Originally Posted by
romeocharlie
You're kidding right? Spending money in a time of transition when saving is imperative. The environment dictated an increase in fares - the RASK only increased for both companies when they were both to an unsustainable point. The EPS is indicative of the bad decisions that have been made over his tenure.
777Nine pretty much covered the main points, but I'll gladly add to it.
The acquisition of Tiger
The whole Bali debacle
Running 330's from Perth to Abu - costing millions when it didn't even happen
The ATR's
The
contest of 2014 with no winners
Hedging fuel incorrectly, with the ex-head of Caltex on your board
I honestly can't believe you'd sit there and say he (and the board) have made smart decisions, while he smugly sits in Business class and asks the LA - SYD inbound crew what he should name his new P1 (actually happened) after taking a bonus when the company is making its what, 6th straight loss?
Just looking back through this thread... sorry “P1”... remind me what that is again...