QANTAS - WHERE TO NOW?
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I think if Qantas' tie up with Emirates goes ahead it will be the end of their membership to OneWorld anyway.
Cathay considers switch from OneWorld to Star Alliance: Is it a matter of choice? « Airlines and Airports
Rumor is rife that Cathay Pacific Airways is considering switching from OneWorld to Star Alliance. The reason: Cathay objects to fellow members British Airways (BA)’s and Qantas’ support of the HNA Group’s Hainan Airlines joining OneWorld. The HNA Group has a 46 per cent stake in both Hong Kong Airlines and Hong Kong Express, which are Cathay’s competitors.
Cathay’s chief executive John Slosar (who took over the helm in March 2011) apparently once said he “cannot rule out” such a move.
Cathay’s chief executive John Slosar (who took over the helm in March 2011) apparently once said he “cannot rule out” such a move.
Has Qantas not been moving away from OneWorld anyway lately ?
As in, the fact they belong to OneWorld is secondary to the idea that Qantas seems to be doing deals in;
America - Dallas, American Airlines
South America - Chile, Lan Chile
UK - BA
Asia - Jetstar Asia from Singapore hub.
NZ - Jetstar NZ
Europe - Emirates <-TBA
Can you really see any of those changing if OneWorld no longer existed as a decal next to the entry door on QF aircraft ? OneWorld is redundant.
As in, the fact they belong to OneWorld is secondary to the idea that Qantas seems to be doing deals in;
America - Dallas, American Airlines
South America - Chile, Lan Chile
UK - BA
Asia - Jetstar Asia from Singapore hub.
NZ - Jetstar NZ
Europe - Emirates <-TBA
Can you really see any of those changing if OneWorld no longer existed as a decal next to the entry door on QF aircraft ? OneWorld is redundant.
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it didn't seem worth all the rooting around
600ft-lb,
Those first three you mention:
America - Dallas, American Airlines
South America - Chile, Lan Chile
UK - BA
South America - Chile, Lan Chile
UK - BA
The next two (Jetstar) are of course QF subs.
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QF/EK deal would be complicated by BA/AA bid
The possibility of an IAG bid for a minority stake in bankrupt American Airlines has been confirmed in European and US reports by its CEO, and former British Airways CEO, Willie Walsh. IAG is the parent company of British Airways and Spanish flag carrier Iberia.
While the reports are a level higher than your typical stock market hypothetical, in that Walsh has anointed it through his commentary as an officially sanctioned and no doubt deliberately endorsed hypothetical, such a bid has yet to emerge.
But it would add some interesting static into the discussions between Emirates and Qantas about the ‘simple code share’ that the UAE carrier has given a six month period in which to become reality.
What the parent company of British Airways does in relation to American Airlines affects Qantas on three fronts, in that each of these carriers have a common and mutually relevant membership of the Oneworld alliance, and Qantas has an individual joint services agreement or joint business venture with BA and AA respectively.
It is considered by every analyst yet to make headlines on the topic that an Emirates-Qantas codeshare would be either be harmful but not fatal to the British Airways interest in its agreement with Qantas, or so toxic that Qantas would have to trade whatever benefits it gets from that arrangement for the necessarily superior benefits of a deal with Emirates.
However it is also argued that a continuation of the American Airlines arrangements are essential for Qantas to fend off the potential strengths of the Virgin Australia commercial relationship with Delta, the largest American airline, across and beyond the Pacific.
The potential for tension in the American Airlines situation is obvious, and not just limited to what IAG might or might not do. The front runner for a merger with or takeover of American Airlines is US Airways, which doesn’t belong to, nor aspire to being in, the Oneworld alliance, and if it calls the shots in the future, it might also impact on the benefits Qantas currently gets from its association with American Airlines.
This is not about taking a position for or against a deal between Qantas and Emirates, but a recognition of the appearance on the horizon of some new and potentially complicating factors.
Last edited by TIMA9X; 7th Aug 2012 at 09:35.
