board with little to no airline industry experience
management continues to talk down the company to shareholders (what is the aim of that?)
restructure every year (waste of manpower and resources)
employees treated with contempt
787 goes to Jetstar first (international should benefit from fuel efficient 787s - that is, if they are struggling?)
no dividends to shareholders in 3 years
promised 'Asian' airline fails to get off ground (story sold but dismal implementation!)
ongoing staff morale issues
VA erroding all of QF's competitive advantages, one by one
not hard to see why the share price is where it is today. JB must be laughing he got the other job - clearly something much much better.
Fed Sec - the seatfactor may be good but yield could be rubbish.
International may be struggling because of clever accounting but the fuel bill for the 747/a380 is not cheap when flights are half full flying empty seats