FFlyer From United States of America, joined Nov 2001, 733 posts, RR: 0 Posted (5 years 7 months 2 days 12 hours ago) and read 7740 times:
It's been a while since I've heard from my Finnish friend, but this is from today: Finnair CEO has basically said that the company has three options, 1) to change the course (strategy?), 2) merge with somebody, or 3) get rid of 4,000-5,000 employees, around half of it's current workforce! I guess this is one of those "Do this, or....." speeches, but it still sounds quite dramatic.
AverageUser From , joined Dec 1969, posts, RR:
Reply 3, posted (5 years 7 months 2 days 10 hours ago) and read 7262 times:
He's free to say whatever pleases him and probably does, he has resigned already, due to leave in less than 6 months.
He may be a passable manager, but a poor leader who has managed to burn bridges with most staff in relatively few years.
The next guy or girl has to be someone from the ranks, someone who's showing a willingness to get back to the basics: 1) serving the customer and his/her wallet, 2) flying the planes right and 3) keeping the staff loyal. If that can't be met, I propose starting doing business as "Aero" again and forming "Aero-Aeroflot" or "A2".
Andaman From , joined Dec 1969, posts, RR:
Reply 7, posted (5 years 7 months 1 day 20 hours ago) and read 5407 times:
FFlyer is good at picking bad news from AY
You just left out this was a blog writing for the staff from the resigned CEO who didn't get along with the unions, especially with the pilots. I think we need a second opinion from the new CEO, next winter will tell more, many ways.
Quoting AverageUser (Reply 3): He may be a passable manager, but a poor leader who has managed to burn bridges with most staff in relatively few years.
Pylon101 From Russia, joined Feb 2008, 1616 posts, RR: 0
Reply 8, posted (5 years 7 months 1 day 13 hours ago) and read 3492 times:
Merger trend rules these days.
But merger in terms of economics can not be the ultimate solution of aviation industry's problems. Merger swallows issues to some extend - but sooner or later it may lead to troubles of giants.
This way 3 companies will remain in Europe: BA, AF and LH.
When economy - hopefully - restores and start growing, we may witness the reverse process.
Internal contradictions - not visible for us - may explode those bunches of mergered companies.
Such a unque companies as OY can actually gain - if it goes through these times stayng independent.