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Qantas Emirates deal draws closer, faster
by Ben Sandilands
A sequence of events leading quickly to an announcement of a Qantas deal with Emirates to transfer part of its international network to the Dubai based giant using code shares is starting to take shape.
While both carriers have said little recently about the deal some in the industry claim that the first step in the process will be the declaration of a very large loss by the now separately managed Qantas International division* on 23 August.
Such a loss has already been confirmed by Qantas statements in which, even before the end of the 30 June financial year, the airline anticipated a loss in the order of $450 million by the international operation, compared to the $216 million announced, but never fully detailed, for the previous financial year.
It has been suggested by sources that the 23 August announcement will also confirm the withdrawal of Qantas international from some services, over and above the widely speculated cessation of its daily rotations through Frankfurt, which is the airline’s last European destination served with its own equipment.
A date, 12 September, has also been mentioned for the announcement of a deal with Emirates in which some Qantas services would in a fairly short interval be provided by a code share between Qantas and Emirates, in which some routes might be flown beyond Dubai by Emirates aircraft using that airline’s current traffic rights after the passengers transfer to them at its Dubai hub, or even flown all the way on Emirates aircraft via Dubai and possibly also via those of its services that stop at either Singapore or Bangkok on the way to Dubai.
Whatever the flames causing the smoke around the industry today, caution is advised.
Neither airline will be happy to see the media nominating dates, and will no doubt want to appear to be in total control of the flow of information.
Qantas shareholders should also want to know what exactly they will get from any deal, which on what Emirates has said so far, would imply that Qantas will be exiting part of its claimed massively loss making international division in favor of selling seats provided by its Gulf competitor.
It is one thing to claim international is unsustainable in its own right, and another to diminish those operations to the detriment of the domestic division, which itself appears on Qantas guidance to also be adversely affected by competition.
The dividends at Qantas have disappeared, the share price is damaged and depressed, and there is no way that Qantas could stop its existing customers from migrating to say Singapore Airlines, Cathay Pacific, Thai International or Etihad/Virgin Australia flights, just to name a few, as an alternative to acquiescing in a transfer to Emirates.
They might choose to migrate to an Emirates code share, as many already have in making an outright choice to use Emirates services all the way to their destination.
But they might also choose a carrier from the rest of the field, and choose a different ride that won’t earn Qantas or Emirates an extra dollar.
Qantas has* invested years of overtly xenophobic slanders and invective against Emirates and its owners for taking away its customers in this country. It was by any objective test, an obnoxious and unworthy campaign against a successful competitor that advanced where Qantas retreated, and innovated where Qantas was clueless.
A Qantas backflip in which it suddenly assumes its customers will have total amnesia about its previous anti-Emirates campaigning and meekly and submissively trot over to an Emirates flight assigned a QF flight number may prove to be even more arrogant than its current CEO Alan Joyce was in stranding 100,000 of them worldwide last October without warning.
So, if you can't beat them, give them everything? This surely, if it happens, must be criminal! The 3rd last to last paragraphs sum it all up very well.
by Ben Sandilands
A sequence of events leading quickly to an announcement of a Qantas deal with Emirates to transfer part of its international network to the Dubai based giant using code shares is starting to take shape.
While both carriers have said little recently about the deal some in the industry claim that the first step in the process will be the declaration of a very large loss by the now separately managed Qantas International division* on 23 August.
Such a loss has already been confirmed by Qantas statements in which, even before the end of the 30 June financial year, the airline anticipated a loss in the order of $450 million by the international operation, compared to the $216 million announced, but never fully detailed, for the previous financial year.
It has been suggested by sources that the 23 August announcement will also confirm the withdrawal of Qantas international from some services, over and above the widely speculated cessation of its daily rotations through Frankfurt, which is the airline’s last European destination served with its own equipment.
A date, 12 September, has also been mentioned for the announcement of a deal with Emirates in which some Qantas services would in a fairly short interval be provided by a code share between Qantas and Emirates, in which some routes might be flown beyond Dubai by Emirates aircraft using that airline’s current traffic rights after the passengers transfer to them at its Dubai hub, or even flown all the way on Emirates aircraft via Dubai and possibly also via those of its services that stop at either Singapore or Bangkok on the way to Dubai.
