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Just in defence of the 880 million, don't forget that Orgin were also given a bail out hand out, not 880 million i agree but similar scale bail out for there size, and since the two respective bail outs, one company has made changes turned things around and produced a profit and is now growing the business (yes yes i know the changes aren't all perfect and they still do things that leave you
); and the other is downsizing, and roumoured to be in a little trouble.
I know its a little pears and apples, but what im sayin is that Origin weren't left entirly in the cold.
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I know its a little pears and apples, but what im sayin is that Origin weren't left entirly in the cold.
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Just in defence of the 880 million, don't forget that Origin were also given a bail out hand out, not 880 million i agree but similar scale bail out
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I guess its like Boeing trying to compete with Airbus![Bad teeth](https://www.pprune.org/images/smilies/badteeth.gif)
Look at the NZ goverment as an oportunistic investor. They purchased a large stake in a troubled company, providing the capital needed to turn it around, thus increasing the value of their initial investment. They wouldn't have done it if their was nothing in it for them. When I mentioned Air NZ being subsidised, I was meaning in terms of regulation and goverment funded tourism marketing (like any national carrier). As far as I'm aware, there is no true subsidy given to Air NZ, nor has there been in the recent past. I could be wrong?
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Look at the NZ goverment as an oportunistic investor. They purchased a large stake in a troubled company, providing the capital needed to turn it around, thus increasing the value of their initial investment. They wouldn't have done it if their was nothing in it for them. When I mentioned Air NZ being subsidised, I was meaning in terms of regulation and goverment funded tourism marketing (like any national carrier). As far as I'm aware, there is no true subsidy given to Air NZ, nor has there been in the recent past. I could be wrong?
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Cloud mate...it,s sometimes real hard to get the big picture,when the #1 bloke in ANZ cant turn the airline around,loses a ****eload of $$$$$ and then leaves with a ****eload of $$$$$ and a golden parachute....... yeah mate,the "BIG PICTURE" gets a little clouded once in a while/.....PB
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P-boy
We'll have to agree to differ on that one. I for one think Norris did a great job, and made a good start at turning Air NZ around. Let's not forget the decent pay-cut he gave himself when he started.
I believe CEOs of large companies deserve the large salaries they make. If I was that qualified, willing to work that hard, and put up with that much (often uneducated) criticism, I would expect the same. If you're not earning your keep as a CEO, you are soon shown the door.
I hope I don't sound disrespectful because I do respect your opinion, but that's mine. Safe flying
We'll have to agree to differ on that one. I for one think Norris did a great job, and made a good start at turning Air NZ around. Let's not forget the decent pay-cut he gave himself when he started.
I believe CEOs of large companies deserve the large salaries they make. If I was that qualified, willing to work that hard, and put up with that much (often uneducated) criticism, I would expect the same. If you're not earning your keep as a CEO, you are soon shown the door.
I hope I don't sound disrespectful because I do respect your opinion, but that's mine. Safe flying
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when the #1 bloke in ANZ cant turn the airline around,loses a ****eload of $$$$$ and then leaves with a ****eload of $$$$$ and a golden parachute
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Evertonian
Anyone who thinks Qantas or Air New Zealand are managed poorly are deluded. They are among the few conventional (non-LCC) carriers in the world to turn a profit.
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what is in a round about way, a government subsidised airline
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27/09....yeah mate,you are correct......didnt see the reason to play the "name" game as that whole sagarso was a shocking example of......"one bloke can fix this problem".....NOT......
Cloud mate...like you ,even though I dont work for ANZ,I still want our National Airlrine to do well(has nothing to do with the fact that I have shares in the company
)but we,have been guilty on numerous occassssssssions of piss-poor CEO selections.....seems a little strange,that when the CEO "COCKS" it up..... he gets a huge compensaton package,.....I cock it up,and get fired.....they bring in headhunters to fix the problem and in actuality they should have been hired in the first place!!!!....respect your point view...PB
Cloud mate...like you ,even though I dont work for ANZ,I still want our National Airlrine to do well(has nothing to do with the fact that I have shares in the company
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