Australian (ASX) Stock Market Forum

QAN - Qantas Airways

Just read todays Joe Allston AFR piece on Qantas/Richard Goyder.

Titled Richard Goyder’s last supper.

It’s brilliant and brutal.

It’s hard to argue with it, the brand has been proper trashed.
Surely those at the top of the totem pole and being given massive salaries must have to take responsibility for the demise of Qantas to where it is today.
Of course that most popular be-speckled little runt has bailed out leaving the others to squirm.
 
Just read todays Joe Allston AFR piece on Qantas/Richard Goyder.

Titled Richard Goyder’s last supper.

It’s brilliant and brutal.

It’s hard to argue with it, the brand has been proper trashed.
And they've put a useless diversity hire in charge now too.

I don't know how they managed to find someone worse to replace joyce with, but they did.
 
Surely those at the top of the totem pole and being given massive salaries must have to take responsibility for the demise of Qantas to where it is today.
Of course that most popular be-speckled little runt has bailed out leaving the others to squirm.
I've been on a few boards, unfortunately not paying as much as Qantas, and it is quite unbelievable how ordinary and representative of the general population board members are.

So a proportionate number of fools, idiots, the mad, the bad and the purely incompetent litter our boards. Right up to the big ones, the top of the ASX listed companies.

@houtman referred to Joe Alston's piece in the AFR today, and his description of those such as Tods Sampson is quite accurate.

Many board members are picked because "they are good chaps" and the opinions of wives and mistresses in getting up are more important than skill or suitability.

So the answer to your question is NO. They are not special, nor better nor better guardians of shareholders money than an average RSL Committee in some ******** place in WA.

gg
 
Qantas actually paid up, got my $1000 Covid flight refund last week, weird refund process, no email, no receipt, no apology, but after almost 3 years they did pay me. I really did give that poor man in the Filipino call centre a piece of my mind, now to get rid of those 300000 Qantas points and end my association.
 
Qantas actually paid up, got my $1000 Covid flight refund last week, weird refund process, no email, no receipt, no apology, but after almost 3 years they did pay me. I really did give that poor man in the Filipino call centre a piece of my mind, now to get rid of those 300000 Qantas points and end my association.
Qantas is akin to some roadkill that's been there for a few days in the sun, stinks
 
Just read todays Joe Allston AFR piece on Qantas/Richard Goyder.
Titled Richard Goyder’s last supper....It’s brilliant and brutal.
yep.

just one takeout:
Remember, Joyce (with his brother’s help) designed the algorithm for overbooking flights at Aer Lingus 30 years ago on the basis that a percentage of passengers never turn up.
That’s how he made a name for himself at the start of his career, and he’s ended it the same way. He’s optimised revenue to the point where it’s now the planes that don’t show up for the flights. It’s a logical extension.
 
Received an email from Qantas today. A bit of grovelling but no acknowledgement that she was part of the problem over the years.

New QAN CEO.jpg


The video mentioned in the email
 
@Dona Ferentes, think there is enough contrition for me to ask for my Chairman Lounge membership to be returned to me?

All these apologies and our customers are so important to us is a bit over the top. Just give them their money back!
and stop doing stuff like that again

how many scandals have they had over the last 20 years , fuel surcharges , baggage fees etc etc
 
The open comments section on the youtube video is delicious. And telling.

So far, they've said at least some of the right things. Let's see if they walk the walk.
 
and stop doing stuff like that again

how many scandals have they had over the last 20 years , fuel surcharges , baggage fees etc etc
It's not they. It's Joyce. It's always been about him. I believe new boss will be more interested in restoring the reputation and service over profits - not because of any altruistic tendencies but because restoring the reputation of Qantas will deliver her a better opportunity within corporate Australia and the world to further her own career. Good for Aussies, bad for shareholders.
The open comments section on the youtube video is delicious. And telling.

So far, they've said at least some of the right things. Let's see if they walk the walk.
I've been flying Qantas for a very long time and in the past week or two I've seen flight attendants walk around offering beers and wine (in economy) after the initial food and drink services. Haven't seen regularly this since maybe 2017. Something has obviously come down the ranks to lift their game.

Now let's see if they can sort out cancellations, delays, price gouging, etc.
 
The AFR reports this morning that QANTAS pilots through their Union have no confidence in Goyder as Chairman.

Qantas pilots are calling for the airline’s chairman, Richard Goyder, to resign, describing his position as untenable after the High Court found the company had illegally sacked almost 1700 employees.

In a letter to its members on Monday, the Australian and International Pilots Association said Mr Goyder and other directors had “overseen what may well be one of the most damaging periods in Qantas’ history”.

“It demonstrates how out of touch the board is with the frontline staff, the very people who will be needed to restore Qantas to its former glory,” said AIPA president Tony Lucas. “It is a failure of leadership to not be willing to do something that you have asked your team to do.”

It is always good to see those leading from the front ... leading from the front.

:oops:

Meanwhile the Industry Superannuation Funds back Goyder to the hilt.

gg
 
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