QF shares hit $2.00, discuss
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For all of those that think that the Australia Flag Carrier airline should be rescued by government interventions....... I hope you all drive Holdens and Fords, wear Australian made clothing, and use Australian made appliances at home.
If not then please understand why the rest of Australia may not think it so important to save QF when there are so many other cost effective travel products on offer to them.
MP
If not then please understand why the rest of Australia may not think it so important to save QF when there are so many other cost effective travel products on offer to them.
MP
Last edited by Managers Perspective; 9th Jun 2012 at 06:43.
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Don't worry MP Steve has all the answers and he fix everything (with his left hand only). Seriously though the company has to change and that is not going to be pretty. It is obvious that intl will be either scrapped or will only fly to lax and lhr. Jq to take over other routes.
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Is that not the ultimate aim Capt. Kremin? QF simply a much loved brand, but JQ the work horse. Of course it's the answer. As stated before, Aircraft maintained in Bucketstan, full Asian crews with perhaps a Australian cabin manager, Asian pilots, starting to arrive as S/O's F/O's and ready to take what slim pickings are offered, just glad to move the family here and give their kids a good start , all slow and insidious, is that not has been happening the last ten years? Check out most of JQ's OS CC, Asian, except the Cabin Manager, The drivers still mostly Australian, don't expect that to stay, Laying off of Australian engineers, (the aircraft of today don't need as much service) well tell that to the drivers on that A380, no, QF is going down a one way street, but to get around the govt. to get around the public, softly softly catchee monkey does it. All the wringing of the hands and wiping of the brow by Joyce, does not cut it, Dixons baby is growing up, and its the young bull against the old bull syndrome, and all of a sudden the Roo has a firmly glued Orange star on its arse, and you blokes will be asked/ told take the money offered or leave. Just a matter of time. Its suits the govt (little job loss) it suits the public (QF is still visable) it suits the board (we can run this joint on the smell of a oil rag) but for the staff of QF simply shattering.
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What's your beef with Steve cargo? Feeling threatened? It's embarrassing to read your continual attacks that are baseless and pointless to boot. No one wishes to see Qf fail. The persons responsible for this current predicament are Joyce /Clifford/Dixon/current board and upper management. The staff love the company and have continually accepted change and efficiencies. safety however should never be diluted yet this is what is occurring
This play is called "Bait and switch".
1. Qantas International is making "losses".
2. Qantas Domestic is making "Profits".
The script will run something like this...................
On Tuesday morning Qantas will go to a trading halt.
The Qantas Board will announce that the loss making Qantas International will be put up for sale.
Minister Albanese will announce that the Government is open to amendments to the Qantas Sale Act to facilitate the transaction. The Opposition will concur.
Macquarie Bank will be retained as lead advisor to the deal.
The actual "deal" is beyond my knowledge at the moment. It may be a share split for shareholders, it could be a rights issue or a private placement by an overseas partner.
The intent however is plain : transfer control of the Qantas International operations and the international brand to a private operator. Most probably the staff will be left behind, probably the aircraft too.
The new operation will be staffed by short term contractors - Australian in name only.
The names behind the deal will be the APA Boyz club.
The second alternative is a complete Board and senior management spill.
There is a third alternative - "partnership" with a Chinese airline which will eat Qantas shareholders alive.
To put that all another way; if you expect the people who got you into this mess to get you out of it, you are mistaken.
1. Qantas International is making "losses".
2. Qantas Domestic is making "Profits".
The script will run something like this...................
On Tuesday morning Qantas will go to a trading halt.
The Qantas Board will announce that the loss making Qantas International will be put up for sale.
Minister Albanese will announce that the Government is open to amendments to the Qantas Sale Act to facilitate the transaction. The Opposition will concur.
Macquarie Bank will be retained as lead advisor to the deal.
The actual "deal" is beyond my knowledge at the moment. It may be a share split for shareholders, it could be a rights issue or a private placement by an overseas partner.
The intent however is plain : transfer control of the Qantas International operations and the international brand to a private operator. Most probably the staff will be left behind, probably the aircraft too.
The new operation will be staffed by short term contractors - Australian in name only.
The names behind the deal will be the APA Boyz club.
The second alternative is a complete Board and senior management spill.
There is a third alternative - "partnership" with a Chinese airline which will eat Qantas shareholders alive.
To put that all another way; if you expect the people who got you into this mess to get you out of it, you are mistaken.
Last edited by Sunfish; 9th Jun 2012 at 08:04.
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Labor government are out at the end of their term... Leave some sort of legacy and Nationalise it. Put the the 3 bil cash back in to budget for the headline grabbing surplus. Sell off jetstar as an international franchise that has to stand on its own, but has an alliance with qantas. Run Qantas intl in conjunction with tourism Australia, I.e a 50mill advertising blitz on Australian inbound tourism advertisements = 50mill seat sale on Qantas intl including joint advertising. Ditch the hi-fly contract and fly our own troops around the world... In fact consolidate some maintenance and training Infastructure with adf and save more money than even Joyce could lose...
Just wait till shares hit $0.80...
Just wait till shares hit $0.80...
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I dont now what all the fuss is aboat. All shares are droping just check the market. Qantas was not going to stay high forever. You all just need to setle down a bit and give Mr Joyce a go he is trying his best in these very dificult times.
For all of those that think that the Australia Flag Carrier airline should be rescued by government interventions....... I hope you all drive Holdens and Fords, wear Australian made clothing, and use Australian made appliances at home.
