Originally Posted by
Variable Incidence
I’m no expert and posted my first comment as an interesting inside take on some of the actual ‘business’ figures.
A great airline sadly is often not a good, well run business!
But, there’s a little more to it than redundancies being responsible for those figures. Wishful thinking perhaps?
I wish you well, and for the record do not want to see Virgin fail or it’s employees lose their jobs by being collateral damage of poor management and big egos! Merely wondering if PS is really the right man to stay at the helm!
750 staff at and average of 50,000 redundancy ( conservative. Probably more) is $37.5M
if the labour costs only increased by $6M in that same time then, well you do the maths