QF to shed 2000 jobs
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If you really want to know I'll explain it to you one day. Right now there's about 40 aircraft in JQ livery working night and day carrying a lot of traffic.
May be 40 jets burning expensive oil with only marginal yield.
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In the business section of the Australian today, in a article, it is recorded as saying QF profits may fall by two-thirds this financial year. I won't bore you with the rest but it finishes up by saying, as quoted from two financial analysts "The transferring of capacity from Qantas to Jetstar may of benefit, longer term". This of course is not lost on QF and JQ beancounters, and has to be considered to be very much a threat down the track. (Not surprising to many of us), but it the first time I have actually seen it written In bold black letters in a major newpaper.
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What are your estimates for Jetstar's profit this time round 250mil?
Here are figures...
Jetstar Brands
Jetstar A320 operations, which include domestic Australia, Trans-Tasman and short-haul
international, achieved a PBT of $112 million or a four-fold increase on the comparative year result of
$23 million. Date June 2007
Some (not me
) may argue that JQ is heavily subsidised in its foundation there fore making profit figures even more rubbery.
Without JQ, Qantas would have been gutted by now. Virgin, Tiger and anyone else would only have needed to steal a few % of QF's traffic to leave your airline dead in the water.
If you really want to know I'll explain it to you one day. Right now there's about 40 aircraft in JQ livery working night and day carrying a lot of traffic. Do you in your wildest dreams believe that many of them would be flying QF today if Jetstar didn't exist?
If you really want to know I'll explain it to you one day. Right now there's about 40 aircraft in JQ livery working night and day carrying a lot of traffic. Do you in your wildest dreams believe that many of them would be flying QF today if Jetstar didn't exist?
Last edited by Bolty McBolt; 22nd Jul 2008 at 06:42. Reason: My memory was 12 month inacurate
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Jetstar's Market Demographic
Jet* appeals to the lower end of the market.The passengers who use JetStar would normally use a bus or have never flown before.
Start putting Jet* on routes where passengers are used to a full service carrier and passenger numbers will decline.
Rather than use Jet* many Japanese who wish to travel to Australia are now flying to Singapore and KL,transitting and then continuing on.
Jet * has limited appeal .You will not get high yield J Class pax using the orange star carrier.
There are too many downsides to Jet* for the experienced traveller.
It exists on price alone...the cost of fuel has all but destroyed any cost advantage it may have had.Anything above $85 a barrell and LCCs are bleeding red ink.Virgin has seen that and has changed its model accordingly.
Full service carriers have more leeway in what they can charge for a seat.Not a lot of leeway but enough
Jet * is being propped up by the Qantas Groups Resources...thats a fact
Start putting Jet* on routes where passengers are used to a full service carrier and passenger numbers will decline.
Rather than use Jet* many Japanese who wish to travel to Australia are now flying to Singapore and KL,transitting and then continuing on.
Jet * has limited appeal .You will not get high yield J Class pax using the orange star carrier.
There are too many downsides to Jet* for the experienced traveller.
It exists on price alone...the cost of fuel has all but destroyed any cost advantage it may have had.Anything above $85 a barrell and LCCs are bleeding red ink.Virgin has seen that and has changed its model accordingly.
Full service carriers have more leeway in what they can charge for a seat.Not a lot of leeway but enough
Jet * is being propped up by the Qantas Groups Resources...thats a fact
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Teresa Green, here's the quote from the rest of the article.
Seems some analysts see the J* growth stategy as a possible risk.
MC
Deutsche also had a long list of risks, including rises in crude prices and jet fuel refiner margins, execution of the Jetstar growth strategy, worse than expected capacity growth and yield dilution.
MC
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jet.jackson or anyone else, do you think this whole new Japan scheme is going to work(as in NRT coming intp the equation)
Jetstar should just do 3 weekly ex Sydney to NRT and thats it, nothing else. Just one port. D7 does well out of OOL because they have a very well developed and known International and domestic operation in and out of KL. Where is Jetstar is not known in and out of Toyko. "What is a Jetstar" is what they will be asking!
