Dixon To Retire Early
Join Date: Jul 2008
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TurbTool:
You're obviously concerned about the contribution margin as well. And I can guess which side of the fence you're on.
FDG135:
Actually you must not understand the business if you are not asking this.
About 4 or so years ago when the rapid expansion of VB slowed, it was not due the arrival of Jet*, but the fact that they had expanded so fast that their support systems (engineering etc) had hit capacity. Since the support systems caught up they have been consolidating. Also several other factor have caught up with them, lack of fuel hedging and their ageing fleet now costs more to maintain than when they first arrived (something about to start appearing on the Jet* radar and balance sheets).
So now they (VB) are coming after the premium business (high yeild) traffic. And why.... because QF have forced them into a position where they have to, at the same time the premium mainline brand (where most if not all of the profit is made) is being canibalised in an effort to prop up your so called success. It sure makes a lot of sense to piss off your high yield business customers by withdrawing mainlne service from a port and inflicting them with Jet*.
Don't forget the fight that GD picked with Tiger in SIN (Jet* Asia - which has lost how much??) and now the reply from up north is Tiger in our own back yard. The Singaporean's have deeper pockets than QF, not to mention the loss of face issue. They will be here for a long time to come.
The person who gets to try and put all the peices back together again is going to have their work cut out for them.
If not for the second part of your post, you may received some support of your query
FDG135:
You must live in a darkened room with no contact with the outside world to be asking this
VB was a significant threat to Qantas when they came along but are nowhere near that threat level now
So now they (VB) are coming after the premium business (high yeild) traffic. And why.... because QF have forced them into a position where they have to, at the same time the premium mainline brand (where most if not all of the profit is made) is being canibalised in an effort to prop up your so called success. It sure makes a lot of sense to piss off your high yield business customers by withdrawing mainlne service from a port and inflicting them with Jet*.
Don't forget the fight that GD picked with Tiger in SIN (Jet* Asia - which has lost how much??) and now the reply from up north is Tiger in our own back yard. The Singaporean's have deeper pockets than QF, not to mention the loss of face issue. They will be here for a long time to come.
The person who gets to try and put all the peices back together again is going to have their work cut out for them.
Join Date: Aug 2001
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He is not going until April, 2009.
Still some unfinished business... icons are hard to kill off.
True the brand is in a Darth Spiral, but it can be retrieved in a decade or so.
By April next year that will not be possible.
Still some unfinished business... icons are hard to kill off.
True the brand is in a Darth Spiral, but it can be retrieved in a decade or so.
By April next year that will not be possible.
Join Date: Mar 2000
Location: QLD, Australia
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Leigh Clifford is ex CEO of Rio Tinto, a company I worked for during most of the nineties. Rio Tinto does not take kindly to Prima Donna's, BS artists or fools. Unfortunately a large portion of QF management fit into one or more of these categories, and they tend to stifle those who show real promise as efficient managers.
When it comes to sorting out inefficient mine sites Rio Tinto like to do their culling from the top, and then work their way down to the shop floor. All Prima Donna's, BS artists and fools are systematically extracted and either outright sacked, or moved to positions which would cause lose of face and their resignation.
It is a very messy process with much nashing of teeth, but the outcome (as they say) justifies the means.
If this is the start of a culling op, then GD will be just the start.
When it comes to sorting out inefficient mine sites Rio Tinto like to do their culling from the top, and then work their way down to the shop floor. All Prima Donna's, BS artists and fools are systematically extracted and either outright sacked, or moved to positions which would cause lose of face and their resignation.
It is a very messy process with much nashing of teeth, but the outcome (as they say) justifies the means.
If this is the start of a culling op, then GD will be just the start.
Join Date: Apr 2000
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Originally Posted by derek zoolander
Jeez Spinner, there'll be no one left in management.
The profit margin will soar without the senior management bonuses. The preflight company INTAM list will become negligible. Tens of thousands of dollars will be saved in paper and printing costs as meaningless and pointless Memos, FSOs, and various other bits of paper are eliminated and my mailbox goes on a crash diet. And we'll actually be able to operate under the same set of rules and procedures for more than a single week. Heck, the regular attempts by the company to breach my employment contract might even cease!
I'm really looking foward to it!
Join Date: Dec 2007
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Jetstar Intl s demise.
Quote .from BLOW.N gasket.My predictions reference Jetstar:
Jetstar domestic, safe as houses
Jetstar International ???? particularly under a regime of high fuel costs???
I think you have got the facts back the front.
The JQ A330 are still costing 35% to 50% less than QFs even with the high fuel prices.For example flts to KL,SGN,HKT, 2 crew not 3.If EBA 8 mirrors the 655 pages of EBA 7 then we will see who is as safe as houses.
Jetstar domestic, safe as houses
Jetstar International ???? particularly under a regime of high fuel costs???
I think you have got the facts back the front.
The JQ A330 are still costing 35% to 50% less than QFs even with the high fuel prices.For example flts to KL,SGN,HKT, 2 crew not 3.If EBA 8 mirrors the 655 pages of EBA 7 then we will see who is as safe as houses.
Join Date: Apr 2008
Location: On a long enough timeline the survival rate for everyone is zero
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The JQ A330 are still costing 35% to 50% less than QFs even with the high fuel prices.For example flts to KL,SGN,HKT, 2 crew not 3.
I think we may be waiting a while.
Nunc est bibendum
It never ceases to amaze me the pride that some have in the fact that they are paid less and have poorer conditions than others who do the same job. The only people that should be proud of such a thing are the management that convince you that it's all your worth! 