Whatever the flames causing the smoke around the industry today, caution is advised.
Neither airline will be happy to see the media nominating dates, and will no doubt want to appear to be in total control of the flow of information.
Qantas shareholders should also want to know what exactly they will get from any deal, which on what Emirates has said so far, would imply that Qantas will be exiting part of its claimed massively loss making international division in favor of selling seats provided by its Gulf competitor.
It is one thing to claim international is unsustainable in its own right, and another to diminish those operations to the detriment of the domestic division, which itself appears on Qantas guidance to also be adversely affected by competition.
The dividends at Qantas have disappeared, the share price is damaged and depressed, and there is no way that Qantas could stop its existing customers from migrating to say Singapore Airlines, Cathay Pacific, Thai International or Etihad/Virgin Australia flights, just to name a few, as an alternative to acquiescing in a transfer to Emirates.
They might choose to migrate to an Emirates code share, as many already have in making an outright choice to use Emirates services all the way to their destination.
But they might also choose a carrier from the rest of the field, and choose a different ride that won’t earn Qantas or Emirates an extra dollar.
Qantas has* invested years of overtly xenophobic slanders and invective against Emirates and its owners for taking away its customers in this country. It was by any objective test, an obnoxious and unworthy campaign against a successful competitor that advanced where Qantas retreated, and innovated where Qantas was clueless.
A Qantas backflip in which it suddenly assumes its customers will have total amnesia about its previous anti-Emirates campaigning and meekly and submissively trot over to an Emirates flight assigned a QF flight number may prove to be even more arrogant than its current CEO Alan Joyce was in stranding 100,000 of them worldwide last October without warning.
So, if you can't beat them, give them everything? This surely, if it happens, must be criminal! The 3rd last to last paragraphs sum it all up very well.
short flights long nights
Well all they have to do is "give" International to Emirates, then start work on Domestic. Joyce is already on record saying that Domestic is (suddenly) not doing well. So close most of that down and gift the routes to Jetstar..and the plan (for whatever the reason) is done. No more Qantas
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So close most of that down and gift the routes to Jetstar.
Qantas should refocus on Asia from Emirates codeshare distraction
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Since the emergence of media reports on Dubai-based Emirates Airline’s talks with the struggling international unit of Qantas Airways on a potential codeshare accord, the share price of the flying kangaroo has soared from a bottom level at 99 Australian cents on 25th July, a day before the codeshare talk between the carriers was first reported, to as high as A$1.14 on July 31st, it has been hailed by industry analysts as a deal that will reduce Qantas International’s loss and free up its capital resources to focus on its expansion in Asia.
An Emirates codeshare deal with Qantas International, a Macquarie Group analyst said, will add over 40 one-stop destinations in Europe and will reduce Qantas International’s costs by as much as A$600 million by suspending its route to Frankfurt.
“We’ve been engaging with them for some time. The objective is to eventually see Qantas fly through Dubai,” Emirates chairman Sheikh Ahmed bin Saeed al-Maktoum said.
Qantas currently only serves London Heathrow and Frankfurt via Singapore while relying on a two-stop product offering to European destinations such as Paris, Rome, Milan, Brussels, Munich, Amsterdam and more via a codeshare with fellow oneworld alliance member British Airways (BA) at its hub in London Heathrow.
In comparison, Emirates not only has flights to major European capital cities, but it also has direct flights from Dubai to smaller cities such as Lyon, Nice, Venice, Manchester, Glasgow, Newcastle, Dublin, Birmingham, Prague, Warsaw, Hamburg and many more.
“Qantas today confirmed it is in discussions with a number of airlines about potential alliances. These airlines include Emirates, among others. Strengthening alliance partnerships is one of the four pillars of the Qantas Group’s five-year strategy,” Qantas said in a July 26th statement to the Australian Stock Exchange (ASX).
