PPRuNe Forums - View Single Post - MERGED: Qantas grounded effective immediately.
Old 29th Oct 2011, 21:12
  #293 (permalink)  
Miraz
 
Join Date: Nov 2006
Location: Sydney
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Trading wouldn't be halted as the announcement was made whilst the market was closed, but I'm surprised that there has been no announcement made to shareholders via the ASX.

Given the lack of information disclosed to shareholders at the AGM, I should probably not be shocked.

Other flag carriers have successfully established remote hubs, and built successful businesses outside of their traditional markets without managing to alienate their workforce, passengers, general public, government and the associated brand damage in the process.

It's a pity that the current QF management team don't display the same enthusiasm for managing the airline that they currently have vs the one that the accountants and consultants have dreams about.

Best of luck to those caught in the cross-fire...
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