Finally, some balls - NJS Pilots take industrial action
Cobham Flt Ops (2006) revenue: $470m, trading profit $50m (employees 1758: NJS I think has about 900 or so. Australian Ops contributed $299m to revenue. Draw your own conclusions about the profit the Australian part of Cobham is making).
Source: page 6 and 55 of the 2006 Cobham Annual report on their website.
http://miranda.hemscott.com/ir/cob/p...nualReport.pdf
The last words of the report on the last page:
The most important thing we build is trust
Source: page 6 and 55 of the 2006 Cobham Annual report on their website.
http://miranda.hemscott.com/ir/cob/p...nualReport.pdf
The last words of the report on the last page:
The most important thing we build is trust
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PAF
Mate if you had half a brain you'd be dangerous! Yes, I know an oldie...BUT! a goodie! You assume that I work for NJS. Your (lack of) mental capacity doesn't allow you to comprehend that a person can't hold an opinion about the mistreatment by an organisation towards its employees unless they work for them.
Gee, really impressivethe way you 'shoot down' everyones arguments too.
Mate if you had half a brain you'd be dangerous! Yes, I know an oldie...BUT! a goodie! You assume that I work for NJS. Your (lack of) mental capacity doesn't allow you to comprehend that a person can't hold an opinion about the mistreatment by an organisation towards its employees unless they work for them.
Gee, really impressivethe way you 'shoot down' everyones arguments too.
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lowerlobe
Yes but WHY was it cheap? Surely you aren't suggesting that the owners of a very profitable company with good margins would deliberately sell it for a fraction of it's value? This must be a new business principle that I wasn't previously aware of... giving money away for no return.
I don't know enough about it to know for sure, but it sounds like the company was either already in trouble, or headed that way. Unless the owners were under some other financial constraint, of course.
You would think that a relatively cheap purchase price would allow some investment in staff and infrastructure...
Remoak..Your question…” OK then look at it another way... if the business was good and margins were high, why would the company be for sale in the first place?”
This is a question that many people have asked.The main reason is that it was a steal at $5.45 and probably for a lot more.The consortium understood that very well and were willing to borrow a huge amount.
This is a question that many people have asked.The main reason is that it was a steal at $5.45 and probably for a lot more.The consortium understood that very well and were willing to borrow a huge amount.
I don't know enough about it to know for sure, but it sounds like the company was either already in trouble, or headed that way. Unless the owners were under some other financial constraint, of course.
You would think that a relatively cheap purchase price would allow some investment in staff and infrastructure...
Cobham Flt Ops (2006) revenue: $470m, trading profit $50m (employees 1758: NJS I think has about 900 or so. Australian Ops contributed $299m to revenue. Draw your own conclusions about the profit the Australian part of Cobham is making).
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remoak.....
You asked the question yourself and I have no intention of discussing my thoughts in a public forum...but your next question...
Does the company really look like it is in trouble.......Your the only person I have heard to suggest so.
Yes but WHY was it cheap?
but it sounds like the company was either already in trouble, or headed that way.
It is NJS and NAS. NAS including SAPL and various engineering contracts.
My comment stands.
Personally I think Cobham should sell NJS to someone who is actually interested in running an airline and stick with the defence/government contract side of things.
My comment stands.
Personally I think Cobham should sell NJS to someone who is actually interested in running an airline and stick with the defence/government contract side of things.
Aeroscat,
What comment? You asked a question.
To answer your question, yes, CFOSA does consist of NJS (Qantaslink, Charter and AAe) and NAS/Surveillance Aust. And no, I am not suggesting that NJS contributed ALL of the Australian revenue. But if you knew the relative makeup of CFOSA then you would realise that NJS would be responsible for at least half the revenue. Five Dogs CIA could verify that for us.
NJS is responsible for half the revenue. If it's not responsible for at least some of the profits then that is a management problem, not a piddling % or so for 200-odd pilots.
My comment stands.
To answer your question, yes, CFOSA does consist of NJS (Qantaslink, Charter and AAe) and NAS/Surveillance Aust. And no, I am not suggesting that NJS contributed ALL of the Australian revenue. But if you knew the relative makeup of CFOSA then you would realise that NJS would be responsible for at least half the revenue. Five Dogs CIA could verify that for us.
NJS is responsible for half the revenue. If it's not responsible for at least some of the profits then that is a management problem, not a piddling % or so for 200-odd pilots.
