PPRuNe Forums - View Single Post - MERGED: Alan's still not happy......
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Old 28th Feb 2014, 06:53
  #2911 (permalink)  
DirectAnywhere
 
Join Date: Sep 2003
Location: Somewhere on the Australian Coast
Posts: 1,096
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What a nothing article
Like yesterday's announcement. I foolishly expected some form of strategy to actually generate a profit, even if it did involve really trashing the place to do so. Instead, we were all provided with a number of job cuts and the cutting of one route and a terminal lease to supposedly save $2 billion dollars over three years, after $500mill in redundancy payouts!

It's hardly surprising the market trashed the share price by 9% once it became all too apparent that yes, this Emperor really has no clothes.
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