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Search: Posts Made By: Vorsicht
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Forum: Australia, New Zealand & the Pacific
23rd May 2014, 04:19
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

I actually don't think that is the case. Don't...

I actually don't think that is the case. Don't forget that Borghetti started this by openly stating he wanted to take market share off Joyce and proceeded to do so.

I think that all that has...
Forum: Australia, New Zealand & the Pacific
21st May 2014, 01:29
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

Virgin battle breaking Qantas' domestic strategy...

Virgin battle breaking Qantas' domestic strategy (http://www.theage.com.au/business/aviation/virgin-battle-breaking-qantas-domestic-strategy-20140521-38nh9.html)

Has Eileen finally capitulated?...
Forum: Australia, New Zealand & the Pacific
5th Apr 2014, 21:49
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

How about lack of disclosure at last years...

How about lack of disclosure at last years results. EOY results BGA stood up and said company was strong and everything going to plan. Weeks later crying to government that Qantas on the brink and...
Forum: Australia, New Zealand & the Pacific
13th Mar 2014, 11:04
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

No gardening leave requirement there. Watch this...

No gardening leave requirement there. Watch this space.
Forum: Australia, New Zealand & the Pacific
7th Mar 2014, 06:23
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

And what did they end up with, an arbitrated 3 or...

And what did they end up with, an arbitrated 3 or 4% payrise. Nice work Al.
Can't wait to see him explain that one away at the senate inquiry.
This one's going to be much more fun than the inquiry...
Forum: Australia, New Zealand & the Pacific
5th Mar 2014, 21:01
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

Andrew David to COO

Interesting move, Borghetti sacked him twice. Once from Virgin and once from Tiger, and he didn't waste any time doing it either.

What a change of fortune where Qantas are employing failed execs...
Forum: Australia, New Zealand & the Pacific
5th Mar 2014, 03:34
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

Truly, how can that idiot last one more day!!!! ...

Truly, how can that idiot last one more day!!!!

He has single handedly given the naysayers enough ammunition to get a Senate inquiry into a public company a chance of getting up.

Surely even...
Forum: Australia, New Zealand & the Pacific
24th Jan 2014, 00:13
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

So it would seem that admitting a mistake,...

So it would seem that admitting a mistake, re-evaluating and developing different strategies is not on the table for the Q exec. Blindly persisting with a failed strategy because admitting a mistake...
Forum: Australia, New Zealand & the Pacific
16th Jan 2014, 00:05
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

I try and tell my kids that they have to see...

I try and tell my kids that they have to see things how they really are, not how you wish them to be.

On it's current trajectory Qantas is going broke, that is how it really is. Qantas is being...
Forum: Australia, New Zealand & the Pacific
15th Jan 2014, 10:31
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

On the contrary it would be exactly what the...

On the contrary it would be exactly what the doctor ordered.

The reality, as opposed to the emotive rhetoric from the ACTU et al, is that the demand for travel will not collapse along with...
Forum: Australia, New Zealand & the Pacific
27th Dec 2013, 00:50
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

The S curve can only work in a market with...

The S curve can only work in a market with multiple carriers operating out of multiple hubs. Clearly if 65% is the magic number, in a duopoly the carrier getting only 35% is not going to survive....
Forum: Australia, New Zealand & the Pacific
14th Dec 2013, 21:16
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

It's hard to compare apples with apples, but in...

It's hard to compare apples with apples, but in an attempt to do so can you someone give an estimate of how many stick hours a QF 380 pilot would fly in a roster period.

How many LAX returns or...
Forum: Australia, New Zealand & the Pacific
8th Dec 2013, 19:22
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

My understanding is that a large chunk of the...

My understanding is that a large chunk of the $2bn is guaranteed against debt. Airlines need large cash buffers to guard against short term hiccups. There is no way that is all free cash they can...
Forum: Australia, New Zealand & the Pacific
8th Dec 2013, 02:53
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

Bowen is full of sh*t No airline in...

Bowen is full of sh*t

No airline in Australia is too big to fail. If qantas fail someone has to step into the breach and take up the slack, as happened when Ansett went under. How many ex Ansett...
Forum: Australia, New Zealand & the Pacific
7th Dec 2013, 20:01
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

Point taken but what has me confused with the...

Point taken but what has me confused with the level playing field smokescreen is that unless Joyce is hoping to find a benefactor (as JB has done) that is willing to fund massive losses until EY, SQ...
Forum: Australia, New Zealand & the Pacific
7th Dec 2013, 09:36
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

Dream 747

You are not getting the subtlety.

JB's value to his shareholders is not being measured in VA profits (or losses) it is being measured by the fact that he has seemingly sent his only competitor to...
Forum: Australia, New Zealand & the Pacific
7th Dec 2013, 07:12
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

The realilty is Cappy that AJ though he was the...

The realilty is Cappy that AJ though he was the smartest guy in the room but he wasn't.

I'm tipping he thought he had the fare war covered due to his large cash balance, knowing that Borghetti...
Forum: Australia, New Zealand & the Pacific
5th Dec 2013, 06:45
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

As BGA tries to sell the furniture perhaps we'll...

As BGA tries to sell the furniture perhaps we'll finally see exactly which parts of the company are making money. Surely he'll have to hang on to anything that's profitable and sell the dogs. I...
Forum: Australia, New Zealand & the Pacific
3rd Dec 2013, 02:10
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

Virgin gets green light for $350m raising...

Virgin gets green light for $350m raising (http://www.theage.com.au/business/aviation/virgin-gets-green-light-for-350m-raising-20131203-2yndi.html)

Looks like plan A failed. Gummint support looks...
Forum: Australia, New Zealand & the Pacific
28th Nov 2013, 23:37
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

Putting aside the folly that is J* Asia, simply...

Putting aside the folly that is J* Asia, simply put Joyce abjectly failed to identify the changing business conditions and emerging threat of Virgin under the stewardship of JB.

He alone is...
Forum: Australia, New Zealand & the Pacific
28th Nov 2013, 09:44
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

EK will be watching this very closely. They have...

EK will be watching this very closely. They have virtually stolen Qantas's business from them without having to cough up a cent. If Qantas is cut loose they will be forced to buy into Qantas in a big...
Forum: Australia, New Zealand & the Pacific
28th Nov 2013, 09:11
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

Let's be frank here. Qantas enjoyed a ten...

Let's be frank here.

Qantas enjoyed a ten year monopoly in the Australian domestic business market as well as a monopoly on the Pacific for who knows how many years. In all that time they simply...
Forum: Australia, New Zealand & the Pacific
27th Nov 2013, 23:50
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

Yeah I agree. Joe is laying the groundwork here....

Yeah I agree. Joe is laying the groundwork here. Knowing that the public has (had?) a strong emotional attachment to Qantas he's anticipating the backlash from any proposed amendment to the QSA.
...
Forum: Australia, New Zealand & the Pacific
27th Nov 2013, 07:00
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

Doesn't the creep provisions give them an...

Doesn't the creep provisions give them an automatic 3% every 6 months?
Forum: Australia, New Zealand & the Pacific
21st Nov 2013, 22:28
Replies: 5,414
Views: 3,718,261
Posted By Vorsicht

From my recollection the then government was...

From my recollection the then government was pretty P!ssed off with Alan when he grounded the company and only under sufferance supported him because he had probably acted within the bounds of the...
Showing results 1 to 25 of 25


 
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