PPRuNe Forums - View Single Post - Private equity take-over for Virgin Australia?
Old 22nd Apr 2020, 12:22
  #146 (permalink)  
Hoosten
 
Join Date: Feb 2020
Location: Houston
Posts: 231
Received 68 Likes on 21 Posts
So, Australia can't support two full service airlines? Eff off it can't. The ONLY reason it hasn't up to this point is the complete and utter lack of CEO 'talent.' Borghetti. A vengeful little yes man, brought up in the 'Qantas culture' of fear and retribution. Can't stand the thought of someone knowing more about the business than him. Joyce, if any of you are wondering about his management competence, he had a competitor on the ropes, he could have just shut his mouth, let this crisis pass and pummelled a weakened competitor through the recovery. Instead, he had to wave his small man, small dick syndrome and tell everybody how good he was because he's got 6 months extra cash in reserve. This, not knowing whether the crisis will last past his 6 months, complete moron. Do you wonder why you haven't heard from him in the last couple of weeks?? Do you reckon he's considered who his next competitor will be?? Because one thing is for sure, there will be one, and they may just kick his small man arse.

Do you reckon he's considered there may not be any international travel for 12 months and he'll be competing with a leaner domestic carrier while his 747's, A380's, A330's, B787's are mothballed at Alice Springs? Do you reckon he's considered that when international travel resumes he's competing with US airlines that have had 6 months of multi billion dollar handouts, not only loans, but handouts. Do you reckon he's considered that his 'new' domestic competitor won't have these international problems to deal with when international travel resumes? What an 'A grade' moron. If he was so damn good, do you reckon his Board wouldn't have told him to STFU?

Whether you think Australia can 'afford' two full service airlines or not, there WILL BE at least TWO, even if it's a procession of likely suitors. Do none of you study history? Australia is capitalist, which means there will not be ONE supplier.
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