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Old 31st Jul 2001, 18:33
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america's cup
 
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....and this is the challenging and rampant airline that went also into the Stock Exchange with a very big advertisement campaign?....but please....
The real big problem with 90% of italian airlines is with their managements...am I too conservative with this figure?...
I doubt that those people would be even able to run profitably an outlet at the fruits and vegetables market around the corner.
"O pesce puzza da' capa", they say in Naples (=fish stinks from his head) cannot be more true!
Investors, before filling up such positions, should, at least, look at the history of those individuals and less to their "MBAs"....there are so many cases of people being appointed to those seats who have a professional story of disasters with other airlines (very likely with their pockets very full). Still they get into it.....this is really unbelievable... so, except them (managers)everybody loses: investors, employees and customers.
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