Alan Joyce has been handed a lemon
He has reduced cost over the last ten years by 20 %. Of those ten years 9 have been in profit.
Qantas has 56 EBA and 14 unions to deal with. They are not playing on a level playing field.
QAN main competition is supported by foreign governments.
AJ is doing the best he can and with this latest plan may finally turn things around.
Add government providing the right framework to grow business development and lower costs like the carbon tax and then finally QAN may be back in the black.
alan joyce, page-21
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