but there's insurance for that
The problem with outsourcing is that control of process is lost.
Whilst it is low fruit to the accountant to sell what was once owned, there are sound process control reasons for it. Qantas catering was low fruit, William Meaney was involved in the stripping of Swiss Air and its catering, selling Gate Gourmet to TPG (Texas Pacific Group) with whom he still has connections...Isn't he leaving the board now?
That ‘de-risk’ worked so well when one blew up on the wing of an A380 ex SIN. Not sure it worked real well for predictability of spending after that either.
Keg is absolutely correct. No one remembers that it was a Rolls Royce Trent 900. The media splashed pictures of a Qantas logo, not RR. Lovely Olivia was busy defending Qantas, not Rolls Royce.
Mr Joyce made reference to the 'responsibility for the engines not being a core responsibility of Qantas'. Nice Alan, real modern corporate speak. Had it ended worse he would have increased the private security detail to keep him safe.
Qantas still need a new fleet