PPRuNe Forums - View Single Post - AO(Australian Airlines) wet lease to QF- future?
Old 5th Apr 2007, 01:07
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lowerlobe
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mid assist......Who knows what is going to happen.

You are right about one thing and that is both of our EBA's are up at the end of the year.

However there are many variables to be considered.

1:Will the takeover go ahead?

If so will the new owners take the easy way out to recoup the massive amount of money they are borrowing?

Will they sell Jetstar and AO and other parts of the group to get immediate cash?

2:Will Darth stick around?

3:What happens with the Federal election?

The water is going to be muddy for some time yet and if you had a crystal ball and knew what is going to happen you could make a lot of money!

What we do know is that the domestic FAAA will sell just about anything to keep or gain flying.Just look at the VB EBA they tried to sell cabin crew and it was voted down by nearly 90%.

We also know that QF S/H is cheaper than both L/H and AO and will continue to be so with the increasing numbers of casuals.As far as the flexibilities that AO have is concerned I wouldn't think too much about them because as I said S/H are even more flexible.

Unless you are prepared to do what S/H are or have then you are in the same boat as us with the exception that QF mainline have a historical advantage and public sympathy simply because QF has been around longer.

Make no mistake though as Darth has said on a number of occassions that he would like to close us down and have overseas bases.The problem with that is that the rumours about the LHR base losing money refuse to go away.

As far as L/H industrial action is concerned ,it would depend on who is in Government and what the EBA is like that the company wants us to accept.

You may only have to wait around 14 days to see what happens with the takeover then some of the fog around AO ,Jetstar and QF will clear a bit and we might have a better idea of which way the dice have rolled.
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