Qantas' outgoing CEO Joyce sells $11.3 mn of shares in the airline

Australia's Qantas Airways' outgoing CEO Alan Joyce on Tuesday sold A$16.9 million ($11.3 million) of shares in the airline, ahead of his retirement in November. Joyce, who served as the airline's CEO for around 15 years, has offloaded 2.5 million shares for A$6.75 a piece. He is now left with a holding of just 228,924 shares in the company.