Given that you're obviously ignorant as to both how a 655 page EBA has developed over the forty plus years since the LH pilots had their award and and the award simplification proposed in EBA8 then perhaps you shouldn't comment. 
I hope too that you're not intending for your comments to be interrupted as coming from Jetsbest who is a QF driver with a reputation for posting things that far exceeds your current demonstrated performance.
If EBA 8 mirrors the 655 pages of EBA 7 then we will see who is as safe as houses.
I hope too that you're not intending for your comments to be interrupted as coming from Jetsbest who is a QF driver with a reputation for posting things that far exceeds your current demonstrated performance.
Join Date: Aug 1999
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I'll bite,
..
So tell me again is that why Jetstar is pulling out of KL and reducing SGN aircraft to a 321?
This could be a windup alert
The JQ A330 are still costing 35% to 50% less than QFs even with the high fuel prices.For example flts to KL,SGN,HKT, 2 crew not 3.If EBA 8 mirrors the 655 pages of EBA 7 then we will see who is as safe as houses.
So tell me again is that why Jetstar is pulling out of KL and reducing SGN aircraft to a 321?
This could be a windup alert
Join Date: Dec 2007
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Ummm...maybe the Qantas group has decided to redeploy their resources. Why the heck aren't you happy that they have a flexible and adaptable suite of brands and fleet? Beats me. Do you dread the sun coming up in the morning?
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Genex, your mate Jetbest said that
and provided the examples of SGN and KL. I simply pointed out that I reckon this was a slight exaggeration and that perhaps not is all as it seems at J* International.
Feel free to enlighten us if you have further info. Perhaps what is the J* International complement to the Groups bottom line as Management has failed to open the books since J* started flying. Huntley and numerous other brokering firms have been itching to find out how much too... Real figures, not the cryptic type that Tiger produce, like their high load factors and big increases in ASKs, they are meaningless to us accountants and show people are trying to hide the real results..
As for
tell that to the passengers who start seething when they are told their flight is now Jetstar and they have a full fare ticket expecting full fare service.
Jetstar is 35-50% cheaper than Qf
Feel free to enlighten us if you have further info. Perhaps what is the J* International complement to the Groups bottom line as Management has failed to open the books since J* started flying. Huntley and numerous other brokering firms have been itching to find out how much too... Real figures, not the cryptic type that Tiger produce, like their high load factors and big increases in ASKs, they are meaningless to us accountants and show people are trying to hide the real results..
As for
adaptable suite of brands and fleet
Join Date: Dec 2007
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Would that seething be something like the mood I feel getting onto an aging 737-400 or a 767 that should have been saucepans long ago? Or cabin attendants whose last smile was long ago at their 50th and who never do quite make eye-contact with you when you just want to get an apple?
And....any brokers analyst who couldn't figure out JQ's cost structure on the back of an envelope should give up.
And....any brokers analyst who couldn't figure out JQ's cost structure on the back of an envelope should give up.
Join Date: Jan 2005
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How can Jetstar be 35 to 50% cheaper? Jetstar wages might be about 30% lower than QF, but other costs such as fuel, aircraft leasing, maintenance, landing fees, airways charges, administrative staff all remain the same. The only way they could be 35 to 50% cheaper to operate on a given route overall is through clever accounting.
Will be interesting to see in the results this year how much Jetstar contributes to the cost of fuel hedging.
Will be interesting to see in the results this year how much Jetstar contributes to the cost of fuel hedging.
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the mood I feel getting onto an aging 737-400 or a 767 that should have been saucepans long ago
btw. You didn't answer the question. How much will J* international contribute to the bottom line? Oh those brokers who don't know are UBS, Goldman Sachs, MacBank, etc etc etc (just small companies)
Nunc est bibendum
Speculation only.
I reckon that the announcement will be made at the Annual results in August with a changeover time frame that takes us through to February/March/April next year. I'll be very surprised if Geoff is gone before that.
genex, the lack of investment in the mainline product is noted and felt by us all. Many of us are surprised that we're still flogging around in old 767s although the 737-400 fleet is due to be gone within the next couple of years. The decision by Geoff et al to persist with a tired and expensive fleet on it's premium service where the big profits lie domestically whilst shunting lots of new capacity at the growth of a segment that contributes less per aircraft to the profit result- despite the lower costs of said aircraft- and in Geoff's own words is 'softening' mystifies many industry observers.
Then again, so does decisions that result in many hundreds of thousands- and probably now into the millions- being expended on fighting an extra 2% pay rise for a highly skilled part of the organisation.
I reckon that the announcement will be made at the Annual results in August with a changeover time frame that takes us through to February/March/April next year. I'll be very surprised if Geoff is gone before that.
genex, the lack of investment in the mainline product is noted and felt by us all. Many of us are surprised that we're still flogging around in old 767s although the 737-400 fleet is due to be gone within the next couple of years. The decision by Geoff et al to persist with a tired and expensive fleet on it's premium service where the big profits lie domestically whilst shunting lots of new capacity at the growth of a segment that contributes less per aircraft to the profit result- despite the lower costs of said aircraft- and in Geoff's own words is 'softening' mystifies many industry observers.
Then again, so does decisions that result in many hundreds of thousands- and probably now into the millions- being expended on fighting an extra 2% pay rise for a highly skilled part of the organisation.
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The @$$clowns that are running engineering
into the ground keep mumbling something big
will happen in 2 weeks. Hopefully that is when
GD leaves us and they come to their senses.
into the ground keep mumbling something big
will happen in 2 weeks. Hopefully that is when
GD leaves us and they come to their senses.