Originally Posted by
Rated De
He is certainly the highest remunerated in the Asia Pacific region.
His performance is well below his peers.
- In a decade Qantas Group revenues have fallen 5% in real terms.
- Margin growth is not structural change. Majority accounting derived change.
- Fuel price decline the major contributor to margin improvement.
- Share buy back improving key metrics like EPS.
Oh and they got a few aircraft, originally ordered by the Dame and Geoff in FY0506..
You forgot to mention outsourcing of most of the airline peripheral services and most of it's regional flying to non QANTAS group companies, sometimes below what it would really cost to maintain. Some of those contractors are skimping on EBA provisions, wonder why that would be. Also EOD and the exponential rise in deferred defects being carried on many red tailed aircraft that didn't happen once.
Anyone who thinks that is a good way to run a business is clearly in on the scam. She's gutted sadly!!