QF-JStar Japan performance comparison
The reason for the inflated success JQ figures is that management need to show some form of performance measurement, KPI's if you like.
There is only so much they could do with QF.
So lets substitute QF business over to JQ and prove how smart we are!
It's their justification for their highly inflated salaries
There is only so much they could do with QF.
So lets substitute QF business over to JQ and prove how smart we are!
It's their justification for their highly inflated salaries
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Quoting Bazzamundi
" Genex, QF are the only airline in the world who carry 2 second officers as part of the crew complement. Cathay and Air NZ carry one s/o and 2 f/o's. BA, United, Emirates and others all carry a heavy 4 crew complement of 2 Captains and 2 F/O's."
Air NZ have a 4 pilot crew as standard on a few routes, PEK, YVR and on occasions when there is a short turn around on slightly shorter routes normally crewed as a three Pilot Crew..
The Standard crewing for 4 pilots is 1 x Capt, 1 x F/O and 2 x S/O. Only when there is a shortage of S/Os, then they may be replaced by either a Capt and/or F/O.So if a four pilot crew included only 1 x S/O the the extra Capt/F/O is acting as a temporary replacement for the missing S/O
" Genex, QF are the only airline in the world who carry 2 second officers as part of the crew complement. Cathay and Air NZ carry one s/o and 2 f/o's. BA, United, Emirates and others all carry a heavy 4 crew complement of 2 Captains and 2 F/O's."
Air NZ have a 4 pilot crew as standard on a few routes, PEK, YVR and on occasions when there is a short turn around on slightly shorter routes normally crewed as a three Pilot Crew..
The Standard crewing for 4 pilots is 1 x Capt, 1 x F/O and 2 x S/O. Only when there is a shortage of S/Os, then they may be replaced by either a Capt and/or F/O.So if a four pilot crew included only 1 x S/O the the extra Capt/F/O is acting as a temporary replacement for the missing S/O
Last edited by ghw78; 15th Apr 2010 at 11:33.
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This thread is one of the best I have ever read on pprune. I thank Capt. K for his efforts. In dissecting the company accounts there is little guidance available making comparison extremely difficult. It has be near on impossible to understand 'contribution margin'
The Sarbanes-Oxley Act was instituted as a result of the collapse of Enron. Students of the corporation would be well advised to see just how misleading Enron's accounting ,record keeping and statements to the market actually were.
The reality is that the Japanese market has allowed an "apples to apples" comparison. This has been very difficult to date. In revealing the reality of JQ international's success or otherwise Capt. K has raised very important issues with respect to statements made by management, the standards adopted by the company and more broadly the issue of transparency in accounting standards and corporate governance. No matter in which "entity" one sits it poses some very big questions...
The Sarbanes-Oxley Act was instituted as a result of the collapse of Enron. Students of the corporation would be well advised to see just how misleading Enron's accounting ,record keeping and statements to the market actually were.
The reality is that the Japanese market has allowed an "apples to apples" comparison. This has been very difficult to date. In revealing the reality of JQ international's success or otherwise Capt. K has raised very important issues with respect to statements made by management, the standards adopted by the company and more broadly the issue of transparency in accounting standards and corporate governance. No matter in which "entity" one sits it poses some very big questions...
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Regardless of the figures the Japanese market has tanked, completely, so its all smoke and mirrors anyway, the only thing increasing loads are Aussies going to the increasingly popular ski market in Northern japan.
The only problem with QF and skiing is that Sapporo is not listed as a destination on the QF web page. So you have to book QF to Narita then either JAL or ANA separately. Last year the JAL flights connected out of Narita to Sapporo but to come home you had to go to Haneda. Not user friendly so most people i know book with Cathay through Hongkong. Just another opportunity lost.
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Not sure why, but the Osaka - Cairns flight was canceled last night. The Narita - Cairns flight departed pretty much on-time for Cairns via Osaka to pick up whatever pax in Osaka. Bit of thread drift, perhaps. Not sure, but given Osaka just started up, this doesn't sound good for a new route.
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February BITRE figures for the Japan Route.
Jetstar Average load factor = 85.85%
QF Average load factor = 94%
Memo to the Board...... have you looked at these figures?
Jetstar Average load factor = 85.85%
QF Average load factor = 94%
Memo to the Board...... have you looked at these figures?
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Over the last few months loads were crap so they re-gigged the flight plans so frequencies were cut so loads will probably appear higher.
