It's one thing to hedge fuel - it's another to do it so late in the game at a level significantly higher than others - the other 'miscalculations' again prove that fiscal responsibility and governance are not attributes of Godfrey & the
VB Board.
I have a family member who next month has been forced onto leave without pay ....in order to help "save the business".......
In receiving this news she also rec'd yet another "message from Brett" playing down the company's financial situation. Then she had the delight of watching the ferret Branson chirp in with his mindless meanderings ....[quote] ..."what recession"
To top it all off, while
VB drivers and crew are hammered daily about cost cutting, taking leave without pay and the need for financial prudence ahead of more big losses - Godfrey & Co are spending up big hiring Cockatoo Island in SYD for a launch party tomorrow night.
Maybe the first of the 400 to go should be Godfrey.