PPRuNe Forums - View Single Post - Virgin Blue to shed 400 jobs ....
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Old 18th Feb 2009, 01:05
  #15 (permalink)  
airtags
 
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Sub plot?

Interesting position in that VB Cabin Crew are also getting the same story and are similarly being actively encouraged to move across to V OZ....

The contradiction though is that VB management formerly advised the CC's union this week that "shortly" there will be a need to further
re-deploy "surplus" V Oz C/crew back into the VB domestic network.

Given the limited capacity of V (even with 4 a/c), one could be forgiven for thinking that the only desperate motive may be more about moving as many pilots and c/crew to the inferior V OZ T&C's as possible which of coure provide the company with a more favourable position - especially in terms of comp. redundancies.

Certainly not chicken little time yet, but what was the word Godfrey used so unwisely in the statement to the ASX.............."pragmatic" !

The proof of the bluff/high roll gamble will be the second half results - Given the conservatively forecast V OZ operating losses during Y1 to Y4 start up are;
[quote] "underwritten by VB's strong, cashed up domestic operations" ....
I expect we will see a lot more 'seat of the pants flying' from the Exec level at the bunker. (along with some very cautious qualifications to some previous CEO statements of bravado)

AT
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