The demise of Ansett was brought about by its ownership,not its management.
Its demise was also hastened by Air New Zealand who hadnt conducted due diligence adequately.
Qantas is a company run by consultants.You do not have to be a genius to cut costs by retrenching staff.
Managing the revenue base does however require some skill.Skills so far not displayed by current management.
The purchase of Airbus A330/200/300 IS a farce.It is not an aircraft designed for the purpose Qantas intended.
They were, however,cheap
QF Management have destroyed shareholder value.As has been rightly pointed out,fuel costs impact evey airline.BA management have increased revenue and profit by increasing fares.ie passing on costs to the consumer.
Fundamental business practice.
Lucius your posts could not have been written better by Dixon himself.
Why if QF is in such dire straits do incentive bonuses still continue?I would have thought that salaries were paid to individuals to do a job.Why then do they need a bonus?
While everyone else has to tighten their belts, some senior managers have splashed out on luxury vehicles like Porsches.
Totally inappropriate considering the circumstances
ENRON HIH FAI QANTAS...The perfect management Quartet