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The real story is that the Airline and Regional services section of COBHAM are providing the cash flow to support the introduction of the new coastwatch contract! without that SA would have SUNK.Thats why they are not tabled seperatly in the report. It wouldn't look good if SA was running at a loss. Remember last yrs report? we will rid ourselves of any unprofitable part of our business!! NOT LIKELY
I wasn't allowed to travel on the "JUNKETs" around Australia selling "FH", and I generally don't like to be seen mingling with my management calleagues in public, I simply suck up down here in Adelaide, spend time on the phone finding out gossip from DUMB pilots and using that ill found information to crucify people, much to my superiors delight.
Having said that i am aware the information (FH) was tainted. There is one big bucket of money that has been split up into lots of smaller buckets. The allocation of the size of those buckets is at best dubious. My superiors found an extra amount of $$$ to throw at SA pilots to stop them running out the door. Ask were that came from. What we all seem oblivious to is the reason they run out the door. (remember I am not in SA, simply being down here I hear whats happening) Lets hire a PR firm pay them $$$$$$$$$$$$$$$$$$$$$$$ to ask "why are you leaving, don't you want to help me make big bonuses?
Regional Services and Airline Services are making a truck load of money. We can't get rid of them yet, not until we have every one on AWA's minimum numbers of pilots engineers and cabin crew, READ OVERHEADS, and then when the turn over is at max, ie when the next 3 x 717 are introduced its for sale to the highest bidder, stuff the staff, bonuses are much more important. why do you think there seperating the AOC and business units?? Once we have divided the engineers and sufficient numbers have left, the business units are seperat we can place the chosen few we want in SA and the new owners can deal with whats left.
I wasn't allowed to travel on the "JUNKETs" around Australia selling "FH", and I generally don't like to be seen mingling with my management calleagues in public, I simply suck up down here in Adelaide, spend time on the phone finding out gossip from DUMB pilots and using that ill found information to crucify people, much to my superiors delight.
Having said that i am aware the information (FH) was tainted. There is one big bucket of money that has been split up into lots of smaller buckets. The allocation of the size of those buckets is at best dubious. My superiors found an extra amount of $$$ to throw at SA pilots to stop them running out the door. Ask were that came from. What we all seem oblivious to is the reason they run out the door. (remember I am not in SA, simply being down here I hear whats happening) Lets hire a PR firm pay them $$$$$$$$$$$$$$$$$$$$$$$ to ask "why are you leaving, don't you want to help me make big bonuses?
Regional Services and Airline Services are making a truck load of money. We can't get rid of them yet, not until we have every one on AWA's minimum numbers of pilots engineers and cabin crew, READ OVERHEADS, and then when the turn over is at max, ie when the next 3 x 717 are introduced its for sale to the highest bidder, stuff the staff, bonuses are much more important. why do you think there seperating the AOC and business units?? Once we have divided the engineers and sufficient numbers have left, the business units are seperat we can place the chosen few we want in SA and the new owners can deal with whats left.
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lowerlobe
What possible reason could you have for "not discussing it" from behind your cloak of anonymity? Other than a complete lack of knowledge on the subject?
I didn't suggest that it WAS in trouble... merely that selling a company for a fraction of its real value implies a level of financial difficulty. If it was strong and in good shape, it wouldn't be cheap.
You asked the question yourself and I have no intention of discussing my thoughts in a public forum...but your next question...
Does the company really look like it is in trouble.......Your the only person I have heard to suggest so.
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Airline and Regional Services Div to be sold !
Regional services to be sold next year to a division of Jetstar called Express Ground Handling which is the division associated with Express Freighters operation ( both flight and ground crew) B717/146F,727F and non Blue tail 146's-----food for thought-----
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What possible reason could you have for "not discussing it" from behind your cloak of anonymity? Other than a complete lack of knowledge on the subject?
You can read into that whatever you want.
I didn't suggest that it WAS in trouble... merely that selling a company for a fraction of its real value implies a level of financial difficulty. If it was strong and in good shape, it wouldn't be cheap.
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727ace wrote
So if i read it correctly, the 717 Qantaslink, and the 146/727 AaE will be sold and wrapped into Express Freighters. Now as only a few 146's are part of the AaE contract, and from what you have written, the remainder of Regional Services (ie mining FIFO) will remain with National Joke?
And the next question is, what does Express Freighters pay??
Airline and Regional Services Div to be sold !
