Qantas mainline:Where to from here ?
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According to Aviation Centre:
And there is nothing compelling Qantas to keep the jobs in Australia. 
There are big plans for Jetstar.. Most of the 100+ B787's ordered by the Qantas Group were destined for the low cost operation.....Australia's Jetstar has no doubt that the long haul path is the way to go says CEO Bruce Buchanan. 'Future long-haul expansion to Europe is a great opportunuity for Jetstar'.
Rank and File Have Embraced Change
Strong rumour that Jetstar is to anounce a tieup with AirAsia next week. Wouldnt that be interesting.
Basically there are three possible scenarios:
1. QANTAS sorts itself out and returns to profitability.
2. QANTAS doesn't sort itself out and goes bust.
3. Government steps in with a bail out, probably with unpopular conditions attached.
Time frame depends on how much cash is in the bank and the rate at which it's burning up.
1. QANTAS sorts itself out and returns to profitability.
2. QANTAS doesn't sort itself out and goes bust.
3. Government steps in with a bail out, probably with unpopular conditions attached.
Time frame depends on how much cash is in the bank and the rate at which it's burning up.
1. QANTAS sorts itself out and returns to profitability.
2. QANTAS doesn't sort itself out and goes bust.
2. QANTAS doesn't sort itself out and goes bust.
The fancy book juggling that went on to make jetstar look like the group saviour was just that, juggling.
It is tiger and virgin blue and singapore airlines and cathay pacific and emirates and delta and almost every other carrier flying around today in, into and out of australia that are the ones losing money, not Qantas.
And you think Qantas isn't subsidising jetstar operations ? If jetstar can't make money with the silver spoon they're handed everything on there is a major major problem.
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1. QANTAS sorts itself out and returns to profitability.
2. QANTAS doesn't sort itself out and goes bust.
3. Government steps in with a bail out, probably with unpopular conditions attached.
Just look across the road and see how long it takes to get a promotion...
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The fancy book juggling that went on to make jetstar look like the group saviour was just that, juggling.
Just look across the road and see how long it takes to get a promotion...
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Qantas Profit
Watch for guidance from Qantas regarding profit.Other carriers will return to profit in 2010.High yield business travellers will continue to give QF a wide berth.Dont expect much of a profit next year
QF cannot continue to blame the GFC. When things begin to improve QF will continue to lag as the money has not been spent. Premium passengers have left.....Remember it's great to save money but one must remember where the revenue comes from.....
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A Clear Direction For Employees
Joyce needs to provide a clear direction for employees.Include them in the long term decision making process.A staff suggestion scheme would go a long way to allowing employees to participate effectively in the journey.
Strong foolishly used to say that morale was a personal problem.Studies have proved that by improving morale a company can glean a 10% productivity increase for zero cost.
Like Qantas Customers,employees have been alienated.Unhappy employees = unhappy customers.
For too long costs have been the focus of management.To the neglect of the product.It maybe a cliche but to make money in the long term you need to spend money in the short term.Qantas has not spent money on product for at least 10years.There are only 4 A380s in service at present and as yet they havent made a lot of impact.they will have an impact when they reach critical mass at around 10 or 12 in service.That is around 18 months away.By that time it may be well and truly too late
Strong foolishly used to say that morale was a personal problem.Studies have proved that by improving morale a company can glean a 10% productivity increase for zero cost.
Like Qantas Customers,employees have been alienated.Unhappy employees = unhappy customers.
For too long costs have been the focus of management.To the neglect of the product.It maybe a cliche but to make money in the long term you need to spend money in the short term.Qantas has not spent money on product for at least 10years.There are only 4 A380s in service at present and as yet they havent made a lot of impact.they will have an impact when they reach critical mass at around 10 or 12 in service.That is around 18 months away.By that time it may be well and truly too late
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QF cannot continue to blame the GFC.
Why can't I get GD's smirk and $11million heist out of my head - might this be affecting my performance?
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I mean no disrespect to any QF employee. There are just no opportunities anymore in Qantas. The fresh talent is roting at the bottom whilst those rank and file at the top defend the system...
When there's no redundancies going on, loosing around 10% of your workforce each year has gotta be telling you something.
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Mst Ctn
There was no way near 10% of JQ's pilots that left in the past year.
I'd say around 1%, however, over the next few years with all the growth in NZ and Sing there will be many that will seek greener pastures
There was no way near 10% of JQ's pilots that left in the past year.
I'd say around 1%, however, over the next few years with all the growth in NZ and Sing there will be many that will seek greener pastures
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Muff,
The comparison of employee attrition (which the QF group uses as one of the indicators of employee engagement) is in relation to the flying operations component of the business. So includes technical, cabin and other flt ops related staff. The figures do not include non voluntary termination.
Last year QF lost 4.2% of it's staff & JQ 9.0%
The information is available in the years end financial report.
The comparison of employee attrition (which the QF group uses as one of the indicators of employee engagement) is in relation to the flying operations component of the business. So includes technical, cabin and other flt ops related staff. The figures do not include non voluntary termination.
Last year QF lost 4.2% of it's staff & JQ 9.0%
The information is available in the years end financial report.
I don't think you can take turnover of staff, including cabin crew and say that directly relates to staff engagement. Read the results of the engagement survey. Jetstar's staff are far more engaged - it's a relatively new company, the underdog wanting to compete, quick promotion if you are up for it etc. There is engagement there.
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Jetstar staff may be "more engaged" than those of the parent airline. Not surprising, as the transmission of flying has be going on for the last 5 years.
However that does not explain why J* staff attrition has been double that of mainline for the last 5 years.
From the financial report:
However that does not explain why J* staff attrition has been double that of mainline for the last 5 years.
From the financial report:
Attrition has replaced turnover as a workforce planning statistic and as an indicator of engagement. This is consistant of the new management team's focus on employee engagement.