PPRuNe Forums - View Single Post - Virgin Australia : 315 Million Loss - How long can they survive?
Old 17th Sep 2019, 02:37
  #269 (permalink)  
777Nine
 
Join Date: May 2017
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Originally Posted by Dragun
Agreed, great post. Some of the arm chair expert comments on here are unbelievable. Why do pilots think they understand how to run or manage a mulit-million dollar business any more than they think executives known how to fly a multi-million dollar aircraft? Most pilots can barely make basic investments without losing money yet for some reason we see comments on these forums over and over and over like there is an intrinsic understanding of the complexities of business. Reading a lot of these comments is as laughable as watching a bunch of 4 year olds discuss how to they're going to manage a 4 hour simulator session. Stick to what you know, admit when things are beyond your understanding and if you can't do that, read up on the Dunning-Kruger effect!
On that point, would you say that the guy that ran it for 7 years without making any money had an understanding of the complexities of business?

I don't see any issue in anyone stating their opinion, and it's up to the person reading the post whether or not they deem the post factual or just an opinion. In my opinion...
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