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Old 26th Sep 2008, 06:05
  #155 (permalink)  
undervaluedATC
 
Join Date: Jun 2006
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peuce
As cattledog said, the vision document is a very good indication of what is needed to bring Aus ATC's to parity to the average worldwide remuneration for ATC. And AsA has failed to present any offer after 11 meetings to date.

direct no speedNice rumour doing the rounds that they made a technical loss for the year.

If so, I wonder who pays for that? Yesterday 07:47
According to the financial officer at Waypoint 2008 (financial report not yet released) AsA has returned something like $27,000,000 in Avcharges to industry because traffic levels were higher than forecast. That seems like a sure indication of a bumper profit to me!

The only way AsA could have made a technical loss is by pouring HUGE AMOUNTS OF DOLLARS into infrastructure (the Tower simulator springs to mind for some reason), or by paying off debt ahead of schedule.

Now why (and how) would AsA, who made $106M in profit the previous financial year, suddenly declare a loss the following year, just prior to the expiry date of an EBA?
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