PPRuNe Forums - View Single Post - Qantas to Decline as Jetstar Soars
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Old 16th Sep 2008, 01:11
  #146 (permalink)  
genex
 
Join Date: Dec 2007
Location: Australia
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Maybe QFInsider has hit on something,

If an independant outfit audited the whole QF Group and determined (by analysis or maybe even with an e-bay like auction) the appropriate level of intra-Group subsidies then we'd all be wiser.

For example, it is well known that the bulk of the Group subsidizes the lifestyles on Long Haul 744 S/Os who are paid exorbitantly and treated way above their worth. So there could be a case to open up their slots to thhose willing to work for the much lower market rate. Similarly, say that the current Jetstar EBA was a little under the market rate. That would mean that Jetstar pilots were subsidizing the rest of the Group's employees and should get a pay rise in return for QF/AIPA drivers being able to bid to fly the new shiny jets at the "market rate". If that de-subsidizing process were done...and done across the whole Group...then maybe you'd see real transparency to everyone's benefit.

Thanks for the suggestion...maybe someone will pick it up.
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