Andrew David to COO
Interesting move, Borghetti sacked him twice. Once from Virgin and once from Tiger, and he didn't waste any time doing it either.
What a change of fortune where Qantas are employing failed execs from Virgin. Who would have ever predicted that?
This self destructive path Joyce is on really is going to destroy some lives and families before it is over and feel for those families, it is a f*%#en tragedy.
I recently dusted off Gordon Bethune's account of turning Continental around and how quickly he did it by engaging staff. That was a business that had only weeks to avoid bankruptcy. He asked staff to forgo pay-rises too, but in return he instigated profit share schemes and promised (and delivered) industry leading salaries when the business returned to profitability.
Stark contrast to Joyce's plan to return to profitability. And Qantas is in nowhere near as much trouble as Continental was.