OPINION: This week the Chanticleer podcast looks at Virgin Australia’s looming IPO, what the Reserve Bank will do with rates next week and beyond, and Tony Boyd talks about his retirement.
Here are some highlights from the conversation:“There’s no incentive for Qantas or Virgin to cut the price of their tickets. ... There are just so many factors that say the aviation industry might actually be going into the greatest purple patch since the Wright brothers. ””It’s about the return of airline stocks and the return of the world to travel after the pandemic.
”“It is illegal to sack people by without warning in Australia and the UK, but I discovered that what would happen is a person who had been targeted by the company to leave was sent an email saying ′ your consultation process will start today, and your position is uncertain, you may not have a role in the future’. This was a way of walking the fine line between breaking the law and pushing the boundaries of getting rid of people as quickly as possible.
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