Send you A330's to places like Europe, USA. Somewhere a long long away were we can all go to visit on cheap prices
I still cant see this Japan operation working, especially KIK-OOL
Jetstar should just do 3 weekly ex Sydney to NRT and thats it, nothing else. Just one port. D7 does well out of OOL because they have a very well developed and known International and domestic operation in and out of KL. Where is Jetstar is not known in and out of Toyko. "What is a Jetstar" is what they will be asking!
Send you A330's to places like Europe, USA. Somewhere a long long away were we can all go to visit on cheap prices
I still cant see this Japan operation working, especially KIK-OOL
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Agree
Jetstar does not work in Japan.
It is generally perceived as an insult by the Japanese.
Qantas sends an unknown second rate airline into Japan and it is not well received by the travelling public.
The Japanese are very savvy globetrotters.
Jetstar doesn't cut it
It is generally perceived as an insult by the Japanese.
Qantas sends an unknown second rate airline into Japan and it is not well received by the travelling public.
The Japanese are very savvy globetrotters.
Jetstar doesn't cut it
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jet.jackson, I agree with you re J* in as much as we flew MEL-SYD-HNL with QF last Easter. At the time of booking (September-October 2007) QF were about A$100/sector more expensive the the JQ flights.
For the extra money we were fed, watered, entertained, earnt QFF points, and did not have the hassle of having to pick up and recheck our bagage through from domestic to international, and vica versa on the return legs.
Nor did we have to make our own way from the domestic to international, and international to the domestic treminals in SYD. Something that the JQ pax did have to do.
We find JQ, and VB OK for shortish trips, but I'm not going sit stuck in a seat for some 10 hours with screaming kids all arround me whan I can get full service if one books early enough and shops arround for fares. This, admitedly, is not always possible.
Cheers
For the extra money we were fed, watered, entertained, earnt QFF points, and did not have the hassle of having to pick up and recheck our bagage through from domestic to international, and vica versa on the return legs.
Nor did we have to make our own way from the domestic to international, and international to the domestic treminals in SYD. Something that the JQ pax did have to do.
We find JQ, and VB OK for shortish trips, but I'm not going sit stuck in a seat for some 10 hours with screaming kids all arround me whan I can get full service if one books early enough and shops arround for fares. This, admitedly, is not always possible.
Cheers
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This from another pprune thread today, reportedly from Dixon,
JETSTAR IS NOW WELL ON THE WAY TO BECOMING A TRUE PAN-ASIAN BRAND. THIS IS A HUGE OPPORTUNITY, BECAUSE INTRA-ASIAN PASSENGER AND FREIGHT GROWTH RATES ARE LIKELY TO BE HIGHER THAN IN ANY OTHER REGION2.
AND THEN THERE IS THE QANTAS BRAND. THE GROUP ANTICIPATES ANNOUNCING A STRONG PROFIT RESULT FOR 2007/08 AND THE KEY CONTRIBUTOR TO THIS OUTCOME WILL BE THE SUPERB PERFORMANCE OF QANTAS MAINLINE.
Who's generating the profits??
JETSTAR IS NOW WELL ON THE WAY TO BECOMING A TRUE PAN-ASIAN BRAND. THIS IS A HUGE OPPORTUNITY, BECAUSE INTRA-ASIAN PASSENGER AND FREIGHT GROWTH RATES ARE LIKELY TO BE HIGHER THAN IN ANY OTHER REGION2.
AND THEN THERE IS THE QANTAS BRAND. THE GROUP ANTICIPATES ANNOUNCING A STRONG PROFIT RESULT FOR 2007/08 AND THE KEY CONTRIBUTOR TO THIS OUTCOME WILL BE THE SUPERB PERFORMANCE OF QANTAS MAINLINE.
Who's generating the profits??
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Dear Jetstar haters,
It will, by my reckoning, be spring soon. Somewhere near you, perhaps in your own garden, there will be roses blooming.
Take in their delicious scent. That's the real world.
For all the rest.....A sheer waste of cyber-space. I have never seen such venomous loathing of other people, employed by the same Group and so brutal an attack on a business strategy. That is unprofessional, cruel and demeaning to both the writer and the recipients.