Image Courtesy of timdath
Singapore likely to continue to be strong hub for Qantas
The talk on a potential codeshare deal with Dubai-based Emirates is Qantas’ latest effort to stem the loss at its struggling international unit, which is expected to reach A$450 million and drag down Qantas Group’s FY2011/12 full-year profit before tax (PBT) by 90% to A$50-100 million and record a first-ever net loss since the airline’s public listing in 1995 (“Qantas on a wing and a prayer“, 19th Jun, 12).
The Qantas-Emirates codeshare deal would bring more European destinations than the Virgin Australia-Etihad Airways alliance in which the Abu Dhabi-based carrier holds 4.99% shares of the second-largest Australian carrier and is cleared by the Australian government’s Foreign Investment Review Board (FIRB) to increase the stake to a maximum of 10%. The Virgin Australia-Eithad Airways alliance serves around 30 European destinations whereas the potential Qantas-Emirates offers around 40 destinations.
Such a Qantas-Emirates codeshare deal would involve shifting flights from Singapore to Dubai, a Middle Eastern destination Qantas does not currently serve, and would undermine the Australian carrier’s strong partnership with British Airways (BA) as well as hurt one of Qantas’ fiercest international competitors – Singapore Airlines, analysts say.
For instance, a Qantas-Emirates codeshare partnership would provide more than 55,000 outbound weekly seats from Australia/New Zealand to Europe, versus Singapore Airlines’ 40,000 weekly seats and Qantas’ existing capacity of 28,000 weekly seats, according to an analyst research by Bank of America Merrill Lynch analyst Matthew Spence.
As 25% of the air traffic from Australia to Europe shifted from Asia to the Middle East in the past few years, Singapore Airlines (SIA) would face increasing price pressure to lure passengers to continue to transit through the Southeast Asian city-state from which the Australia-Europe traffic accounts for just over 25% of the Singaporean flag carrier’s passenger revenues (“Singapore Airlines needs a strategic rethink“, 1st Aug, 12).
However, Singapore is likely to remain as Qantas’ primary hub in Southeast Asia. While Dubai does offer a geographically advantageous proposition mid-way on the Kangaroo Route, Singapore is strategically much closer to high-growth air travel markets in Indonesia, The Philippines, China and India, in which China’s steady growth in its economy would spur an increase in air travel demand and the rise in the number of middle class would spur more demand for full-service air travel.
Singapore-based Jetstar Asia also has a strong presence in Singapore, where the combined Jetstar Group operates 520 of 6,200 weekly flights at Singapore Changi and plans to launch routes to European destinations when it takes delivery of its first batch of Boeing 787-8 Dreamliner beginning in August 2013. Jetstar Group has a capacity share of 7% at Singapore Changi whereas Qantas only has a 4.6% share or 130 weekly flights at the airport.
As Jetstar takes delivery of its Boeing 787-8 Dreamliner next year, the low-cost carrier (LCC) would be able to launch new flights to destinations in inner China such as Chengdu, Chongqing, Urumqi and northeastern ports Tianjin, Qingdao as well as tap into the low-cost travel demand of other Asian cities such as Busan and Seoul in South Korea, where the Northeast Asian LCC penetration rate remains low with Japan’s LCC penetration rate at 9.1% compared to 38.1% for Southeast Asia.
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Since the emergence of media reports on Dubai-based Emirates Airline’s talks with the struggling international unit of Qantas Airways on a potential codeshare accord, the share price of the flying kangaroo has soared from a bottom level at 99 Australian cents on 25th July, a day before the codeshare talk between the carriers was first reported, to as high as A$1.14 on July 31st, it has been hailed by industry analysts as a deal that will reduce Qantas International’s loss and free up its capital resources to focus on its expansion in Asia.
An Emirates codeshare deal with Qantas International, a Macquarie Group analyst said, will add over 40 one-stop destinations in Europe and will reduce Qantas International’s costs by as much as A$600 million by suspending its route to Frankfurt.
