PPRuNe Forums - View Single Post - Cathay's TT got it all wrong
View Single Post
Old 13th June 2011 | 13:08
  #3 (permalink)  
Flap10
 
Joined: Jun 2006
Posts: 249
Likes: 0
From: Hong Kong
Jizzmonkey,

Too agressive you say??? You have absolutely no clue!!!!

During the crisis TT did what he had to do in order to make the numbers look as favourably as possiblte during his tenure purely to maximize his bonus. He didn't give 2 f%$ks about Cathay's long term strategy.

Ceasing all upgrades, freezing recruitment, making sim instructors redundant,and parking airplanes much too soon was a monumental f$%k up. Even before the crisis they were playing catch up, now they are so far behind their only hope is a change to AFTLs.

This isn't the first time Cathay has weathered a financial crisis, they keep repeating the same mistake over and over. I have yet to see a more inept management.
Flap10 is offline  
Reply