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Search: Posts Made By: Arthur D
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Forum: Australia, New Zealand & the Pacific
5th Sep 2019, 08:34
Replies: 274
Views: 246,878
Posted By Arthur D

Servo - its not about what’s fair, its about...

Servo - its not about what’s fair, its about whether you want a job or not.

Your company is bleeding money right now. If not corrected it will be fatal ie you will loose your job.

It doesn’t...
Forum: Australia, New Zealand & the Pacific
5th Sep 2019, 07:01
Replies: 274
Views: 246,878
Posted By Arthur D

Servo, if I read your comments right, you are...

Servo, if I read your comments right, you are saying that it is managements problem, management should therefore wear the consequences and employees and unions should continue to try and screw as...
Forum: Australia, New Zealand & the Pacific
3rd Sep 2019, 14:32
Replies: 274
Views: 246,878
Posted By Arthur D

You’re kidding right? No seriously, is this a...

You’re kidding right? No seriously, is this a joke?

Not even Ansett was this irresponsible, and they had flight engineers on 767’s......
Forum: Australia, New Zealand & the Pacific
1st Sep 2019, 00:56
Replies: 274
Views: 246,878
Posted By Arthur D

T- I can Google FCF as well. Your straw man...

T- I can Google FCF as well.

Your straw man argument suggesting that all is good at VA because they have free cash is a distraction.

AN tried this argument too, as they say, money talks, BS...
Forum: Australia, New Zealand & the Pacific
31st Aug 2019, 11:49
Replies: 274
Views: 246,878
Posted By Arthur D

T - airline businesses are very good cash cows....

T - airline businesses are very good cash cows. Nothing surprising there. Profitability on the other hand......

Lenders don’t lend, lessors don’t lease and shareholders don’t invest on free cash...
Forum: Australia, New Zealand & the Pacific
31st Aug 2019, 09:11
Replies: 274
Views: 246,878
Posted By Arthur D

I remember Gary Toomey crowing he had $1 Billion...

I remember Gary Toomey crowing he had $1 Billion in cash..... and then it became $2 Billion ....... and then it became nothing.

As a public company, they can’t simply burn through shareholders...
Forum: Australia, New Zealand & the Pacific
31st Aug 2019, 00:32
Replies: 274
Views: 246,878
Posted By Arthur D

Too high a cost base costs rising faster than...

Too high a cost base
costs rising faster than yield
declining market share
no cash
weak / split board
questionable ownership / shareholders
Strong and growing competitor
further pull back on...
Forum: Australia, New Zealand & the Pacific
30th Aug 2019, 13:11
Replies: 274
Views: 246,878
Posted By Arthur D

VA has become AN MKIII. AN could not make...

VA has become AN MKIII.

AN could not make money whilst QF kicked ass.

Over a short period of time, VA has managed to take an LCC and bring costs to a level equivalent to a legacy carrier. An...
Forum: Australia, New Zealand & the Pacific
28th Aug 2019, 15:11
Replies: 274
Views: 246,878
Posted By Arthur D

New guy comes in, clears the decks in the hope of...

New guy comes in, clears the decks in the hope of setting himself up for a stellar future.
Standard CEO performance.

My only surprise is that, given Scurrah’s predecessors performance, he didn’t...
Showing results 1 to 9 of 9


 
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