Originally Posted by
What The
Opinion piece.
Amazing that Joyce’s last act after stealing $100 million from the company is to bring it to its knees in its Centenary Year.
Imagine if the money spent on share buybacks to inflate the share price to protect Executive wealth had been used to retire debt, buy aeroplanes and save for a rainy day.
This QANTAS executive will go down in history as the most corrupt, inept and narcissistic group in the history of the airline. They killed Ansett. Now QANTAS.
After the employees save the airline through their burning of leave and entitlements there HAS to be a clean out of the Board and Exec.
About time they were brought to account.
The current QF Management did not kill AN. Joyce was a non exec member of the company and so too were others who joined QF after the collapse. Look no further than the two main shareholders following the loss of control by Ansett himself. Both used AN as a cash cow, that was the fundamental reason for it’s eventual collapse. That reason then aided by poor management