Originally Posted by
lucille
While all the “fat cutting” happened CEOs and senior management met their KPIs and were handsomely rewarded with 7 figure bonuses.
The airline lurched and bumbled along mainly through its own momentum. Then along came Covid, a once in a lifetime crisis / opportunity for management to exploit. And exploit it to the full, they did.
And then when the cracks first began to occur, the CEO living in some Bollinger soaked alternate universe blamed passengers for not being match fit. Truly away with the fairies.
Maybe this should the cure some of the outlandish god-worshipping about the Late James Strong - you can't go on a Qantas forum without someone singing his praises - fact is, the cost-cutting, the obscene salaries and fat bonuses, share vesting and retrenchment of expertise all started under the clown with the bow-tie. Dixon was next, but at least he had some notion of the history of the place, he allegedly threatened to walk out when his boss wouldn't shut up with the changing the name from Qantas to Australian Airlines nonsense. It's been steadily down hill from there.
The only upside is that at least the other guy didn't get the CEO job because as we saw with the competition, there probably wouldn't be a Qantas now.