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Old 21st Dec 2012, 08:59
  #4615 (permalink)  
Landflap
 
Join Date: Aug 2007
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Mr Mahdi showing lack of economic reasoning. Increasing prices on popular routes will drive away customers faster than Louis Hamilton at the reins ! Axing routes with low customer interest is a good move in the current climate. Buba, were the routes you mentioned popular ? JH did the right things at that time. Liquidating & making the books look good was a reasonable move. Hedging fuel prices ws brilliant but he was not allowed to do so. Cutting costs was a prime motivator but when prevented to do so by the corrupt, he started to give up ! Oh & on the severance issue; expats were never offered a package. Everyone would have left if they had ! No, again, it was for locals only & the smart ones did the math, left & now run successful small businesses up & down the King Faisal highway !

Same old. Inept management.Corruption still rife. Because of "wasta", wrong people in the best jobs.
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