Originally Posted by
occasional
Because if a fund manager can make 7% rather than 6% this year they may get paid a substantial bonus, whilst it is irrelevant that the company goes bust in 5 years time - by that time the manager will probably have moved on.
Respectfully, I disagree, the thread was about Management decisions within the Airline, Fund Managers don't make Operations or strategic decisions for an Airline. They rely on the Airline Mgmt to make the right decisions. Agreed theses decisions will have an element that is driven by profit, but the fund manager doesn't decide to drop the now legendary breakfast!. That is driven by Competitive landscape, and the customer preferences.