Is it Alan Joyce, or is someone else the "Bain" of Qantas - someone who has been here before and nickle-and-dimed another Australian airline to death
In May 23, 2011 Scott Rochfort of the Sydney Morning Herald had this to say
The airline, which for years has used Boston Consulting Group, is rumoured to have invited Bain & Company into its offices to prepare a few pie charts.
The appointment of Bain is not likely to go down well with Qantas's heavily unionised workforce. The blurb on the management consultancy's website notes: ''In this challenging environment, airlines can take steps to improve their business - but it requires decisive action.
''Bain's approach to consulting - focused on strategies with the highest impact and effective implementation - is well-suited to the airline industry, where there is no time to waste.''
Bain boasts that the returns of its airline clients ''have outpaced the S&P by 4 to 1''. Bain might be able to apply some of the expertise it built up helping the now defunct Ansett.
''Bain's expertise in airline consulting includes work in strategy, mergers and acquisitions, turnarounds, fleet and network optimisation, pricing, labour relations, operations restructuring and business plan formation,'' says the website.