PPRuNe Forums - View Single Post - Luxaviation cash flow issues
View Single Post
Old 26th Oct 2017, 07:35
  #8 (permalink)  
Sheikh Zabik
 
Join Date: Apr 2004
Location: Timbucktoo
Posts: 79
Likes: 0
Received 0 Likes on 0 Posts
the evidence ( certainly in the UK) seems to be that this Lux buying orgy has achieved the sum total of less than nothing if measured in term of customer experience and workforce motivation/contentment.
It is quite obvious, judged by the mass exoduses from LEA and Execujet of senior highly respected managers as well as very large numbers of their most experienced pilots and operations staff ( certainly from LEA) that Lux has totaly failed to connect with or inspire them as to what their vision or direction of travel is.

The situation is now made significantly worse because, without any discernible help from Lux, management is left to those without experience or , frankly, ability to muddle on with it. As a result, Morale is lower than it has ever been.

The generally accepted wisdom is that the only plan Lux had was to spend gazillions buying up and packaging/ rebranding huge numbers of operations worldwide then sell their shiny branded product with trumpets blazing on a public floatation for vast profits for their bold investors....( who exactly are they..������......??????)

Lux are like an invading army that wins the war with overwhelming fire power ( in their case money) but looses the peace in the ensuing chaos ( because the good guys all left)

If their grand project goes pear shaped.....then it will be another lesson hard learned that those who try to reinvent the wheel always fail.

And, who pays the price? The poor bast£&@s who work on the coal face.

But WTF do I know?!
Sheikh Zabik is offline