The Chairman's Lounge

The inside story of how Qantas sold us out

About The Book

Qantas had the loyalty of a nation. Then it cashed it in.

For decades, Qantas was Australia's most trusted brand—a company customers loved, employees were proud to serve, and governments were eager to support. Under CEO Alan Joyce, it became one of the country's most celebrated corporate success stories.

Then came the scandals.

As the pandemic reshaped the aviation industry, Qantas emerged as a company increasingly focused on protecting profits, executive bonuses, and its share price. Customers faced cancelled flights, unusable flight credits, deteriorating service, and mounting frustration. Workers were made redundant. Billions in government support flowed into the business. Yet those in charge continued to wield extraordinary influence over boards, politicians, and regulators.

How did it all go so wrong?

In The Chairman's Lounge, award-winning journalist Joe Aston delivers the definitive account of the rise and fall of one of Australia's most iconic corporations. Through insider interviews, exclusive revelations, and years of investigative reporting, Aston uncovers how power, money, and political influence combined to create one of the most extraordinary corporate failures in modern Australian history.

At the centre of the story is Alan Joyce—a leader once hailed as a visionary, whose reign ended amid public outrage, relentless scrutiny, and a dramatic collapse in trust.

Sharp, revealing, and impossible to put down, The Chairman's Lounge is more than the story of an airline. It is a gripping exposé of corporate power, political influence, and what happens when a company believes it is too important to fail.

If you've ever wondered what really happened to Qantas, this is the book that tells the full story.

About The Author

Photograph © Stephen Blake

Joe Aston is one of Australia’s most influential commentators on business, finance and politics. For 12 years he struck fear into the hearts of the nation’s political and corporate leaders with his must-read column Rear Window in the Australian Financial Review. He interrogated some of the country’s biggest business stories including Rio Tinto’s Juukan Gorge scandal; CPA Australia and its Naked CEO Alex Malley; and the decline and fall of both Magellan Financial Group and Qantas. In 2023, Joe and his AFR colleagues won a Walkley Award for their coverage of the PwC tax leaks scandal. AFR editor-in-chief Michael Stutchbury says Aston ‘turned a gossip column into a form of journalism like never before seen in Australia, and arguably the world.’ Joe resigned from the AFR in October last year. He lives in Sydney.

Product Details

  • Publisher: Simon & Schuster Australia (October 28, 2024)
  • Length: 368 pages
  • ISBN13: 9781761429774

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Raves and Reviews

'Riveting'

Leigh Sales 

‘A masterclass in investigative journalism and a gripping, must read. Aston's blistering exposé of Qantas is a scathing, unflinching takedown of greed, delusion and a shameless abuse of power, both jaw-dropping and brilliantly incisive.’

Adele Ferguson

‘A cracking read … Joe Aston is a once-in-a-generation adornment to business journalism with fearless resolve, razor sharp intellect and remarkable writing skills.’

Hedley Thomas

‘Helmets are required for this book, the zingers never stop.’

Kate McClymont

'A remarkable corporate tale of how an attempt to turn a crisis into an opportunity backfired spectacularly ... perfect airport reading.'

Financial Times

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