Quote:
Any rational person looking at the competitive dynamics and cost relativities in international aviation and how they impact on Qantas could only conclude that without drastic change Qantas’ international business is unviable and the odds against a successful salvage operation are daunting.
Could he be talking about management salaries?
Highest airline executive salaries in the world? Highest paid Board of Directors of any airline in the world? Highest management to employee/airframe ratio of any airline in the world? More CEO's than any airline in the world? More management consultants than any best practice company in the world?
How about management practices?
The only airline to actively pursue a strategy of a low margin subsidiary canibalising the high margin parent? Poor fleet choice? Ageing fleet? Complex fleet mix? One of the worst employee engagement performance records ever, no probably THE worst? Employee underutilisation, woeful employee productivity management? Dismal industrial relations performance? Utter contempt towards passengers, woeful public appearance skills, poor marketing? Declining safety record, declining earnings, declining route network, decline service rankings, declining brand management/reputation, historical low share price.........