Private enterprise is often not what it is cracked up to be - just look how many companies promise the world only to exhaust shareholder equity & then disappear into the capitalist ether.
Let's not forget that it was 'private enterprise' amidst poor government regulation that delivered us the GFC - as shown in the 4 part series, 'MELTDOWN':
In all fairness to Qantas though, on international routes it is competing against some companies that are either government backed or which have received government bailouts.
People who invest in companies are also entitled to expect a fair return, of course as we all know many ASX listed companies disappear every year, with shareholders taking the hit & workers losing those jobs.
I always associated flying Qantas to mean world best pilots, world best service, world best safety & world best reliability. That is NOT Qantas today & certainly NOT what will eventuate under management proposals.
Perhaps its time that Alan Joyce & his Board thought long & hard about what the travelling public expects Qantas to be - if that equates to fewer & more expensive flights then so be it! Back to the basics that made Qantas the brand that it used to be!