“We’ve been engaging with them for some time. The objective is to eventually see Qantas fly through Dubai,” Emirates chairman Sheikh Ahmed bin Saeed al-Maktoum said.
Qantas currently only serves London Heathrow and Frankfurt via Singapore while relying on a two-stop product offering to European destinations such as Paris, Rome, Milan, Brussels, Munich, Amsterdam and more via a codeshare with fellow oneworld alliance member British Airways (BA) at its hub in London Heathrow.
In comparison, Emirates not only has flights to major European capital cities, but it also has direct flights from Dubai to smaller cities such as Lyon, Nice, Venice, Manchester, Glasgow, Newcastle, Dublin, Birmingham, Prague, Warsaw, Hamburg and many more.
“Qantas today confirmed it is in discussions with a number of airlines about potential alliances. These airlines include Emirates, among others. Strengthening alliance partnerships is one of the four pillars of the Qantas Group’s five-year strategy,” Qantas said in a July 26th statement to the Australian Stock Exchange (ASX).
Image Courtesy of timdathSingapore likely to continue to be strong hub for Qantas
The talk on a potential codeshare deal with Dubai-based Emirates is Qantas’ latest effort to stem the loss at its struggling international unit, which is expected to reach A$450 million and drag down Qantas Group’s FY2011/12 full-year profit before tax (PBT) by 90% to A$50-100 million and record a first-ever net loss since the airline’s public listing in 1995 (“Qantas on a wing and a prayer“, 19th Jun, 12).
The Qantas-Emirates codeshare deal would bring more European destinations than the Virgin Australia-Etihad Airways alliance in which the Abu Dhabi-based carrier holds 4.99% shares of the second-largest Australian carrier and is cleared by the Australian government’s Foreign Investment Review Board (FIRB) to increase the stake to a maximum of 10%. The Virgin Australia-Eithad Airways alliance serves around 30 European destinations whereas the potential Qantas-Emirates offers around 40 destinations.
Such a Qantas-Emirates codeshare deal would involve shifting flights from Singapore to Dubai, a Middle Eastern destination Qantas does not currently serve, and would undermine the Australian carrier’s strong partnership with British Airways (BA) as well as hurt one of Qantas’ fiercest international competitors – Singapore Airlines, analysts say.
For instance, a Qantas-Emirates codeshare partnership would provide more than 55,000 outbound weekly seats from Australia/New Zealand to Europe, versus Singapore Airlines’ 40,000 weekly seats and Qantas’ existing capacity of 28,000 weekly seats, according to an analyst research by Bank of America Merrill Lynch analyst Matthew Spence.
As 25% of the air traffic from Australia to Europe shifted from Asia to the Middle East in the past few years, Singapore Airlines (SIA) would face increasing price pressure to lure passengers to continue to transit through the Southeast Asian city-state from which the Australia-Europe traffic accounts for just over 25% of the Singaporean flag carrier’s passenger revenues (“Singapore Airlines needs a strategic rethink“, 1st Aug, 12).
However, Singapore is likely to remain as Qantas’ primary hub in Southeast Asia. While Dubai does offer a geographically advantageous proposition mid-way on the Kangaroo Route, Singapore is strategically much closer to high-growth air travel markets in Indonesia, The Philippines, China and India, in which China’s steady growth in its economy would spur an increase in air travel demand and the rise in the number of middle class would spur more demand for full-service air travel.
Singapore-based Jetstar Asia also has a strong presence in Singapore, where the combined Jetstar Group operates 520 of 6,200 weekly flights at Singapore Changi and plans to launch routes to European destinations when it takes delivery of its first batch of Boeing 787-8 Dreamliner beginning in August 2013. Jetstar Group has a capacity share of 7% at Singapore Changi whereas Qantas only has a 4.6% share or 130 weekly flights at the airport.
As Jetstar takes delivery of its Boeing 787-8 Dreamliner next year, the low-cost carrier (LCC) would be able to launch new flights to destinations in inner China such as Chengdu, Chongqing, Urumqi and northeastern ports Tianjin, Qingdao as well as tap into the low-cost travel demand of other Asian cities such as Busan and Seoul in South Korea, where the Northeast Asian LCC penetration rate remains low with Japan’s LCC penetration rate at 9.1% compared to 38.1% for Southeast Asia.
