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Old 17th Jul 2011, 04:36
  #80 (permalink)  
surfside6
 
Join Date: Oct 2004
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Dick Buys The Lies

You were somewhat selective in your response Dick.
The likelihood of Pilot PIA has been on the cards for months.
You need to look at the evidence regarding Qantas Mainline profitability.Something doesnt add up but you choose to ignore this and buy the "sky is falling spin"
Where does Jetstar get $500 mil to expand?.Who does its fuel hedging?
The money comes from somewhere.Jetstars cost of capital would be a lot higher than mainline
Big sister is diverting a lot of capital to its little brother.No wonder mainline is not investing money in its languishing product.
Cost cutting has reached critical mass where it has eroded the customer base
So offshoring is now the saviour.
Lobby the government and seek to change the aircraft depreciation schedule changed.
If and only if mainline is losing money then the responsibility for this must be sheeted home to management.Again the workforce pays the price for management incomptence.
Calling the pilots who have saved Qantas aircraft on more than one occasion "kamikazes' is repugnant.
Dick you need to do a whole lot more critical research before you start agreeing with the Qantas management solutions
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