If QF international is really losing $450M per year, do you think adjusting the S/O pay rate will make much of a difference?
Current management look at revenue vs cost and think the only thing they can control is cost. After looking at aircraft costs and fuel costs the only thing they think they can do anything about is staff costs.
They forgot about revenue.
If you build a premium product, they will come.
Time they had a tour of the BMW and Mercedes Benz offices.
Last edited by HF3000; 9th Aug 2012 at 15:04.