Jetstar response to: How Australian is Jetstar?
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So let me get this straight.
Qantas Mainline now effectively quarantined.
Quantifiable requirements ensconced in the Qantas Sale Act to prevent Qantas Off-shoring itself (read jobs).
A greenfield entity called Jetstar created to lower costs and compete more effectively.
Growth, all growth? now through Jetstar.
Jetstar a part of the Qantas group (when it suits them?)
Why isn't Jetstar contrained to the same extent as Qantas when it comes to off-shoring its functions overseas as per the Sale Act?
Either Jetstar is a part of Qantas or it isn't?
Qantas Mainline now effectively quarantined.
Quantifiable requirements ensconced in the Qantas Sale Act to prevent Qantas Off-shoring itself (read jobs).
A greenfield entity called Jetstar created to lower costs and compete more effectively.
Growth, all growth? now through Jetstar.
Jetstar a part of the Qantas group (when it suits them?)
Why isn't Jetstar contrained to the same extent as Qantas when it comes to off-shoring its functions overseas as per the Sale Act?
Either Jetstar is a part of Qantas or it isn't?
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Either Jetstar is a part of Qantas or it isn't?
Remember the A330 engine failure few weeks back? They said it was just received by QANTAS and QANTAS Engineers are investigating the problem.
Any issue with Jetstar it is always QANTAS engineers inspecting them.
Basically it is a seperate company but lives like a parasite, always some blood to suck when PR requires it!
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Sorry AoA,
obviously my rhetorical question didn't resonate enough rhetoric.
However ,serious question this time.
Is Jetstar beholden to the "Qantas Sale Act"?
I'm aware of the seperate entity argument, however if push came to shove just how "separate" would they actually be proven ,to be?
obviously my rhetorical question didn't resonate enough rhetoric.
However ,serious question this time.
Is Jetstar beholden to the "Qantas Sale Act"?
I'm aware of the seperate entity argument, however if push came to shove just how "separate" would they actually be proven ,to be?
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gasket
JQ as an entity (asset) is no more subject to the Act than Snap Fresh Frozen Foods (another Q catering spin off)....the real issue is that the Act can prescribe Q's shareholding (in part) but the Q Sale Act does not control the route approvals (IASC).
Q can gift sell or xfer assets or capex to JQ irrespective of the Act - sadly and scarily, Q can also give JQ (any or all) its routes. In fact EVERY QF international route approval is subject to route flexing options wherein the use of approved capacity can be utilised by:
"Qantas Airways Limited, Jetstar Airways P/L, or another majority owned subsiduary of the Qantas Group"
The latter (more recent) unnamed entity in the route approval changes suggests that even the "orange cancer" theorists will need to pay close attention to the future corporate mutations.
For me the Sale Act is reasonably clear and tested. The IASC's delegated decision making however offers far less certainty and could be a lethal red rat trap
AT
PS: Jane the former delivery architect of this panama flag style strategy is now doing the same at Virgin (is the route Vaus, DJ, PBA-NZ or PBA-Aus??? )
JQ as an entity (asset) is no more subject to the Act than Snap Fresh Frozen Foods (another Q catering spin off)....the real issue is that the Act can prescribe Q's shareholding (in part) but the Q Sale Act does not control the route approvals (IASC).
Q can gift sell or xfer assets or capex to JQ irrespective of the Act - sadly and scarily, Q can also give JQ (any or all) its routes. In fact EVERY QF international route approval is subject to route flexing options wherein the use of approved capacity can be utilised by:
"Qantas Airways Limited, Jetstar Airways P/L, or another majority owned subsiduary of the Qantas Group"
The latter (more recent) unnamed entity in the route approval changes suggests that even the "orange cancer" theorists will need to pay close attention to the future corporate mutations.
For me the Sale Act is reasonably clear and tested. The IASC's delegated decision making however offers far less certainty and could be a lethal red rat trap
AT
PS: Jane the former delivery architect of this panama flag style strategy is now doing the same at Virgin (is the route Vaus, DJ, PBA-NZ or PBA-Aus??? )
You are absolutely correct the-flying-z. I am cynical, but the reference was made to the J* cadetship, not cadets in general. Not quite sure about the **** though! FYI I fly daily with ex Cadets (now F/O's) and if the program is done professionally and equitably, I have no issue with it.
For your third post perhaps you could be just a little clearer as to whether you are contemplating joining the J* scheme, pondering what action should be taken to counter it, or just sitting on the fence.
I may be a cynic, and my powers of clairvoyance may have diminished, but that probably comes from the fact that I have been in this game longer than you have been alive!
Crikey Kelpie. After Tax!
It's worse than I thought!
For your third post perhaps you could be just a little clearer as to whether you are contemplating joining the J* scheme, pondering what action should be taken to counter it, or just sitting on the fence.
I may be a cynic, and my powers of clairvoyance may have diminished, but that probably comes from the fact that I have been in this game longer than you have been alive!
Crikey Kelpie. After Tax!
It's worse than I thought!
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Is Jetstar beholden to the "Qantas Sale Act"?
I'm aware of the seperate entity argument, however if push came to shove just how "separate" would they actually be proven ,to be?
I'm aware of the seperate entity argument, however if push came to shove just how "separate" would they actually be proven ,to be?
Interesting though that when the GFC bit in Virgin Blue shifted some staff straight over to VA, yet only months prior DJ was making it clear that both companies were completely seperate and in no way linked. Hard to transfer staff between two totally unconnected companies isn't it ? All those CEO's and senior managers in the 'individual' companies is really just a farce then isn't it, a way to have mates dropped into plum roles when they are in fact not required.