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I guess the quid pro quo to QF's departure from international routes beyond Dubai will be the departure of EK from its routes beyond Australia to NZ. The happy (capacity) dumping ground. Unlikely.
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Profit = Revenue - Costs
I don't think current management know how to grow revenue, but they sure know how to cut costs.
2800 is massive....
In 12 months time, the economic landscape will be different. Its like approaching a cyclone at sea saying it will be smooth sailing soon. CRAZY TALK.
I don't think current management know how to grow revenue, but they sure know how to cut costs.
2800 is massive....
"We have the right strategy, we are executing at speed, we are seeing early results, and the benefits will flow within the next 12 months," AJ said.
Last edited by catch18; 8th Aug 2012 at 04:47.
With 2800 jobs to go, there will be more ports cut, from where i sit i cant see how the pilots can avoid retrenchments.
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Qantas CEO expects savings of A$300 million a year - MarketWatch
and
it never ends....... always doom & more gloom..
Jeez it would be nice to have something positive for a change from the little fella... years of it now...
MELBOURNE--Qantas Airways Ltd. expects to save around 300 million Australian dollars (US$316.4 million) a year from asset sales and consolidation, Chief Executive Alan Joyce told a business meeting in Sydney on Wednesday.
Mr. Joyce said the airline was transforming itself to meet the challenges of a high Australian dollar, high fuel prices and economic downturns in Britain, Europe and the U.S.
"We have the right strategy, we are executing at speed, we are seeing early results, and the benefits will flow within the next 12 months," he said.
Mr. Joyce said the equivalent of 2,800 full-time roles had been lost as a result of the transformation, with a number of affected people to find new roles within growing parts of the company.
Mr. Joyce said the airline was transforming itself to meet the challenges of a high Australian dollar, high fuel prices and economic downturns in Britain, Europe and the U.S.
"We have the right strategy, we are executing at speed, we are seeing early results, and the benefits will flow within the next 12 months," he said.
Mr. Joyce said the equivalent of 2,800 full-time roles had been lost as a result of the transformation, with a number of affected people to find new roles within growing parts of the company.
The consolidated number of positions to be cut at Qantas in the current period were 2800, but also said some of those who lost their jobs may find them elsewhere in the group, including overseas, as it pursued the expansion of its Jetstar franchise. Qantas CEO Joyce doesn't mention Emirates in speech | Plane Talking
Qantas in no hurry to seal alliances: Joyce
Qantas chief executive Alan Joyce says the airline is taking its time to form an alliance with a major overseas carrier.
Mr Joyce also reiterated plans by the carrier to shed about 2,800 full-time jobs as part of a transformation of the airline - cuts that he said would result in $300 million in savings each year.
Speculation has been rife in recent months that Qantas was close to sealing a partnership with Dubai-based Emirates as part of its five-year strategy to improve its international operations.
Mr Joyce told a business lunch in Sydney an alliance was an important part of the airline's plans.
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"But we only enter partnerships when we have the right arrangement for the long term," he said.
"In the current economic environment, taking our time with this part of our agenda will clearly not undermine our broader transformation plan."
Qantas shares, meanwhile, are up 2.5 cents, or 2.2 per cent, to $1.16.
Job cuts
The Qantas job cuts will amount to more than 10 per cent of its workforce, across its engineering, maintenance and catering operations.
‘‘There is no doubt that the cost of transition is big,’’ Mr Joyce said.
Pledging to return the loss-making Qantas International division to profit in three years, Mr Joyce said he expects the airline to report a ‘‘statutory loss’’ in its annual results later this month.
The loss reflected high fuel prices, its restructuring costs and ‘‘the cost of the industrial dispute’’, he said
Read more: Qantas in no hurry to seal alliances: Joyce
Qantas chief executive Alan Joyce says the airline is taking its time to form an alliance with a major overseas carrier.
