CFO VANESSA HUDSON TO REPLACE JOYCE AS QANTAS CEO

[old man emu]

Compared to Joyce, Ned Kelly was a pillar of the community.

[facthunter]

He'd have to be the most universally unpopular CEO ever. Ruthless accountant and wrecker of work conditions and lives. . There was a bloke called Lorenzo in the US who worked in a similar way. Nev

Edited September 3, 2023 by facthunter

[BrendAn]

i heard on the radio today that a passenger witnessed the cabin crew high fiveing one another on a qantas flight when they anounced the little man had left early yeserday

[BrendAn]

i think it would be fair to pay his bonus in qantas credits. take him years to get his money then.

[red750]

For those who didn't see it on Social Oz, 

 

[BrendAn]

5 minutes ago, red750 said:

For those who didn't see it on Social Oz, 

 

brilliant

[onetrack]

Michael West has an excellent detailed article on how he believes Alan Joyce is guilty of insider trading - offloading his Q shares, while the public and other shareholders were in the dark about the ACCC investigation into Q over the "phantom flight ticket sales" rort. Joyce will be long gone, before the ACCC more than likely finds Q guilty as charged, and hit with a massive fine.

 

https://michaelwest.com.au/did-alan-joyce-know-is-this-qantas-insider-trading/?utm_source=newsletter&utm_medium=email&utm_term=2023-09-06&utm_campaign=Michael+West+Media+Weekly+Update

[walrus]

The core of Qantas strategic weakness is that it isn't a national airline at all. It is a Sydney - Centric organisation with very deep connections to the NSW political establishment. 

 

The reason for this connection, and it's importance, is that direct international flights are a major determinant of the destination for international business investment and tourism. Qantas deliberately biases its offerings to intending travellers from London and Los Angeles towards Sydney and have been doing it since at least 1975.\\

 

The way this works is that flight schedules are arranged so that Brisbane and Melbourne are effectively at least three hours further from LHR and LAX than SYD ona round trip basis. There is a cost penalty too. That means that investors get off the plane in Sydney and choose it as their headquarters. This is how Sydney became headquarters for arriving foreign banks and IT companies in the 1970's.

 

A recent check using a VPN to masquerade as a British or American traveller shows they are still doing it.

 

'Every business decision Qantas makes has to take account of this secret bias and it seriously distorts their business. For example Qantas hogs the available Sydney slots but still opposes foreign competition because they will run direct flights out of Melbourne and Brisbane.

[Jerry_Atrick]

I dropped QANTAS (Queer and Nasty Travel Air Service) years ago as my go to. They aren't a national carrier - they are just another publicly listed corpration that is designed to extract as much cash from its unsuspecting customer for as little in return as possible. The fact that  Queer and Nasty has been able to uphold its charade of the "national carrier" is a testament to our press.. keep giving the press freebies and it will work well. Well, I guess Kerry and/or Lauchlan/Rupert still have credits owing, because the press has turned on them big time:

 

 

Mind you, the sky presenter who said, "Once you put people before profits, you have crossed the line.." or some such words shoudl reflect on his puppeteer's behaviour.