Originally Posted by
Paragraph377
The 737 operation was doomed the moment the announcement was made. Sharp can blame COVID, predatory actions by Qantas, airport fees and charges and even the weather as much as he wants to. The fact is this; it was a bad plan. A plan doomed to fail, and it is failing spectacularly. Narcissists like Sharp will always blame everybody else for their failures. It’s the nature of who they are. But a smart shareholder should be able to see through the smoke and mirrors and hold the Board Chair and CEO to account for this colossal blunder. The 737’s final flight is a matter of when, not if.
Sadly true. The business case was built around there being no VA so ZL able to move into that vacated market space like DJ did when AN collapsed 20 years ago. As soon as it became obvious that VA would survive, ZL's board should've realised their folly and folded. That they didn't is a massive failure of corporate governance.