Ben has his finger on the weak pulse of the flying roo..
Planetalking "Qantas debate avoids the tough questions":
Postscript Tony Webber, an informed and always interesting commentator on matters Qantas, as a former Qantas Chief Economist, lost it on ABC News 24 this morning when he said that Singapore Airlines, Emirates and Etihad ‘don’t have the same profit requirements’ as Qantas.
That is completely untrue. Webber cannot fail to be aware of the corporate pressures on each of these carriers, nor the public record statements made by their senior executives, nor the assessments circulated by investment houses, nor the clear evidence that Singapore Airlines had recently lost the plot, and come under intense pressure to reform its attitudes and business model, a process which doesn’t quite appear to be complete despite some earnest efforts by the current management of this listed company.
Qantas in many respects, is less a special case than it pretends, and more a company where the quality of its management and its engagement with its staff is a real, and unfortunately damaging, factor in its performance.
Full article here:
Qantas debate, post share plunge avoids the tough questions | Plane Talking
...Steve when is the board going to wake up and smell the roses??
How long before the situation becomes terminal or is it aleady there?
