Originally Posted by
Street garbage
Hey Keg, word from the Bean Counters is an additional 35 789's to replace the A330's on domestic/ Asia, ex Jstar 788's for Shark Patrol...I just wish the would order something...
And, apparently our new chairman is not a fan of our CEO, with a possible new CEO by April..but maybe I was dreaming.
You may well find Mr Goyder is not swayed by Industrial Armageddon.
He is well aware that ill founded and poorly executed 'ventures' with other'people's money didn't end well for Westfarmers.
Unfortunately despite the hyperbole the populates Little Napoleon's vernacular, there is little to show for it.
In real terms the Qantas 'group' is well behind the pack both in Revenue, NPAT, and fleet metrics. They do lead the pack in executive remuneration, by a large margin. With the brief respite in the oil price, QF has a little time, but Little Napoleon may prefer some other distraction. Isn't it contract season?
The over scale JQ operation, is an obsession to those in Coward street clinging to their IR driven model. JQ has a role and even despite their obfuscation of the JQ data it is clear that when a fleet of 120 aircraft flying 50% of the ASK of QF can only generate 25% of the revenue, that the airline is in desperate need of a new direction.
Virtue signalling won't work for ever, share buy backs totalling over $2 billion can't last for ever either Tino.
Qantas do need a new fleet.