Buchanan will be out soon blabbing about record loads for Japan etc...fact is they have been sending the A332 NRT-KIX-OOL and it dosn't even appear to be daily. Appears to be a big bus on the ground every day at OOL now, expect this week which is some holiday week in Japan or something...
Buchanan will be out soon blabbing about record loads for Japan etc...fact is they have been sending the A332 NRT-KIX-OOL and it dosn't even appear to be daily. Appears to be a big bus on the ground every day at OOL now, expect this week which is some holiday week in Japan or something...
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Jetstar Average load factor = 85.85%
QF Average load factor = 94%
QF Average load factor = 94%
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Given Qantas has a world class board full of aviation experience I am sure they can properly explain why Jetstar makes a greater return on equity given they have lower yield and pax numbers
Hey Capt Kremin, are the numbers out on Jetstars passenger numbers for this month yet? I am looking forward to reading how they count the amount of passengers they have again, I am guessing another 30% growth rate
Hey Capt Kremin, are the numbers out on Jetstars passenger numbers for this month yet? I am looking forward to reading how they count the amount of passengers they have again, I am guessing another 30% growth rate
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"the total crewing cost of operating a heavy long haul (4 pilot crew) is significantly cheaper for Qantas than most major carriers due to our ability to carry second officers."
The only attitude problem around here is that guys like bazz actually believe this bollocks.
Some UA 744 FO's post ch11 get less than some QF SO's.
The only attitude problem around here is that guys like bazz actually believe this bollocks.
Some UA 744 FO's post ch11 get less than some QF SO's.
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Yep it appears they are cancelling 4 to 5 flight a week out of OOL (keeping the weekend flights as normal) for the whole of MAY and combining the NRT and KIX flights into a OOL-NRT-KIX-OOL flight instead (I guess the load factors will still look good then!!!)
When I asked the checkin lady the other day at OOL about the flights in May and why a couple of my next few flights have been canceled or as JETSTAR put it 'rescheduled due to operational requirements!!!!!' (And what do I do now!!) she said and quote "Well we're not going to send a empty A330 to Japan if we can't make money are we!?!?!?!"
Oh for the good old days of scheduled airlines!!
When I asked the checkin lady the other day at OOL about the flights in May and why a couple of my next few flights have been canceled or as JETSTAR put it 'rescheduled due to operational requirements!!!!!' (And what do I do now!!) she said and quote "Well we're not going to send a empty A330 to Japan if we can't make money are we!?!?!?!"
Oh for the good old days of scheduled airlines!!
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JAL cutting routes
It will be interesting if Qantas/ Jet* can get some more routes into Japan with JAL cutting 40% of international operations and retiring all 747's shortly... maybe some routes could open up for the QF group?
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be time an Australian carrier or two got in there
That must be the reason why Australian cabin crew are rapidly being replaced by asians earning 12K a year.
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Ratpoison
Have you got any products at all in your home labelled "Made in China-Korea-Singapore-India etc etc" ??? Its a world economy. You go jogging in Nikes made by some $3 a day laborer but would deny passengers the right to use Asian employees when they travel. Hypocrite!! Did you ever fly with Cathay or Singapore? Do you fly a wholly Australian made aircraft? Hypocrite!!!
And as for your use of the English language....haven't seen so much spleen since I first saw that autopsy programme on SBS. At least that was educational. Yours was but a sad insight into a troubled and warped mind.
Have you got any products at all in your home labelled "Made in China-Korea-Singapore-India etc etc" ??? Its a world economy. You go jogging in Nikes made by some $3 a day laborer but would deny passengers the right to use Asian employees when they travel. Hypocrite!! Did you ever fly with Cathay or Singapore? Do you fly a wholly Australian made aircraft? Hypocrite!!!
And as for your use of the English language....haven't seen so much spleen since I first saw that autopsy programme on SBS. At least that was educational. Yours was but a sad insight into a troubled and warped mind.
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Oh genex, you really need to do something about your anger. No doubt, yet another Australian who is too inept to eat at home and has to settle for "takeaway".
"Why you so angry man geeeeeex, ladyboy love you sooo muuuuch. You so handsome man geneeeex. Me not want your money. Love you long time geneeeex."
F***ing idiot
"Why you so angry man geeeeeex, ladyboy love you sooo muuuuch. You so handsome man geneeeex. Me not want your money. Love you long time geneeeex."
F***ing idiot