Just wait for spring......
It will, by my reckoning, be spring soon. Somewhere near you, perhaps in your own garden, there will be roses blooming.
Take in their delicious scent. That's the real world.
For all the rest.....A sheer waste of cyber-space. I have never seen such venomous loathing of other people, employed by the same Group and so brutal an attack on a business strategy. That is unprofessional, cruel and demeaning to both the writer and the recipients.
Just wait for spring......
Nunc est bibendum
Once again genex you mistake criticism of a business model and future plans for that model with criticism of the individuals employed by the business model. I have no beef with J* crew who are probably from the same widespread backgrounds as QF drivers.
Then again, you creating a straw man to attack is a familiar tactic. Shame really given that we agree on some issues.
Then again, you creating a straw man to attack is a familiar tactic. Shame really given that we agree on some issues.
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Kegmiester
Succinctly put.
Dixon was advised against the AO model and went ahead anyway.
Jet* is mark II...the domestic version was necessary and still is.
The international version is a failure and is only being maintained to satisfy dixon's ego.
All this rubbish about what it contributes to the Qantas Group's bottom line is what annoys most commentators.
Where does it fly to?
Where has it flown to and withdrawn from?
Look at the schedule changes to Japan.....gee this hasnt worked...lets try this...no market research done.Ask John Menadue about Japan...he knows whats what.
Dixon goes...Jet* Asia goes.It has been used to drive down mainline costs....mission accomplished...time for a paint job
Dixon was advised against the AO model and went ahead anyway.
Jet* is mark II...the domestic version was necessary and still is.
The international version is a failure and is only being maintained to satisfy dixon's ego.
All this rubbish about what it contributes to the Qantas Group's bottom line is what annoys most commentators.
Where does it fly to?
Where has it flown to and withdrawn from?
Look at the schedule changes to Japan.....gee this hasnt worked...lets try this...no market research done.Ask John Menadue about Japan...he knows whats what.
Dixon goes...Jet* Asia goes.It has been used to drive down mainline costs....mission accomplished...time for a paint job
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packrat...'kegmiester', as you spelt it, would be pronounced kegmeester were it pronounced by a blond-haired, blue-eyed, uber-human! I think you'll find that if it was a pronunciation of kegmeyester you wanted, then the spelling should be kegmeister.
Next point; where have you read that JQ international is a failure and losing money? The only official feedback that I've ever been privy to is the announcement last year that JQ international had achieved profitability far sooner than planned. Is your (and others on this forum - shouldn't be surprised really) more a case of cockpit talk/rumour blossoming into perceived reality? I'd like to see the official quotes of massive loss-making.
And, please, don't confuse JQ Int, with JQ Asia - journalists do that all the time, so I'd expect better from those within our own industry. JQ Int is based here, JQ Asia in SIN, and JQ Pac in SGN.
Hasta la vista.
Next point; where have you read that JQ international is a failure and losing money? The only official feedback that I've ever been privy to is the announcement last year that JQ international had achieved profitability far sooner than planned. Is your (and others on this forum - shouldn't be surprised really) more a case of cockpit talk/rumour blossoming into perceived reality? I'd like to see the official quotes of massive loss-making.
And, please, don't confuse JQ Int, with JQ Asia - journalists do that all the time, so I'd expect better from those within our own industry. JQ Int is based here, JQ Asia in SIN, and JQ Pac in SGN.
Hasta la vista.
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Rad Alt Alive
16 posts in 7 years?...thats about 18 too many from an anal retentive untermeister.
No one has yet to see figures that support your assertion that Jet* international has made any profit at all.
Further the Jet* based in SIN has distanced itself from Qantas recently indicating some dissatisfaction from the singaporean majority shareholder.
The fact that Jet* has three faces is a further indication of the confusion that surrounds the brand...it is many things to no one in particular
No one has yet to see figures that support your assertion that Jet* international has made any profit at all.
Further the Jet* based in SIN has distanced itself from Qantas recently indicating some dissatisfaction from the singaporean majority shareholder.
The fact that Jet* has three faces is a further indication of the confusion that surrounds the brand...it is many things to no one in particular