Originally Posted by
1a sound asleep
Many forget that JB has saved VA. IT was a LCC that was floundering. It has taken lot of time, effort and cash to transform it into a full service airline.
Mistakes include some issues with fuel hedging and perhaps some poor fleet choices. Some of these issues he inherited.
SQ owned 49% of VS. Do you really think they have the required $1B to invest in VA? Both SQ and EY are busy with their own issues
Who is hiding in the bushes. DELTA. They already bought SQ's 49% of VS. VX is on the market (as of last week)
Watch out for the Delta controlled Virgin Airline Group. Cashed up and ready to pounce
That is absolute rubbish. Speak to any staff member and they will tell you he has destroyed it. Some of the people he has brought in (with a few exceptions) are incompetent or do not inspire any confidence. The mark of success and progress at VA is the number of times 'going forward', 'reaching out', etc. can be worked into the conversation... 'let's talk about x y or z and 'what that looks like' or 'we need to discuss the xyz 'space'... maybe it's throughout business but some people I have spoken to say most meetings are dominated by this garbage and very little is achieved. Anyone with any talent is driven out. This appears to be replicated in some of the companies that have been taken over with good people leaving as a result. The depth of expertise present even in QF and NZ and other airlines is not present, hence solutions to airline 101 problems are complicated, onerous and laughable. From what I've heard from friends in New Zealand, there is also significant frustration from NZ regarding VA's belligerence in refusing to accept industry norms for the exchange of passengers in disruptions, apparently often NZ just gives its passengers to QF in disruptions rather than have them go back and forward between VA and NZ while they argue over standard paperwork. It's a complete and utter mess by all accounts, budgets do not get met or are unrealistic, technology that could help is purchased then abandoned short-shortsightedly at the first financial blip, managers don't get reports on their budget and P/L which is unheard of in other airlines. Godfrey was a respected person and leader, he navigated to profitability and many wish he would return. What JB has done, billy the blind man's dog knows was obvious, just not with the obscene cost.