PPRuNe Forums - View Single Post - Roll up, roll up, for Bain and Jayne’s pea and thimble trick
Old 14th Apr 2023, 02:17
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ebt
 
Join Date: Feb 2006
Location: Perth
Posts: 239
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The original piece that Aston references was a pure glow-up for Bain Jayne. It portrayed her as the slayer of costs when in reality Scurrah started that process off before he was knifed by the new owners who wanted Jayne. The Administrators were able to cut the debt and hand Bain a trim, taught and terrific profit machine. Thanks to the demand conditions being so much stronger than anticipated post-Covid, they now look set to make a motza by selling at the top - or close to the top - of the market.

And as Joe rightly points out, those managers who are pumping it up and rode the wave, while keeping quiet and letting Qantas take the heat for delays, cancellations etc, will f--- off in a few years, having done nothing to build a culture of long-term success. Rinse and repeat.
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