Romulus and Sunfish are spot on!
The glitter has well and truly worn off the the QF turd. Add into the mix QF's arrogant behavior in getting rid of experienced staff, offering up ****ty old international fleet, woeful service, long gone safety record, a management team who for 3 years has remained focused on bonuses, payrises and pinching from the cookie jar and in the process has let the world slip right on by, a pathetic amateurish
PR department, grounding of a perfectly able airline for no logical reason, a lack of understanding and experience in business structure/planning/redundant plans/and a ridiculous strategy of dominating China and you have a good foundation of why the shares will be $1:00 or less by mid year.
Oh did I forget insolvent banks and entire countries heading into bankruptcy hence the reluctance and in most cases inability for anyone to fund QF's fanciful fleet fantasy, high risks with bugger all return on investment, a management and board structure that is made up from incompetents, weasels, mates, idiots, and a mixture of leeches and non productive lard arses and you
can see why the once great airline is as desirable as finding a condom in a jar of mayonnaise!
And forget Fyfe, he bails at the top of his ANZ career, he can see the financial ****storm coming, bail out now while atop of the roller coaster as it's a downward curve from here.
Anybody 'living the fantasy' that the once mighty Roo will see much much better days any time soon needs a lobotomy. QF has entered a 'perfect storm' where company structure, management, strategy and world finances have all combined together. This ride is far from over, and even if Joyce and his marauders were all flushed out with the rest of Sydneys effluent it would not
prevent QF's slide south south south.
'What to do what to do' ??? C'mon Alan what's your next roll of the dice, what are you doing to mitigate the great brands decline? Who will you blame now - the poor nightshift cleaners or the bloke picking up cigarette butts outside the valet parking area? Will you call on the 'good will' of the staff to help bail you out? I know i know blame the unions, blame God, blame
everybody/everthing/everyone except YOU.
Tick tock