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Qantas puts Project Sunrise on hold

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Qantas puts Project Sunrise on hold

Old 7th May 2020, 09:13
  #81 (permalink)  
 
Join Date: Jun 2011
Location: S33E151
Posts: 952
Joyce and the entire management team are a disgrace. That they are incapable of making a single decision that might benefit the airline into the future is written in stone.

They inherited a quasi domestic monopoly and staff who actually cared.

Theyve ruined the staff, and haven’t ordered a single jet. Just for one second imagine what Qf would be like if the 380’s were 777’s.

For not doing anything except paying themselves they have extracted and sold a kings ransom from Qantas shareholders so to describe them as anything but gobsmackingly lucky (I’d say incompetent) is going too far.

They have been lucky beyond belief. Total incompetence has led to a lucky happenstance. Their only talent they have has been in paying themselves ROYALLY and doing so at the expense of the airline, it’s shareholders, the staff, service and engineering,

Gross incompetence, greed and owning a monopoly domestically which they can and have milked disgracefully is the only thing they can claim ownership of.

V-Jet is offline  
Old 7th May 2020, 11:03
  #82 (permalink)  
 
Join Date: Jul 2008
Location: Australia
Posts: 257
As this thread lurches from one thread drift to the next I would only add that if luck was the only difference between one incompetently run airline in Oz and the other then VA must have just been unlucky. I certainly don't disagree that in the pursuit of profit the staff have been put to the sword and that management are a ruthless pack of bastards but I don't think that Qantas has relied on an exceptional helping of good luck to be in the position they are in now.
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Old 7th May 2020, 11:14
  #83 (permalink)  
 
Join Date: Jun 2011
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Originally Posted by Lookleft View Post
but I don't think that Qantas has relied on an exceptional helping of good luck to be in the position they are in now.
Lufthansa losing $1 million per hour, United Airlines lost $2 billion 1st quarter, BA, AF/KLM, CX all losing similar amounts.

QF losses down to $40m per week, which even accounting for a smaller size is far less. Their domestic competitor filed for VA, they are at least 18 months away from that position. QF is in this position due to good discipline and good management. Even though it did delay career progression for pilots good financial discipline and not spending like drunken sailors on big aircraft orders has put them in an enviable position.
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