PPRuNe Forums - View Single Post - Qantas Announcement: 28 AUG 14
View Single Post
Old 29th Aug 2014, 22:35
  #92 (permalink)  
Arnold E
 
Join Date: Jul 2007
Location: Australia
Age: 74
Posts: 1,384
Likes: 0
Received 1 Like on 1 Post
I am afraid unless they remove Joyce and the Board Qantas with the blood sucking leech Jetstar will continue to loose money!
Lets face it, Joyce is not going to go, why would he? in the last 6 years he has taken $22.2m out of QANTAS. Will the board sack him? well,no, the reason being that they would then have to admit that they were wrong not to get rid of him years ago. So I think you will see all the current players there while there is still money to be bled out of the organization into there pockets.
Oh and the investors, well why should they care? the majority of them are institutional investors who are playing with "your" money, not their own.
Arnold E is offline