As Qantas management continue to blame everyone else except themselves for their predicament, continues to pay massively overblown salaries and accept massive pay rises to the top executives, whilst chastising their employees for dare hoping that they have a future in Australia, it's interesting that Qantas have elected to book a hall that can accommodate less than 1000 for the next agm.
University of New South Wales - Venues and Events - Sir John Clancy Auditorium
The focus over the last few days has been about legally conducted PIA by the unions and the impact to Qantas moving forward. Unfortunately, I believe, this has taken the focus away from the failure of management over the last 10 years and particularly the last 12 months to reinvigorate Qantas and it's employees.
Hard Questions need to be asked. None regarding the current PIA but more to do with the lead up to the current position. Why hasn't qantas answered the questions asked by the ALAEA regarding the position of Jetstar? Why did Qantas provide inadequate responses to AIPA when their forensic accountants wanted a closer look? Why should the redQ or whatever it's called, be leveraging its capital from qantas when that capital is desperately needed to fix the international operational.
So many more questions that the board will be attempting (read desperately) trying to avoid in providing answers. This current stoush provides them with a smokescreen that they will be trying to intensify. The smokescreen provides the cover to enable them to shift more equity off shore and enables the pigs at the trough more opportunity to gouge to the benefit of themselves.
Lets hope the real focus can be magnified upon the board and it's performance, not on the employees who have little hope of any future because they can see the management plan is full of peril.