http://www.news.com.au/couriermail/c...7-3122,00.html
RISING fuel costs and tight credit conditions pose a new dilemma for Qantas directors, who are in New York for a crucial board meeting.
Perhpas if the board met locally instead of in New York, it might help to curb costs. Also if they did away with the over the top rewards the management recieve and also the staff recieve it would go a long way towards cutting costs. Why are staff still recieving free flight or paying just 10 percent of the cost for flights when they have shareholders. Why are the staff still being given free parcels of shares every year. yes give them a discount, but dont just give it all away.
Posted by: rob of brisbane 4:34pm today
Comment 1 of 2
and then...
Sure a discount but only if Qantas can't sell it. I'd be asking questions at the next AGM why the executive members have received 15-30% pay rises every year for 8 years while staff are spoon fed 3%. Real wages for Qantas staff have gone backwards thats why the Qantas engineers are currently taking industrial action. Qantas would be in the gutter if the APA takeover was successful last year. The share price is pathetic at $3.40 odd, it was this price 7 years. I think it time the shares asked management to focus on customers and employees then profits will flow to shareholders not the contrary as this management seems to think works. Posted by: Brian Hayweather 5:35pm today
Comment 2 of 2
You are right PAF. Plenty of problems on GD dinner plate. We made be down the list as far as equity goes but we are not going away. Just keep doin' our job day in day out. No dramas. "Management has contributed more to Qantas then bloody unions" It's time they earnt their keep. The elephant in the corner can only be ignored for so long.