Mr Joyce also reiterated plans by the carrier to shed about 2,800 full-time jobs as part of a transformation of the airline - cuts that he said would result in $300 million in savings each year.
Speculation has been rife in recent months that Qantas was close to sealing a partnership with Dubai-based Emirates as part of its five-year strategy to improve its international operations.
Mr Joyce told a business lunch in Sydney an alliance was an important part of the airline's plans.
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"But we only enter partnerships when we have the right arrangement for the long term," he said.
"In the current economic environment, taking our time with this part of our agenda will clearly not undermine our broader transformation plan."
Qantas shares, meanwhile, are up 2.5 cents, or 2.2 per cent, to $1.16.
Job cuts
The Qantas job cuts will amount to more than 10 per cent of its workforce, across its engineering, maintenance and catering operations.
‘‘There is no doubt that the cost of transition is big,’’ Mr Joyce said.
Pledging to return the loss-making Qantas International division to profit in three years, Mr Joyce said he expects the airline to report a ‘‘statutory loss’’ in its annual results later this month.
The loss reflected high fuel prices, its restructuring costs and ‘‘the cost of the industrial dispute’’, he said
Read more: Qantas in no hurry to seal alliances: Joyce
Jeez it would be nice to have something positive for a change from the little fella... years of it now...
Last edited by TIMA9X; 8th Aug 2012 at 05:40.
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Maybe London Base is on the way out...... surely it cant be sustainable having and entire Cabin Crew base up there when they now only operate two fights a day. Correct me if i'm wrong but ex LHR its only the QF2 and QF10 yes?
Really looking forward to the speech, by Alan, welcoming the athlete's home from the olympics....
Plenty to talk about, teamwork, trust, respect, under performance, and lets not forget about medal tallies, shrinking to grow.
Perhaps Alan might take on the CEO role at Swimming Australia when he's finished at QF?
On the upside, the athletes might get some "special" souvenirs on board for being the group of passengers on the last jumbo to operate out of London, and sitting in one of the last to fly through europe, after AJ cuts FRA in a couple of weeks.
Plenty to talk about, teamwork, trust, respect, under performance, and lets not forget about medal tallies, shrinking to grow.
Perhaps Alan might take on the CEO role at Swimming Australia when he's finished at QF?
On the upside, the athletes might get some "special" souvenirs on board for being the group of passengers on the last jumbo to operate out of London, and sitting in one of the last to fly through europe, after AJ cuts FRA in a couple of weeks.
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Hope the media have got it wrong!!!
This is on the news banner on QFs internal intranet home page.
Company News
View Archived News Updates
8 August 2012
MEDIA HEADS UP: No Qantas job cuts announced
MEDIA HEADS UP:
NO QANTAS JOB CUTS ANNOUNCED
The media is reporting that Alan Joyce has today announced 2,800 job cuts. This is inaccurate.
Alan delivered a speech today where he gave an overview of the transformation initiatives currently underway at Qantas. In the speech, he confirmed that 2,800 full time roles have been impacted by the transformation initiatives that we have already announced. These include positions at Engineering, Catering, Cabin Crew and Ground Operations.
There were no new transformation initiatives or job cuts announced today.
You can read Alan’s speech at Qantas.com.
This is on the news banner on QFs internal intranet home page.
Company News
View Archived News Updates
8 August 2012
MEDIA HEADS UP: No Qantas job cuts announced
MEDIA HEADS UP:
NO QANTAS JOB CUTS ANNOUNCED
The media is reporting that Alan Joyce has today announced 2,800 job cuts. This is inaccurate.
Alan delivered a speech today where he gave an overview of the transformation initiatives currently underway at Qantas. In the speech, he confirmed that 2,800 full time roles have been impacted by the transformation initiatives that we have already announced. These include positions at Engineering, Catering, Cabin Crew and Ground Operations.
There were no new transformation initiatives or job cuts announced today.
You can read Alan’s speech at Qantas.com.