Interesting to see that at the last EBA Qantas was crying poor and the price of oil was US$147 and the Aussie dollar at $0.87. Now the price of oil is US$1.05 with Qantas hedged at US0.97 and the Aussie dollar at $1.05 . Also the Aussie $ to the Euro and Pound is at all time highs . So if Qantas is doing so bad with all this going for it GD should be looking at his finance people for a please explain and share holders should also be asking for an explanation.
It has finally came to me why they are spending so much money on new lounges though out its network and nothing on maintenance facilities. Its because the passengers are spending more time on the ground waiting for their aircraft and the Engineers more time on the aircraft fixing the fleet.
All Ebas there are reasons why Qantas cannot reward its staff ( Management excluded ) Desert Storm, Bird Flu, Sars , Iraq War , Vocalic Ash ,Tsunami, Queensland Floods, Japan Earthquake, EFC.
Now sure that these have had some effect on the the Airline but has Qantas Management just cried Wolf too many times . With comments like there are no cash bonus for Management when we all know that their bonuses are in Share bonuses so don't show in Annual Reports.
A pebble which falls into the water only makes a ripple , but when combine all the pebbles together and the fall into the water they make a wave . So all LAMES stick together and flight for the right to have the same playing field as Management when it comes to wage reviews and rewards.
