AIPA President on Radio National
WorthWhat,
S&P considered Qantas' credit metrics to be weak for a BBB rating in it's Sep 2009 report, this is not new news. S&P have consistently been the most pessimistic amongst other credit rating providers.
Regards,
MHA
S&P considered Qantas' credit metrics to be weak for a BBB rating in it's Sep 2009 report, this is not new news. S&P have consistently been the most pessimistic amongst other credit rating providers.
Regards,
MHA
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Thanks Helix.
Will be exciting to see how the Radio National whinge and JetStar Asia’s push into Australia, NZ, Europe and beyond shapes Australia’s aviation policy, Qantas' strategy, Oneworld’s integrated global alliance plans.
Watch the share price closely.
Big freight train on the way.
Will be exciting to see how the Radio National whinge and JetStar Asia’s push into Australia, NZ, Europe and beyond shapes Australia’s aviation policy, Qantas' strategy, Oneworld’s integrated global alliance plans.
Watch the share price closely.
Big freight train on the way.
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Yesterday the Full Bench of at Fair Work Australia found that AIPA has the ability to bring its Fair Work application. Understand that the next step in this process is for the Full Bench to decide if Jetconnect's NZ operations do form part of the Qantas Short Haul operations.
Hmmm! Given that Jetstar Asia is only 49% owned by Qantas and Jetconnect is 100% held by Qantas, can’t see how AIPA’s Fair Work Case can rope in Jetstar Asia’s offshore operations into Australian & Europe.
Can someone out there can please explain what is going on and how it will stop Qantas jobs hoping off to JetStar Asia.
Hmmm! Given that Jetstar Asia is only 49% owned by Qantas and Jetconnect is 100% held by Qantas, can’t see how AIPA’s Fair Work Case can rope in Jetstar Asia’s offshore operations into Australian & Europe.
Can someone out there can please explain what is going on and how it will stop Qantas jobs hoping off to JetStar Asia.
It won't, all they MAY achieve is Jetconnect operations being absorbed into mainline and the pilots going to Jetstar.
This will now force QF to expand their asian operations further, all for the sake of a few aircraft flying across the Tasman!
This will now force QF to expand their asian operations further, all for the sake of a few aircraft flying across the Tasman!
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It all comes down to local jobs and local money, which is not compatible with the airline industry´s wave of globalisation...it is a truth and hard one to swallow, with no real second option as I see it.
Australia is a high tax / high cost of living country. These reasons alone explains the bulk of the apparent discrepancy between the headline rates of pay.
What the airlines really want is a third world cost/tax base, yet first world income. Tax, labour & regulatory arbitrage through a mobile & transient workforce.
As they are finding out in the US & Europe, you can only destroy middle class jobs with these type of strategies for so long before it removes the income & tax base that actually supports the whole system. An economy based on Low income service jobs / highly remunerated executives & not much else in between will fail.
In the short run it will boost profits for the companies, in the long term it will destroy the economy.
I´ve found many foreign airlines´ standards and training equal or better than our beloved QF... please leave aside the "us and them foreigners" whinge. It all comes down to local jobs and local money, which is not compatible with the airline industry´s wave of globalisation...it is a truth and hard one to swallow, with no real second option as I see it.
Not to mention a fault in the 737 which ended in a major fatality in Europe which when occurred in a QF aircraft they just carried on and landed and wrote it up. So I would humbly suggest that standards and experience have EVERYTHING to do with it.
Additional to this who in foreign countries can afford to be a pilot anyway?? Australia is one of the highest wage earning countries in the world and becoming a pilot is a serious financial challenge, so if it is expensive for us to learn to fly how much more is it for foreigners?
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Breakfast burrito your point re relative net income and overseas airline wages is a good one. Airlines that have cost advantages courtesy of their governments (EK and the middle eastern juggernaut) distort our market. This is one of the reasons I think the Tasman has become an airline basket case. Allowing fifth freedom style rights to EK has allowed massive capacity dumping that serves only to lower the profits of the indigenous carriers. The benefit is lower price tickets to Europe and NZ.
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“I humbly suggest you investigate the number of crashes Asian airlines have had in the past 20 years then get back to us on the bit about foreign airlines having equal standards.”
Are you aware that there are airlines in Asia that have never had an accident? Are you aware that several airlines in Australia have had accidents?
“So I would humbly suggest that standards and experience have EVERYTHING to do with it.”
I would suggest these are two VERY different things. My observation from flying in Australia and Asia is that Australia has rather poor standards masked by generally high experience levels.
Neville, what experience do you have flying for Asian based airlines?
Are you aware that there are airlines in Asia that have never had an accident? Are you aware that several airlines in Australia have had accidents?
“So I would humbly suggest that standards and experience have EVERYTHING to do with it.”
I would suggest these are two VERY different things. My observation from flying in Australia and Asia is that Australia has rather poor standards masked by generally high experience levels.
Neville, what experience do you have flying for Asian based airlines?