Errr, had a bit of a think about that, Yep still drive an Australian made car, Hmmmm not so sure about the clothing, since all the wan##kers have taken the clothing offshore, I am pleased to report that I no longer buy Bonds undies, coz they are no longer Australian.
Hmmm, Oz made appliance, well genius, who would that be then???
Last edited by Arnold E; 9th Jun 2012 at 09:42.
You must look at this thread and think to yourself, "what a failure I am as a manager". Now I know you are asking why is that so, " I am an excellent manager", well you are not. "Why" I hear you cry? well, lets have a look at the facts, you dont seem to have convinced your people to follow you. There can be no argument then that in your chosen field you have failed, that cannot be in question. Alan Joyce is also a demonstrated failure for the same reason, people dont follow him,they are pushed, not the way to get maximum effort.
I have worked for some very, very tough people in my time and have had absolute respect for them, because I knew that they would back me if I was right, (but would chastise me if I was wrong) but do it fairly.
Good Managers lead, do you or Joyce do that?? Look at the facts, you havn't been able to bring the troops along, yep, you are a failure.
I have worked for some very, very tough people in my time and have had absolute respect for them, because I knew that they would back me if I was right, (but would chastise me if I was wrong) but do it fairly.
Good Managers lead, do you or Joyce do that?? Look at the facts, you havn't been able to bring the troops along, yep, you are a failure.
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Guys
Qantas may have been an iconic brand, with a heritage, and a heart and soul..........
....but its still a legacy carrier with a legacy carriers costs.
Until the Aussie Dollar weakens, and concessions made which bring employee numbers and costs down to that of Virgin or lower, it will be a very sick airline.
The QF employees want someone to come in and make them feel loved, and somehow finance a load of B777 orders, without lowering their own costs.
Qantas is gone without the employees changing their attitude.
Look at this forum, you turn off the QF engines, but the whining continues.
Qantas may have been an iconic brand, with a heritage, and a heart and soul..........
....but its still a legacy carrier with a legacy carriers costs.
Until the Aussie Dollar weakens, and concessions made which bring employee numbers and costs down to that of Virgin or lower, it will be a very sick airline.
The QF employees want someone to come in and make them feel loved, and somehow finance a load of B777 orders, without lowering their own costs.
Qantas is gone without the employees changing their attitude.
Look at this forum, you turn off the QF engines, but the whining continues.
Thanks Alan
I dont now what all the fuss is aboat. All shares are droping just check the market. Qantas was not going to stay high forever. You all just need to setle down a bit and give Mr Joyce a go he is trying his best in these very dificult times.
As long as you encourage managers to destroy their own departments through ridiculous KPI/Bonus programs QF was only going in one direction.
What other company in the world would shut down departments who were world leaders in their field? It's insanity.
The QF and the Ansett debacles are as a result of incompetent management and greed which is so prevalent in Aviation.
Aviation is not hard to make money if you run airlines as airlines and not some sort of money spinning venture or in the case of Ansett as a cash cow for News Ltd.
Murdoch buggered up Ansett and Joyce (or who ever he's working for) will bugger up QF
What other company in the world would shut down departments who were world leaders in their field? It's insanity.
The QF and the Ansett debacles are as a result of incompetent management and greed which is so prevalent in Aviation.
Aviation is not hard to make money if you run airlines as airlines and not some sort of money spinning venture or in the case of Ansett as a cash cow for News Ltd.
Murdoch buggered up Ansett and Joyce (or who ever he's working for) will bugger up QF
Qantas is gone without the employees changing their attitude.
Is joyce doing that, I dont think so, if fact, that is demonstrated by the the fact that employees are so disengaged.
( notice no capital for joyce, no respect you see.)
I have worked for some very tough people that not everybody liked, (I did) but everybody respected.
See the difference???
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I dont rekon he can even ad upp. the sharmarkit has gon down by unly aboat 5 pursent or so in the lasst munth but qanas is down about 35 pursent in the same peryod. thats meybe why peepul are conserned.
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....but its still a legacy carrier with a legacy carriers costs.
Until the Aussie Dollar weakens, and concessions made which bring employee numbers and costs down to that of Virgin or lower, it will be a very sick airline.
Aviation is simple and the forefathers got it right before the bean counters took over.
Fly the right aircraft to places people want to go, with a product they are willing to pay at the right times for at a fair price.
Qantas fly the wrong aircraft to the wrong locations at the wrong times and charge a premium for it.
Imagine if they used the dugong from all capitals to a hub and then 777s/787s in the spoke for the long haul.
Keep the gong for sub eight hour sectors and the wide body boeing twins for long haul.
Africa through a Perth hub. Asia through Darwin, South America through Melbourne, North America through Sydney and Europe through Singapore. Use strategic partners on these routes and profit/code share.
Feed it all through a strong domestic network.
Just imagine.
Fly the right aircraft to places people want to go, with a product they are willing to pay at the right times for at a fair price.
Qantas fly the wrong aircraft to the wrong locations at the wrong times and charge a premium for it.
Imagine if they used the dugong from all capitals to a hub and then 777s/787s in the spoke for the long haul.
Keep the gong for sub eight hour sectors and the wide body boeing twins for long haul.
Africa through a Perth hub. Asia through Darwin, South America through Melbourne, North America through Sydney and Europe through Singapore. Use strategic partners on these routes and profit/code share.
Feed it all through a strong domestic network.
Just imagine.
Last edited by The Green Goblin; 9th Jun 2012 at 11:29.