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Old 17th Jul 2008, 07:03
  #113 (permalink)  
peanut pusher
 
Join Date: Jun 2002
Location: SYD
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QCC rumour mill and a few things on the horizon

THe QCC mill is punching out rumour faster than Audrey's inflight service mess up's.

1,CNS base is looking on less solid ground with the buiness model being looked at as sectors are not going ahead that would of supported it.

2,Offer of VR and LWOP will be out by end of next week.

3,Even a part time job share is being talked about for min 6 months.

4,The visitors were told a restructure of management is looking likely so the intro of many middle manager wally's may be looking for work next week.

5,Reduction of all non profit routes and even looking at cheaper hubbing in Asia as HKG and BKK are charging stupid money for landing, taxes etc etc. KL has been courting QF for over 18 months with no taxes or landing costs for 20years.

It will be a very interesting next few weeks with all the elements stacking together for another asain money crisis.

Big economy nations ie USA, UK, Japan EU etc buy alot less and cancel orders from massive asian manufacturers and these economies are set up for large volume mass market.

It's already reflected in asia now with orders slowing and the world price of rice up over 180% in 2 years.

Cut price airline cowboys who prostitued the airline industry with cheap wages and stupid fares have just had the low cut business model shoved back up their a_s with interest as they cannot continue to sell tickets with stupid margins that has done nothing more than destablise the great industry it once was.

I think Virgin blue will not be around another 3 years as the ASX showed VB at a low of 58c this week with toll saying they may walk away from VB leaving them without a finacial backer.

They have lost over $1 billion in that asset in 2 years.

Tuff times ahead for QF staff as GD will use this leaver to turn the tables on the real worker.

Tuff times for everybody !!!!!
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