QAN 0.80% $7.42 qantas airways limited

qan - comments from an expert, page-29

  1. zen
    4 Posts.
    dbl21
    mate you're delusional at no stage have the unions offered a credibal alternative option for the future of qantas however just want to aggrovate and delude the public that all is dandy and that shareholders should be content with earnings before tax of $100million which is unsustainable for the amount invested in the business.
    At every stage of qantas' restructuring progress aimed at improving the company's competitveness and profitability has been met with opposition from unions trying to hold the company back in its unsustainable present. The maintenance of aircraft is just one of these examples where they draw the saftey card and say the world will cave in if these aircraft arn't unecessarily checked. It defys the basic economic principles of allowing firms to restructure to increase efficiency.
    Irrespective of this I believe in terms of its focus on asia qantas is on the right path however if management and staff keep opposing each other at every step the hosility could be the end of the company
 
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