Singapore Airlines

[greengiraffe]

Jialat... how to progress without rebels to shake off complacency?

A blog post by a Mr Emmanuel Daniel (I'm not sure about his background. His bio page on his site takes too long to load) but some anecdotes on the current state of affairs over at SIA. If anything this guy says turns out untrue, then we should be seeing SIA respond in due course.

Anyhow, might be worth noting for those vested. For those not-vested, makes nice reading too.

http://www.emmanueldaniel.com/?p=807

This is a great article. I always think management is very important for a company. In that aspect I differ from Buffett: while we agree in buying companies that even a fool can manage, because at some point of time one will, I will be selling out when that happens. An M&A overnight by a fool can change the company totally.

I feel strongly that SIA had been squandering the moat it built up on its past successes, and recent foray into Tiger and Scoot shows that management is getting clueless how to run an airline. The moat will eventually disappear for SIA if they continue to get clueless scholars and military men to run the company.

Even a 败家仔 can't bankrupt the family fortune overnight, but eventually it will.

A great article indeed. For those who attended the last AGM, it is clear how “weak” or “colourless” CEO Goh is. At one time, I was so pissed off that I almost wanted to stand up and ask the Chairman to let the CEO speak! The same happens at SIA Engineering AGM. I hope the day-to-day running at SIA is not like this. They really need a CEO who has his own character and can stand on his own.