Solution for Gillard to save face re Qantas
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Solution for Gillard to save face re Qantas
Buy it.
Sack the board. Sort out the issues with staff.
The money is in the bank to recoup the investment and the share price is bloody cheap.
Once it's all sorted out, refloat it.
Gillard wins and saves a public backlash. The union movement (labor) is not crushed and the board will leave for 'health reasons'
Simple.
Sack the board. Sort out the issues with staff.
The money is in the bank to recoup the investment and the share price is bloody cheap.
Once it's all sorted out, refloat it.
Gillard wins and saves a public backlash. The union movement (labor) is not crushed and the board will leave for 'health reasons'
Simple.
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Wouldn't take much to launch a takeover bid.
APA did it.......
Or put an emergency bill in parliament for compulsory purchase.
Greens would support it as would the independents and it would take a brave Abbott to go against it if it's to 'save' staff and the traveling public.
APA did it.......
Or put an emergency bill in parliament for compulsory purchase.
Greens would support it as would the independents and it would take a brave Abbott to go against it if it's to 'save' staff and the traveling public.
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Don't know if there's much stomach in the government to purchase and run an airline.
Particular private companys don't like to compete against government funded entity's, not a fare playing field. Then you have to unload it again and the investors will still see the same old problems.
Particular private companys don't like to compete against government funded entity's, not a fare playing field. Then you have to unload it again and the investors will still see the same old problems.
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Qantas compete against international airlines which are government owned and funded.
Whatever the outcome JB just got his 20% business traveller market share by default
I bet there are a few back slaps going on in the Virgin board room right now!
Whatever the outcome JB just got his 20% business traveller market share by default
I bet there are a few back slaps going on in the Virgin board room right now!
I bet there are a few back slaps going on in the Virgin board room right now!
He seems to concentrate more than AJ on engaging his staff and building a solid airline, and less on self-congratulatory board room m&asturbation.