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Old 10-02-2018, 03:45 AM
  #350  
ecam
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Joined APC: May 2017
Posts: 733
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Originally Posted by Desert Sky View Post
Explain the graveyard spiral comparison in relationship to G4.
When you see management lose interest in running the airline. They just come in every day and turn the lights on and off. They attempt to diversify into things not directly related to the core business model. They pitch investors with wildly unrealistic claims to raise money for said side ventures. The stock drops and they start buying back to pump it up which burns through cash. Very high debt load and uncertain credit streams. Management stops direct communication with the employees and hides behind HR and PR personnel. Cute slogans graphs and unrealistic profit sharing goals pop up to keep employees motivated and working hard in the short term. Pretty soon they stop stocking parts and deferrals pile up. Facilities get realigned. Key people bail. It's all been done before, and the signs are here already.
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