VA big loss
Reading peoples mail in the mail room doesn't qualify one to lead an airline>>
Reading this suggest some major structural and business decisions went haywire. I note that those who created the "bad scene with too many types" are now the ones attempting to fix it!
http://australianaviation.com.au/201...osting-demand/
Reading this suggest some major structural and business decisions went haywire. I note that those who created the "bad scene with too many types" are now the ones attempting to fix it!
http://australianaviation.com.au/201...osting-demand/
Last edited by TBM-Legend; 8th Aug 2016 at 05:58.
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Owned by Arab and competing Chinese companies, neither of whom are known for their empathy towards their workers. Fingers crossed a right wing Australian government with a 1 seat majority doesn't hide under the covers forever. I also believe in flying pigs and Santa..
Unfortunately employees will be mere pawns in what is going to play out here. Executives looking for a parachute and legacy to hang their resume on won't be doing more than the bare miminum for people they are supposed to be leading. Corporate greed 101. Make the employees pay for the restructuring costs that was required due to management's incompetence.
Unfortunately employees will be mere pawns in what is going to play out here. Executives looking for a parachute and legacy to hang their resume on won't be doing more than the bare miminum for people they are supposed to be leading. Corporate greed 101. Make the employees pay for the restructuring costs that was required due to management's incompetence.
It's not often that I'm right, but.............troll back a few years ago on these threads when JB first took over and started his dramatic restructure. He was lauded like the second coming of Jesus Christ. The threads prove it - he was the hero.
The more I read all the huge masses of praise the more I said "I'll call him the saviour when the Virgin group returns a profit. Let's wait and see how this goes before we make JB Sir JB."
Things on here seem a bit different now!
The more I read all the huge masses of praise the more I said "I'll call him the saviour when the Virgin group returns a profit. Let's wait and see how this goes before we make JB Sir JB."
Things on here seem a bit different now!
Actually Borghetti cancelled the remaining orders for 777's when he turned up (if I remember correctly there were firm orders and options for up to 13 777's) and then introduced the 330 and the ATR72-500 and 600, bought Skywest for an outrageously inflated price thereby introducing 3 more types to the mix and then bought tiger, so I think the blame for fleet complexity can be fairly pointed directly at JB.
Virgin had two types when he turned up - the 737 and the ejet. He gave the 170's away only to replace them with ATR's which cost as much if not more to run.
Not only did he add fleet complexity of a colossal scale, he did so at premium prices because he had to have it "now".
It is easy to arm chair quarterback decisions like I am doing above, but blind freddy could see that many of the decisions made were expensive ones and ones that will stay expensive for quite a while to come.
Virgin had two types when he turned up - the 737 and the ejet. He gave the 170's away only to replace them with ATR's which cost as much if not more to run.
Not only did he add fleet complexity of a colossal scale, he did so at premium prices because he had to have it "now".
It is easy to arm chair quarterback decisions like I am doing above, but blind freddy could see that many of the decisions made were expensive ones and ones that will stay expensive for quite a while to come.
Owned by Arab and competing Chinese companies, neither of whom are known for their empathy towards their workers. Fingers crossed a right wing Australian government with a 1 seat majority doesn't hide under the covers forever. I also believe in flying pigs and Santa..
Unfortunately employees will be mere pawns in what is going to play out here. Executives looking for a parachute and legacy to hang their resume on won't be doing more than the bare miminum for people they are supposed to be leading. Corporate greed 101. Make the employees pay for the restructuring costs that was required due to management's incompetence.
Unfortunately employees will be mere pawns in what is going to play out here. Executives looking for a parachute and legacy to hang their resume on won't be doing more than the bare miminum for people they are supposed to be leading. Corporate greed 101. Make the employees pay for the restructuring costs that was required due to management's incompetence.
