PPRuNe Forums - View Single Post - Qantas and the 787-900
View Single Post
Old 16th Feb 2015, 16:49
  #160 (permalink)  
busdriver007
 
Join Date: Aug 2006
Location: Sydney
Posts: 298
Received 0 Likes on 0 Posts
He is paid more than everyone in the industry bar no one! $2.2 billion write down that should have begun in 2006 but someone wanted to sell the company! Fixing his own mistakes, costing shareholders $1.6 billion (according to the former CFO)in the Jetstar misadventure! By the way how's JQ Hong Kong going? Australian Shareholders need to do a bit of due diligence. BTW he had a chance he had the chance to fix "outdated work practices and uncompetitive labor costs" and he blew close to $700 million doing it and what happened, nothing! Negotiations is a two way street! If Qantas had the Southwest ratio of staff/aircraft then it would employ 17000 people. The thing is operational people fly aircraft and make money. Management in this outfit have lost it!
busdriver007 is offline