AirNZ profits up
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mattyj........point well taken....have a mate from Riverhead...worked for Anz for many years in the kitchen dept....left ,....owned a Takeaway.....then went back to owning his own panel beating shop...now makes a living......over a few tinnies,the stories dont make sense.....why does this type of occupation distort ones "normal" thinking????
...he cant believe he after all theses years ,he sucked it up.....and that was in the mid 90,s.....win some,lose some....good for the OE kiwi runs..
...he cant believe he after all theses years ,he sucked it up.....and that was in the mid 90,s.....win some,lose some....good for the OE kiwi runs..
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Everyone is there feeling sorry for the loaders and ground services staff, have it on good authority that the last 2 managers have basicly been forced to leave... Aparently the main group of people in the loading side are a bit like a mafia org. Admitting there is a few good guys there, but really the rest of them couldnt give a rats arse whether the a/c go out on time, or if bags go to the wrong island. After all air nz will pick up the tab for having to pay pax out for buying clothes till theirs turn up, as long as they get their pay cheque at the end of the week then thats all that matters.
Going out of their way to make things run better does not reflect in their pay so why bother.
In my old job of 10 years (not flying) we had a sign on the wall saying "NEW INCENTIVE SCHEME... WORK OR GET FIRED !!"
Oh how things have changed. I only feel for those on the ramp and the loading side that do go the extra bit further because I see it and I'm sure that there are others that do too, but as always the majority ruin it.
Maybe the decrease in the cost of the contract that was supplied was the difference that air nz pick up in paying for the idiots out there who stuff up, in the way of reinbursements etc...
Oh, and no one said they will be getting a pay cut did they ?? And no one will force them to take a job with the new contractor at a possibly lower rate or not, because they sign the contract and if they dont like the job then they should leave and get one they enjoy.
I love my job and am really happy doing it but there are aspects of it-outside my control that make it very frustrating at times.
Going out of their way to make things run better does not reflect in their pay so why bother.
In my old job of 10 years (not flying) we had a sign on the wall saying "NEW INCENTIVE SCHEME... WORK OR GET FIRED !!"
Oh how things have changed. I only feel for those on the ramp and the loading side that do go the extra bit further because I see it and I'm sure that there are others that do too, but as always the majority ruin it.
Maybe the decrease in the cost of the contract that was supplied was the difference that air nz pick up in paying for the idiots out there who stuff up, in the way of reinbursements etc...
Oh, and no one said they will be getting a pay cut did they ?? And no one will force them to take a job with the new contractor at a possibly lower rate or not, because they sign the contract and if they dont like the job then they should leave and get one they enjoy.
I love my job and am really happy doing it but there are aspects of it-outside my control that make it very frustrating at times.
Haughtney
I probably didn't explain myself very well.
Air NZ probably do have "profit" targets for the ground handling unit. No doubt they make money providing services to other airlines. My point was what it actually cost them doing it in house now and the cost to them with Swissport who will be making a profit.
My main point was the fact that it appears to me that the management staff do not appear to want to treat their fellow employees fairly when you consider the magnitude of the pay cut that must follow with the proposed savings.
No doubt if the outsourcing goes ahead they can hide behind the story that it wasn't us that cut the wages is was Swissport who did it.
Most competitive airline business units have profit/productivity/KPI targets to achieve, gone are the days where one department can pick the slack up for another.
Air NZ probably do have "profit" targets for the ground handling unit. No doubt they make money providing services to other airlines. My point was what it actually cost them doing it in house now and the cost to them with Swissport who will be making a profit.
My main point was the fact that it appears to me that the management staff do not appear to want to treat their fellow employees fairly when you consider the magnitude of the pay cut that must follow with the proposed savings.
No doubt if the outsourcing goes ahead they can hide behind the story that it wasn't us that cut the wages is was Swissport who did it.
Join Date: Jul 2003
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oicur12:
Quite possibly. Regretably I am neither an economist nor a fortune-teller. Short answer: dunno.
pakehaboy:
more than adequately answered by 747-419. I didn't think my memory was that bad. As I said, my order was placed just before trading in ANZ was suspended. You should have held out a little longer 
lowerlobe:
Nowhere in my post will you find such a suggestion. Merely a statement of facts, such as they are. I agree, fiscally any Kiwi in Aus is better off than they would be doing the same work/hours in NZ. It is my belief however, that the situation in NZ must improve soon. Look to your laurels then. Other than that... this is neither the time nor place for that discussion.
the airline would not exist were it not for the government effectively re-nationalising it.
pakehaboy:
would be interested to know when you bought those shares at .20c
lowerlobe:
And this has resulted in NZ being far and away better than Australia? ....Yeah right...So much for that argument
Join Date: May 2003
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I bought my air NZ shares in 99 for something like $3;20 they dropped to 20 cents and then the shares were dlluted a further 10ish times over as the govt was issued new shares that gave them 90% stake in the airline so my shares had then dropped to 2 cents equiv value. Whatever they are now they need to go up 10 fold to be worth what they were when the govt sadly stepped in and wasted money propping them up. And since there is an MBA student in pretty much every class at every school round the globe doing a study on how tiny airlines like Air NZ can't possibly succeed in their own right it will only be a matter of time before Helen has to open the pursestrings again and again...............................
Join Date: Feb 2000
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Kiwiblue....like you,dont have a crystal ball and wagged economics classes on all occasions......the ability to be able to buy shares(at these prices) in a major industry is what is absurd,and as 747 has pointed out our pfofit margin at those prices looks bloody good on paper.......reckon Ill hang on to them a little longer....theres another section in Pohara Id like to buy....
The bottom line here is corporate greed ,as mentioned before ,and the inabilty of ANZ to cross that line,the line that rewards its employees,not the contract workers,but the front line employees who have sacrificed an given to bring a company back to profitabilty.
Ive said this before,ANZ is not an extreme case,but close to it,the ethical blindness they display is all too common in Corporate New Zealand.It,s born of an attitude that anything goes,as long as someone,somwhere-compliant accountants,money hungry insiders,the executives own ego,s-can construe all there wheeling and dealings as potentially legal.....the simple ethic of doing right by the workers is too easily lost.
and.....ANZ executives who see themselves as clever instead of criminal....
....bottom line ....YOU GET... WHAT YOU NEGOIATE!!!!
The bottom line here is corporate greed ,as mentioned before ,and the inabilty of ANZ to cross that line,the line that rewards its employees,not the contract workers,but the front line employees who have sacrificed an given to bring a company back to profitabilty.
Ive said this before,ANZ is not an extreme case,but close to it,the ethical blindness they display is all too common in Corporate New Zealand.It,s born of an attitude that anything goes,as long as someone,somwhere-compliant accountants,money hungry insiders,the executives own ego,s-can construe all there wheeling and dealings as potentially legal.....the simple ethic of doing right by the workers is too easily lost.
and.....ANZ executives who see themselves as clever instead of criminal....
....bottom line ....YOU GET... WHAT YOU NEGOIATE!!!!
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always inverted, I know what you are talking about but don't you feel sorry for the poor buggers..Most will never get a command upgrade..never be able to move overseas if they want and live and work in exotic locations or fly big airliners..they will probably always work for less than $20 per hour.
They just have to load bags on planes..
By the way..any baby yet..PM if youre a daddy
They just have to load bags on planes..
By the way..any baby yet..PM if youre a daddy
