In almost every post I have stressed that Qantas can definitely be saved, but only if the management makes some very serious tough decisions. And now.
So far they are just fiddling.
Apart from my own sources, its pretty obvious from posts here that Qantas management has some problems in staff relations.
The reason I have posted the Virgin stats is because it is a perfect example of what Qantas needs to do. They can do it, but it will take strong and probably unpopular action.
I ask you, what possible contribution could an ex Ansett CEO have on the Qantas board? They need successful people on the board not proven failures.
Attacking me will not do your cause any good. Wrong target.
Yesterday I heard the leader of the transport union as good as saying that he would not stand for any major changes involving employees. He can say that, he will not lose his job.
What you have overlooked is that every single Qantas shareholder, including the biggest, are currently losing money on their investment. There are plenty of major Australian companies, that have doubled in price in the last year. Ask yourself, if you were running a big investment bank and losing millions in your Qantas investment, what would you do when you have shareholders to account to and other secure investments are there for the taking?
What would Richard Branson do?
You haven't used any real facts or statistics, its all just your own opinion which is clearly very negative.
I've seen it all before. The ultimate fate is in the hands of the share market. Yes, its negative now for a good reason. But it can be changed. Whingeing won't do it, begging for handouts won't do it. Only decisive action will.
My opinion is that a much slimmer intensely focused board and new CEO can do it. But that needs to happen right now.
No, I've never worked for Qantas, and I want to see the changes happen.
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