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Old 28th Jul 2008, 12:21
  #93 (permalink)  
DutchRoll
 
Join Date: Apr 2000
Location: Oz
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Actually, no ElPerro, I don't have an old job I could walk back into, or at least there is no way on this planet I would even try.

There are other reasons I don't need the money from this job. Not a cent.

That being beside the point I suppose, Joyce has quite flagrantly lied to, deceived, and brazenly insulted QF mainline pilots before, and there is certainly no reason to believe that any of this will change. He is also obsessed with costs to the point that, as I alluded to previously when talking of safety, he appears blissfully happy to sacrifice anything for a short-term gain.

I remember seeing a program some years ago where a fairly well known and highly respected (and honoured) CEO of a huge, successful multinational company was talking about how he ran things. One point: cost-cutting, while necessary occasionally, is a short-term and unsustainable way of maximising profit. Another point: in industries dependant on heavy equipment, you have to continuously invest in new equipment to stay competitive.

While so far pleasing to shareholders who can see no further than this year's dividend, Dixon now finds himself in a bind. A relatively old, inefficient, and increasingly problematic fleet with a downturn on the horizon, patched up by a few purchases here and there (of vastly different aircraft types of course), substantial delays in the new hardware, an unhappy and unmotivated workforce, and with competitors chomping at his heels with shiny new efficient jets, good service and reasonable prices only kept at bay by Australian Government restrictions! If you were a stockbroker, you'd be a nut to have a "buy" advice on QAN, and Joyce is a carbon-copy of Dixon.

Dixon's legacy is going to be of a company backed into a corner - a situation Joyce is unlikely to change. Things just couldn't get any better, eh?
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