PPRuNe Forums - View Single Post - QF Group possible Redundancy Numbers/Packages
Old 27th Jun 2020, 06:55
  #522 (permalink)  
blubak
 
Join Date: Dec 2004
Location: melbourne
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Originally Posted by CaptCloudbuster
With QF now a very different airline going forward do we need 3 CEO’s?

Surely we should make at least 1 redundant. Andrew David has been MIA (couldn’t phone in to at least 1 webinar over the last 8 weeks wtf?)
And then we have Tino, CEO of a non existent International.
Why have they ever needed 3 X ceo?
Maybe the title entitles them to more pay without being scrutinised by shareholders etc.
On the point of having large cash reserves,seems contradictory to go & mortgage every aircraft you can & then do an equity raising,paying interest on borrowed money & pushing the share price lower is an interesting way to save money.
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