Would certainly agree with you on top
management philosophy of profit before all
else, probably the Harvard Business School
of thought filtering through. As to statutary
management being able to solve the problem,that solution leaves a lot to be desired. It would appear that these people
once again walk away from debts to all the
smaller businesses that keep the fat cats fat
with no personal loss for their abysmal management techniques. That is not going to solve anything, and it only protects Air NZ
assets in New Zealand. Just goes to show
what bean counters can achieve all on their
own.