|
Originally Posted by PAXboy
(Post 10661315)
I would say that, it makes no difference who is in charge. The demand to provide more for less money and the power of the stock market lead in one direction only.
Even LCCs have this problem. In the USA, Southwest came to focus on the money so much that they were part and parcel of Boeing choosing to reduce training on the Max conversion. That has not worked out well. The current pressures on companies compels them to provide poor quality. Whilst the public moan about the quality, they still do not want to pay for better. Extracting ever increasing returns from a finite planet and limited market is economic stupidity. In the search for ever increasing margins, eventually something breaks... |
Originally Posted by Mr Mac
(Post 10658981)
As for results I am not sure a race to the bottom long term is a good way to run a business, but given UK lack of long term planning in govt or companies it does not surprise me. A chunk of UK populaces just appear to like things cheap and the cheaper the better.
Originally Posted by Timmy Tomkins
(Post 10659926)
.......the new appointment to replace Walsh - Gallego - is a political one - it's the Spanish turn next, not based on ability.
|
|
IAG is indeed not British but there are very few companies (public or private) in the Western sphere of financial influence that are not having every last coin flogged out of them. In the process, they are killing the golden goose but, as stated, that is what shareholders and bonus receivers want. They have been doing this all the 40 years that I have been observing commercial life. The only question is when it will end and the specifics of the mess it will make. Unfortunately, everyone is trying to make as much cash NOW and be out of the company before the crash.
|
Originally Posted by Ex Cargo Clown
(Post 10660029)
Ayling????????
|
Originally Posted by Blackfriar
(Post 10660033)
You never heard of Bob Ayling then?
|
Good riddance! His most recent escapade was the most outrageous. Signing a meaningless LOI with Boeing and publically calling it "an order for 200 737MAX" is just childish. You can't remain a CEO of a major airline doing things like that.
|
Originally Posted by expurser
(Post 10659227)
He won’t be missed, that’s for sure. Never known any BA boss in the last 40 years who was disliked so much by all groups of staff
|
Originally Posted by DaveReidUK
(Post 10662938)
Not quite 40 years ago, but some of us can still remember the King/Marshall era.
|
| All times are GMT. The time now is 11:26. |
Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.