PPRuNe Forums - View Single Post - Virgin Blue says can fend off Jetstar threat
Old 27th Apr 2004, 03:09
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TIMMEEEE
 
Join Date: Feb 2002
Location: Sydney, Australia
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Got to agree with Cactus Jack on this one.

Godfrey is the who's who of pain-in-the-arses.
Many VB drivers will attest to this - just ask the Captain he sacked for following the letter of the law !!!

I have commented about him before, but when he comes up and quotes figures he cant even justify then we know he is really under pressure.
What is Godfrey going to say?
They are going to lose market share? - I dont think so.

There is only a definitive market out there and if it cant grow at some huge rate then somebody is going to come off second best.
They're the facts of basic economics and a market reality.
So what does Brett do?
He goes off the handle and pulls some crazy figures out of his blurter.

Just look at the waning VB share price - it doesnt exactly inspire confidence from many analysts, especially from the company that underwrote their share listing no less.

As I've said about Godfrey before, time will tell whether he is up to the task.
He oversaw the stuffing-up of VB's much delayed granting of an AOC and the debacle that their engineering department has become.

Anyone can ride the gravy train folks and make the excuse of rapid expansion for certain problems, but a real manager will anticipate these problems before they become that - a major problem!!

Personally I give him 2 years tops before he pulls the pin.
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