimated at around $30 million. His main source of income is from his career as a business person. Joyce salary per month with other earnings are over $8 million annually. His successful career has earned him some luxurious lifestyles and some fancy car trips. He is one of the richest and influential businessmen in Ireland.