Originally Posted by
Tuck Mach
- Alan Joyce started as CEO Qantas 28 November 2008.
- Qantas for the FY2008 carried 458,182 passengers to the UK.
- Qantas carried FY2016 carried 281,365 passengers to the UK.
Fair suck of the sav, they were "low value customers" - any bean counter will tell you they only want "high value customers"
Seems to be an endemic problem actually, beancounters driving companies into the ground to provide better shareholder value.
Short term thinking, Of course these people won't be around to pick up the pieces, when the company goes bankrupt.