Jayne Hrdlicka to resign as CEO

[jase05]

Should appoint Akbar Al Baker as CEO just for the laughs

 

[drron]

I am always a little amused when senior management people resign that they take pride in announcing they've done the heavy lifting when in truth probably they have done very little physical heavy lifting in their life.
Just my weird sense of humour.

 

[DC3]

I think the timing differential between my post (1.5 hrs ago) and you reading it, may be a factor here.

I’m in NZ at the moment. So, probably got your post before you wrote it.

 

[simmomelb]

I am always a little amused when senior management people resign that they take pride in announcing they've done the heavy lifting when in truth probably they have done very little physical heavy lifting in their life.
Just my weird sense of humour.

It's just an idiom, like saying, I've been to hell and back, nothing literal about it, but yeah, I get the humourous side of it also, very true!

 

[DC3]

I am always a little amused when senior management people resign that they take pride in announcing they've done the heavy lifting when in truth probably they have done very little physical heavy lifting in their life.
Just my weird sense of humour.

Yeah. No great loss to many AFFers I would expect.

 

[RSVKanga]

Thank you, Jayne, for your “four years of heavy lifting” at Virgin Australia.

As a supporter of the national carrier, your continued resistance to order widebodies and relaunch long haul flights, as well as casualising the lounges and making food and WiFi a paid service has done great favours to the national carrier which will be realised in just a few months.

There is only room for one major long haul carrier in Australia anyway, just like how there is only room for one in NZ.

 

[jase05]

There is only room for one major long haul carrier in Australia anyway

Just a pity we are stuck with a garbage one that offers a woeful product

 

[GoldenTouchdown]

It's just an idiom, like saying, I've been to hell and back, nothing literal about it, but yeah, I get the humourous side of it also, very true!

Well technically quite a number of AFFs have been to HEL and back

 

[RSVKanga]

Well technically quite a number of AFFs have been to HEL and back

Some via SIN.

 

[Jean Prouvaire]

new CEO needed for float?

When your company is ready to float, you no longer need a CEO who does heavy lifting.

 

[Saab34]

Are they even ready for a float?

Certainly questionable .

 

[lovestotravel]

She has hit her targets got the bonus. Time to leave and let others deal with the issues of staff and fleet

 

[simmomelb]

Keep in mind she is staying on with no known exit date, yet.
It will be interesting to see who her replacement is and their experience.

 

[HS-TQE]

Are they even ready for a float?

Certainly questionable .

Considering a known poster and his insider on this forum at this time last year were sure that "VA will be listed in 2023!" We know how much that turned out to be an "epic fail" and indicates how far off Bain are handling internal issues on top of the external issues out of their control

 

[TheRealTMA]

Good decision. Four years at the top is enough. Time for someone else to take them forward with a new vision. Pity others didn‘t do this.

 

[wannabeinvestmentbanker]

About to fall off my chair at the lack of any feedback of her tenure relative to other CEOs in the industry. The VA crowd is fiercely loyal…much respect

 

[RooFlyer]

I think the timing differential between my post (1.5 hrs ago) and you reading it, may be a factor here.

Queensland. Should only be an hour behind; some are a bit more.

 

[RooFlyer]

Considering a known poster and his insider on this forum at this time last year were sure that "VA will be listed in 2023!" We know how much that turned out to be an "epic fail" and indicates how far off Bain are handling internal issues on top of the external issues out of their control

Gotta challenge that. Not sure about the 'insider' - the one with the scoop on the 'roadshows'? Yeah,

But seriously, the market for IPOs of any type last year was simply cough. I think there were 4 small/medium-ish ones that got away - just. Looking at the appetite for airline equity in particular, look how the market (as indicated by QAN) was going:



If you want to sell an investment property which was making good money, having a minimum price in mind, but you didn't really have to sell it now, would you offer it into a falling market? Or hang onto it?

Internal issues - maybe that's why the leadership is being changed - can't just hold it together with duct tape anymore, waiting for the float - got to move it forward, float or no float.

 

[AustraliaPoochie]

So, this is the start of the real LCC stage of VA3.
New opportunity for a new CEO to lead VA and VFF into real low cost carrier.
Heh, maybe no more "lux".

 

[jakeseven7]

Blind Freddy saw that one coming.

A bunch of Bain plants have now been moved on, they missed all their windows (and hefty bonuses!).

Now it will be most interesting what type of management they put in - and what will their mandate and end goal will be. Firstly it will have to be to try and stabilise the operations which are a mess. But then what… same strategy, different suit?

What a mess.