AirAsia: a personal message from Tony
Re: AirAsia: a personal message from Tony
I know this is slightly off topic, but it is useful as a comparison.
Mr Tony and his zero salary with other execs taking substantial pay cuts combined with no job losses is in stark contrast to many big companies in the west. The latest wheeze to get around giving up their bonuses or salary cuts (still leaving many with millions in salary,) is newly issued long-term incentive plans (LTIPs).
First amongst equals in this racket is Michael Wells of Insurance giant Prudential.
"On Thursday, insurer Prudential announced executive pay cuts “in the light of the current situation and the need for continued restraint in executive remuneration”.
"For chief executive Michael Wells, that meant a salary reduction of £23,000, to £1.15m.
Less than four hours later, in a separate disclosure, the insurer handed Wells an LTIP worth £878,873 at current share prices."
Read all about the greed here.
https://www.theguardian.com/business/20 ... ith-shares
Mr Tony and his zero salary with other execs taking substantial pay cuts combined with no job losses is in stark contrast to many big companies in the west. The latest wheeze to get around giving up their bonuses or salary cuts (still leaving many with millions in salary,) is newly issued long-term incentive plans (LTIPs).
First amongst equals in this racket is Michael Wells of Insurance giant Prudential.
"On Thursday, insurer Prudential announced executive pay cuts “in the light of the current situation and the need for continued restraint in executive remuneration”.
"For chief executive Michael Wells, that meant a salary reduction of £23,000, to £1.15m.
Less than four hours later, in a separate disclosure, the insurer handed Wells an LTIP worth £878,873 at current share prices."
Read all about the greed here.
https://www.theguardian.com/business/20 ... ith-shares
Re: AirAsia: a personal message from Tony
It certainly isn't 'instant' - you apply for the credit then nothing happens, can't even check case progress as the AVA auto chat system is disabledclutchcargo wrote: ↑Sat Apr 11, 2020 6:23 pm
While we strongly encourage you to accept the credit which is instant and comes with a 365-day validity
Been about 3 wks so far since credit offered on my flight, no update yet and 0$ put into credit account
-
- Expatriate
- Posts: 386
- Joined: Sun Jan 26, 2020 3:44 pm
- Reputation: 234
Re: AirAsia: a personal message from Tony
Very few in this world compare to the disgusting, moral-less sacks of shit that are the ultra-rich of the western world. Hell, the pieces of shit in the US are begging for government handouts because their quarterly profits are lower. Not that they'll be going out of business, they just aren't making huge profits. And of course the government is giving it to them, because they're all pals getting rich together.
Do you think the parents of baby boomers whined so much when the boomers started changing society? And yet the whiney ones like to call young people "snowflakes." Hmm...
- SternAAlbifrons
- Expatriate
- Posts: 5752
- Joined: Sat Mar 23, 2019 11:31 am
- Reputation: 3424
- Location: Gilligan's Island
Re: AirAsia: a personal message from Tony
Oh come on, SolarPower ^^^ corruption is rampart and foul in Cambodia
- but it doesn't exist in the West
- but it doesn't exist in the West
Spoiler:
- alexvanlaar
- Expatriate
- Posts: 203
- Joined: Sat Sep 23, 2017 6:28 am
- Reputation: 58
Re: AirAsia: a personal message from Tony
I am a Platin member of AA (flying DMK PNH v.v.) 20 times per anno over the last 7 years.Bitte_Kein_Lexus wrote: ↑Sat Apr 11, 2020 6:30 pm I've never really associated great customer service with AirAsia, but okay. At least it's an honest letter expressing the hardships faced by the industry.
Would have prefered an personal mail from AA anyway!
Ok from Tony to send mail to Clutch.
KEEP STRONG ppl!
Re: AirAsia: a personal message from Tony
Same with me about 3 weeks. Air Asia immediately sent the email out about my 100 USD flights or whatever it was. I havent checked yet but it aint gonna break me. These cheapo tix are non refundable, no? So Air Asia or any of the other cheapo companies are really not obligated to do anything. And if they fold up, there are going to be much bigger things to deal with than refunds or vouchers for cheapo travel.God'sGift wrote: ↑Sun Apr 12, 2020 12:06 amIt certainly isn't 'instant' - you apply for the credit then nothing happens, can't even check case progress as the AVA auto chat system is disabledclutchcargo wrote: ↑Sat Apr 11, 2020 6:23 pm
While we strongly encourage you to accept the credit which is instant and comes with a 365-day validity
Been about 3 wks so far since credit offered on my flight, no update yet and 0$ put into credit account
Re: AirAsia: a personal message from Tony
The real problem with taking the voucher is that it is only good for 12 months. The chances of air travel being back to normal in only 12 months is very small. If they were to give a 5 year voucher it might be worth considering. But I expect you will have a very difficult time finding a flight where you can actually use your voucher before it expires.
Re: AirAsia: a personal message from Tony
Interesting food for thought monomial. I think I already ticked the box that said voucher rather than refund. But not sure if thats locked in or not. I'll check today. But I'd wager that normal air travel will be happening in 6 months or so. Just think how much time they have to plan and polish those red planes even redder!
- Cowshed Cowboy
- Expatriate
- Posts: 2033
- Joined: Thu May 15, 2014 4:25 pm
- Reputation: 978
Re: AirAsia: a personal message from Tony
Luxury vs Budget
Qatar sponsor Barcelona, Air Asia sponsor QPR.
Qatar sponsor Barcelona, Air Asia sponsor QPR.
Yes sir, I can boogie, I can boogie, boogie, boogie all night long.
- timmydownawell
- Expatriate
- Posts: 3626
- Joined: Tue Mar 22, 2016 12:50 pm
- Reputation: 1454
Re: AirAsia: a personal message from Tony
Same. If you log into your Big points account on their website and click on My Cases, it just shows both flight credit requests as "New", and you can't lick on them to see any details or anything.God'sGift wrote: ↑Sun Apr 12, 2020 12:06 amIt certainly isn't 'instant' - you apply for the credit then nothing happens, can't even check case progress as the AVA auto chat system is disabledclutchcargo wrote: ↑Sat Apr 11, 2020 6:23 pm
While we strongly encourage you to accept the credit which is instant and comes with a 365-day validity
Been about 3 wks so far since credit offered on my flight, no update yet and 0$ put into credit account
The whole process to get the credits was very convoluted too. All that bullshit with their automated chat, let alone having to do it TWICE (once for each flight). Couldn't they have just added a checkbox for "I want a credit for this flight due to COVID-19" in the My Bookings page, so could check that and submit it?
You must walk in traffic to cross the road - Cambodian proverb
-
- Similar Topics
- Replies
- Views
- Last post
-
- 4 Replies
- 2618 Views
-
Last post by crob
-
- 0 Replies
- 149 Views
-
Last post by Fridaywithmateo
-
- 3 Replies
- 2201 Views
-
Last post by Clutch Cargo
-
- 102 Replies
- 18554 Views
-
Last post by Jamie_Lambo
-
- 4 Replies
- 1630 Views
-
Last post by Doc67
Who is online
Users browsing this forum: No registered users and 231 guests