PPRuNe Forums - View Single Post - Virgin Australia : 315 Million Loss - How long can they survive?
Old 28th Aug 2019, 15:11
  #50 (permalink)  
Arthur D
 
Join Date: Feb 2018
Location: Hyperspace
Posts: 4
Likes: 0
Received 0 Likes on 0 Posts
New guy comes in, clears the decks in the hope of setting himself up for a stellar future.
Standard CEO performance.

My only surprise is that, given Scurrah’s predecessors performance, he didn’t clear more of the decks.
750 staff is less than 10%. AJ cleared more than that in 2013 and that was from a profitable company.

Was he handed a hospital pass - possibly, but its a public company so caveat emptor. Surely he is smart enough to figure that out.

I forsee a period of pain and anguish for staff and shareholders alike.

Good Luck!

Arthur D is offline