Originally Posted by
T-Vasis
Does the board decide pricing? I thought that would be determined by the commercial team... Whilst the monopolistic cartel that is airports continue to damage airline margins through the exorbitant pricing - airports need to remember that without airlines - they have no airport (or revenue).
By most accounts Boards are made up of lazy, trough swilling fu#kwits who are the custodians of the entity so to speak. The CEO does all the grunt work and the Board sign off on it. Sometimes they add a suggestion, demand something stupid, but generally they provide little value. From memory, as an example, Angus Houston is on the VA Board. Wow! And he knows what about airlines? He left a legacy of clusterfu#ks behind him in Defence and ASA. A decorated nobody who only knows how to ride the greasy pole, ask those who served with him from the early days through to the end of his career. But like IL Deuce, organisations just line up to hire these muppets. Airport commercial people are at the bottom of the pecking order.