--------------------------------------------------------------------------------
Regional services to be sold next year to a division of Jetstar called Express Ground Handling which is the division associated with Express Freighters operation ( both flight and ground crew) B717/146F,727F and non Blue tail 146's-----food for thought-----
--------------------------------------------------------------------------------
Regional services to be sold next year to a division of Jetstar called Express Ground Handling which is the division associated with Express Freighters operation ( both flight and ground crew) B717/146F,727F and non Blue tail 146's-----food for thought-----
And the next question is, what does Express Freighters pay??
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lowerlobe
Thank you. Suspicions confirmed.
Silly boy. It is ALWAYS about money, pure and simple.
Remoak,you cannot seriously be asking that question or are you fishing?
You can read into that whatever you want.
You can read into that whatever you want.
If you think that there is only one reason why something is sold above or below it's real value then I would suggest you also believe in the tooth fairy.
Silly boy. It is ALWAYS about money, pure and simple.
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Enough of the accountants penis comparisons already! BORING!
What industrial action are the NJS pilots proposing to take now? I heard there was a meeting last week to discuss it?
Z.
What industrial action are the NJS pilots proposing to take now? I heard there was a meeting last week to discuss it?
Z.
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All we have heard down here in the crystal palace is that meetings have been held in Perth, Darwin and Cairns and to date it has been unanimous in favour of Industrial Action.
That supprised us! We thought there would be some recalcitrant’s who voted against it. We had hoped to use them. Bugger!!!
Our lord and Master has issued a press release advising all is good, no problems operations normal so please don’t be concerned.
That supprised us! We thought there would be some recalcitrant’s who voted against it. We had hoped to use them. Bugger!!!
Our lord and Master has issued a press release advising all is good, no problems operations normal so please don’t be concerned.
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Five Dogs
Nice to know not everyone in the Dallas palace is toeing the company line and feeding the troops B******t.
Keep the rumours coming, I'm sure the NJS guys will appreciate it
Nice to know not everyone in the Dallas palace is toeing the company line and feeding the troops B******t.
Keep the rumours coming, I'm sure the NJS guys will appreciate it
Regional services to be sold next year to a division of Jetstar called Express Ground Handling which is the division associated with Express Freighters operation ( both flight and ground crew) B717/146F,727F and non Blue tail 146's-----food for thought
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Regional services to be sold next year to a division of Jetstar called Express Ground Handling which is the division associated with Express Freighters operation ( both flight and ground crew) B717/146F,727F and non Blue tail 146's-----food for thought
Hey Guys, please please please. Just because PAF has shown himself to be a loony radical in love with worst PM in history in terms of lying, morals, fairness etc etc, please leave the rest of us ex RAAFies alone.
Sunfish, remoak et al - you have have come out and said some pretty offensive stuuff about RAAFies all becaase of one fruit tingle. "Sheltered workshop, poor little dears, subsidised this, subsidised that, spoon fed etc etc." Play the man in this case and stop beating up on the rest of us. What hypocrites you are - you are in there batting for better workers rights, respect for employees, better conditions, an honest living for a fair days work - BUT - you then turn and makes sniping attacks on RAAFies and call them all sorts of names because they happen to work for a company that does just what you are fighting for, ie pays well, subsidises housing for peoplke who move every two or three years so can't set up their own home, provides a good medical coverage, etc etc. The RAAF respects its people for their skills and efforts, perfect, but you want to beat up on the people who enjoy that respect.
And PAF, I have been RAAF for 13 years as well as ex NJS - you have no idea what you are talking about. The difference in attitudes, thinking, respect, etc are enormous. Get out and experience it for a while and then we'll see if you roll over like a frightened puppy and take the stun gun up the arse.
Sunfish, remoak et al - you have have come out and said some pretty offensive stuuff about RAAFies all becaase of one fruit tingle. "Sheltered workshop, poor little dears, subsidised this, subsidised that, spoon fed etc etc." Play the man in this case and stop beating up on the rest of us. What hypocrites you are - you are in there batting for better workers rights, respect for employees, better conditions, an honest living for a fair days work - BUT - you then turn and makes sniping attacks on RAAFies and call them all sorts of names because they happen to work for a company that does just what you are fighting for, ie pays well, subsidises housing for peoplke who move every two or three years so can't set up their own home, provides a good medical coverage, etc etc. The RAAF respects its people for their skills and efforts, perfect, but you want to beat up on the people who enjoy that respect.
And PAF, I have been RAAF for 13 years as well as ex NJS - you have no idea what you are talking about. The difference in attitudes, thinking, respect, etc are enormous. Get out and experience it for a while and then we'll see if you roll over like a frightened puppy and take the stun gun up the arse.