Mr Buchanan, who has been with the Qantas’ budget offshoot since its creation in 2003, oversaw the development of its long-haul international services. He will take on the position from October 1.
“Bruce has a proven track record in delivering profitable growth through his current responsibilities as group general manager commercial for Jetstar, and his appointment will ensure continuity,” Qantas said in a statement.
He told The Sydney Morning Herald that he learned about his promotion at a meeting with Mr Joyce.
“I had a session with Alan over dinner and then a call from Geoff at the same time, and that was how I was told. It’s all new to me. I’m just settling in at the moment,” he said.
In preparation for the CEO succession on November 28, Qantas has shuffled its management team, poaching Lyell Strambi, chief operating officer of UK’s Virgin Atlantic Airways.
Mr Strambi will take on the newly created role of executive general manager operations at Qantas from December 1, and will be responsible for its engineering, pilots, airports, catering and flight-training branches.
He has previously worked with Qantas’ soon-to-depart CEO Geoff Dixon and Mr Joyce at Ansett Airlines,
“Lyell brings a wealth of experience gained over more than 30 years as a key airline executive in both Australia and Europe,” the comapny said.
Under the new management structure, the company’s executive general manager engineering David Cox and executive general manager services Curtis Davies will report to Mr Strambi.
John Borghetti will remain in his role of executive general manager, overseeing sales, marketing, scheduling, network, the customer experience and QantasLink.
The restructure followed the departure of chief financial officer Peter Gregg, who resigned after missing out on the top seat. He is replaced by his deputy Colin Storrie.