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SIA Bleeds

CEO Alan Joyce to give up salary as Qantas slashes capacity
written by Adam Thorn March 10, 2020

Alan Joyce has announced he’ll give up his salary for the remainder of the financial year after the Qantas Group announced capacity cuts equivalent to grounding 38 aircraft.

In a dramatic morning statement, the airline confirmed rumours that all but two Airbus A380s won’t fly, with eight taken out of service due to reduced demand and two undergoing maintenance.

Qantas also said the unprecedented nature of the coronavirus crisis means it is not possible to issue guidance on earnings for the remainder of FY20.

Joyce had a realised pay of $23.88 million in 2018, according to The Australian Council of Superannuation Investors (ACSI).
 
SIA strategy is to fight for deep pocket and waiting for air Asia and other carriers to go bankrupt.
Airasia sold off most of their planes last year. In a sell and leaseback strategy. So they had some cash from it.
 
The mess that everybody is in was not caused by a virus. It was caused by a ridiculous over reaction to an infection that is no worse than influenza. If everybody had just carried on and concentrated on treating the sick while allowing everyone else to carry on with their lives the pandemic would be over by now.
Its a weapon of mass destruction unleashed by xi jinping. And he is winning.
 
CEO Alan Joyce to give up salary as Qantas slashes capacity
written by Adam Thorn March 10, 2020

Alan Joyce has announced he’ll give up his salary for the remainder of the financial year after the Qantas Group announced capacity cuts equivalent to grounding 38 aircraft.

In a dramatic morning statement, the airline confirmed rumours that all but two Airbus A380s won’t fly, with eight taken out of service due to reduced demand and two undergoing maintenance.

Qantas also said the unprecedented nature of the coronavirus crisis means it is not possible to issue guidance on earnings for the remainder of FY20.

Joyce had a realised pay of $23.88 million in 2018, according to The Australian Council of Superannuation Investors (ACSI).

Qantas CEO's pay in 2018 was $23.88? Wow that's a lot more than SIA.s CEO for roughly the same overall number of aircraft.
 
"Too big to fail" is a nonsense.

If SingkieAir cannot stay aloft (lul) then it should bk. All these billions being wasted propping it up (lul) should be used to start a new national carrier with modern management practices and technology.
 
"Too big to fail" is a nonsense.

If SingkieAir cannot stay aloft (lul) then it should bk. All these billions being wasted propping it up (lul) should be used to start a new national carrier with modern management practices and technology.
Like southwest?
 
what?! sia is having her period?:eek:
1595822082018.png
 
The mess that everybody is in was not caused by a virus. It was caused by a ridiculous over reaction to an infection that is no worse than influenza. If everybody had just carried on and concentrated on treating the sick while allowing everyone else to carry on with their lives the pandemic would be over by now.
Good point. Pity you are not Tedros Adhanom.
 
"Too big to fail" is a nonsense.

If SingkieAir cannot stay aloft (lul) then it should bk. All these billions being wasted propping it up (lul) should be used to start a new national carrier with modern management practices and technology.

Nonsense to you maybe but not to others. Do you think it is so easy to start another new carrier? Maybe you should ask around if you think so.
 
CEO Alan Joyce to give up salary as Qantas slashes capacity
written by Adam Thorn March 10, 2020

Alan Joyce has announced he’ll give up his salary for the remainder of the financial year after the Qantas Group announced capacity cuts equivalent to grounding 38 aircraft.

In a dramatic morning statement, the airline confirmed rumours that all but two Airbus A380s won’t fly, with eight taken out of service due to reduced demand and two undergoing maintenance.

Qantas also said the unprecedented nature of the coronavirus crisis means it is not possible to issue guidance on earnings for the remainder of FY20.

Joyce had a realised pay of $23.88 million in 2018, according to The Australian Council of Superannuation Investors (ACSI).
Alan Joyce is leading by example
 
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