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How to Fix the Qantas International Business

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How to Fix the Qantas International Business

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Old 16th Jun 2011, 01:26
  #101 (permalink)  
 
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ig·no·rant/ˈignərənt/Adjective
1. Lacking knowledge or awareness in general; uneducated or unsophisticated.
2. Lacking knowledge, information, or awareness about something in particular: "ignorant of astronomy"

Would seem a very apt description of those "running" the business.
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Old 16th Jun 2011, 01:27
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'holic - ignorance does not equal a lack of foresight and lack of courage.
What about if SP was calling them ignorant because of their lack of foresight and courage?

Anyhoo, as much as I've enjoyed playing word games with you, why don't you pick one side and then stick with it. It makes it so much easier for us dumb pilots to follow.
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Old 16th Jun 2011, 01:42
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$1.84 Surely a raider can't be far away?
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Old 16th Jun 2011, 01:54
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I wonder if they can drop below $1? heading that way now.


Hey all please keep the suggestions coming on here or via our office. they are all being collated for later use. Please be very specific with your input, we have lots of replies such as - beter service, more engagement, too many managers, more advertising of Qantas etc..... At this stage a more valuable response would be -

The manager of 3M store requisition and procurement does nothing, he costs .......

The managers have chosen a new route to DFW, 1 in 20 flights are diverted because the fuel tanks aren't big enough .....


Keep em coming guys, other unions are also now contributing.
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Old 16th Jun 2011, 02:13
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Its a great management team isn't it.
The Frequent Flyer Program is the money maker in the company at the moment.
Most of this team were around when they tried to sell it off. What a gem that was.
Now the current CEO wants to cut investment in Qantas, send it to Jetstar and other LCC operations pending.
Why does the management team think the FF program is so popular? Its not because people want to fly on the LCC side of the business, they want to fly the Qantas side of the operation.
If he keeps running/talking down and not reinvesting in the QANTAS side of the operation what is the long term future of the FF program. Of course the effect won't be seen in this current teams bonus horizon so they don't really care. But if people have to save up their points for years and end up on a clapt out Qantas jet or can only get a ticket on Jetstar maybe they may decide they are better off saving money and not collecting FF points.
Thus beginning a slow decline in the value of the FF side of the comapny as well.
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Old 16th Jun 2011, 06:12
  #106 (permalink)  
 
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The strategy of making look the

FF program and J* look very profitable and mainline (according to AJ does not return the investment on capital, only the news papers call it loss making international operation) is to drive through changes. No one knows what FF pays QF for the seats! And we all know how many different types of subsidies J* gets.
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Old 16th Jun 2011, 06:27
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The management team clearly have no idea how to run a full service international airline.

I listened into Crewvoice today, how depressing?

Samantha Tarranto going on about "Jetstar flying to destinations that QF would never fly the 'red tail' to' and introducing our special conference call guest...Neil Perry...who spent the five minutes of the call congratulating Qantas managers how fantastic they are

Apparently the reason he doesn't eat onboard is because he eats in the lounge before he boards the aircraft (slow roasted baby rats anyone?)

The only time Samantha Tarranto perked up was when a crew member mentioned that company approved knitwear is out of stock at DJ's. 'Oh they told us that would always be in stock, I shall speak to my assistant who will arrange a meeting, then another meeting etc...etc..blah...blah'

WTH are these people any good at apart from arranging meeting and costings?

What a miserable company Qantas is nowdays
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Old 16th Jun 2011, 10:17
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How about an IT contract that replaces leased pc's every 3 yrs so as processing speeds increase through new technology, so does our ability to get our job done quicker,Helping to make the work place more efficent, instead of being stuck with tired old pcs that are unreliable. Anywhere else you lease pcs you can replace them with the latest model after the lease term expires.(2-3 yrs)
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Old 16th Jun 2011, 12:56
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funny you raised this Steve
Buy some aircraft with the correct configuration. How can we already be spending hundreds of millions to change the 380 layout?
You've got John Borghetti to thank for that mess!
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Old 17th Jun 2011, 04:43
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Just like a divorce

I've been thinking about this question for a few days and it's a just a broken down relationship and both parties have had a gut full.

We both need to change.
We need to appreciate globalsation is upon our industry but short of surrendering to it we have every right to debate and discuss what to change, why change and what will be the outcomes if we do change. We need to monitor and measure the competition and we need to monitor and measure our own performance.

The managers have big problems reading our threads, they have lied, bullied and betrayed. They will not budge and fail to explain in enough detail their decisions. They take away sources of revenue and keep the expenses, they threaten contracting our business while spoiling the little low cost sister. They lead us down a path of redundancy and then fail to tell us it's not happening. Do you feel valueless in this relationship, disrespected, alienated?

The HR process continues to reward the WIIFM'S's and the bullies. They need to toss the HR manual and speak with concerned parties about who is best for a job, should the job go to an independent should it be in house. Speak with their peers and you will discover who is respected and who is a parasite.

Trust and engagement will only save this relationship and after every LAME UPDATE # x I feel no closer to embracing them. The bull$hit written comes from a puppet, a liar and a bully who fails make a decision and is bent of his own climb up a ladder. The engagement survey (results? still being manipulated ) is over and our manager is back to being a ghost.

Good luck SP but I am happy to seek divorce at the Family court, it's been more than one year and one day.
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Old 17th Jun 2011, 06:24
  #111 (permalink)  
 
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Sunfish, with a market capitalisation today of just 4.1 billion and somewhere between 3 and 3.6 billion in cash the value of the whole outfit is very very low at 1.1 billion to maybe a low of 500,000,000.
It is clearly undervalued. We all know a thousand reasons why. A bust up of the assets and sale of some would see handsome profits.

They must be looking at ways to release value to holders. Just a matter of how.
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Old 17th Jun 2011, 10:38
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The Question

Oh baby they know how.
Its all about timing it just right so they dont spook the market like last time.They want it cheap and you can bet they learnt alot from the last debacle.When it starts it will be swift.Watch for the beginning of a spike in volume of shares traded
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Old 17th Jun 2011, 10:50
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No, it will be the Options market
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Old 17th Jun 2011, 11:11
  #114 (permalink)  
 
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A Different Perspective

The Options Market ?
Now thats thinking laterally
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Old 17th Jun 2011, 11:36
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We are dealing with absolute greed. The insiders will leverage into the options market. It's the first place ASIC look but no one gets caught. It will be a subsidiary of a subsidiary who does the deal and the path will eventually end up in a discretionary trust.

We will be sweet pie for the PE bankers I agree.

BP
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Old 17th Jun 2011, 14:13
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This game don't seem fair!

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Old 19th Jun 2011, 12:36
  #117 (permalink)  
 
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Could start fixing the whole airline if the powers to be were to watch this video.

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Old 19th Jun 2011, 18:27
  #118 (permalink)  
 
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Thanks for the youtube link.

I found it incredibly fascinating to listen to Dan Pink. You can locate his full version also.

Thanks again.
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Old 19th Jun 2011, 19:02
  #119 (permalink)  
 
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Brilliant Brissy!!!!!!!!!!


First thing at Qantas then is to remove the bonuses for management.
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Old 20th Jun 2011, 02:05
  #120 (permalink)  
 
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Not Employees

Management are not employees.They certainly dont see themselves as such.That,dear boy is a large part of the problem at the rat.Management have forgotten their place
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