Qantas: How do We Save It?
Just read this quote from JB in Australian Aviation tonight
"I know a lot of people are thinking that offshoring is the way to go for the future - I don't believe that. How can you have the word Australia on the fuselage and do that? It just doesn't make sense, so what have we done to prove that? Well we have just made a big commitment in building a a hangar in Sydney so we can do maintenance here, some of that work was going to overseas"
A difference in strategic direction there.
"I know a lot of people are thinking that offshoring is the way to go for the future - I don't believe that. How can you have the word Australia on the fuselage and do that? It just doesn't make sense, so what have we done to prove that? Well we have just made a big commitment in building a a hangar in Sydney so we can do maintenance here, some of that work was going to overseas"
A difference in strategic direction there.
Join Date: Sep 2006
Location: back of the crew bus
Posts: 1,312
Likes: 0
Received 0 Likes
on
0 Posts
Sunfish is right.
I would only add... it shouldn't survive anyway. Kill it now and move on.
The future may not be orange, but it is most definitely not moribund legacy carriers.
I would only add... it shouldn't survive anyway. Kill it now and move on.
The future may not be orange, but it is most definitely not moribund legacy carriers.
Join Date: Feb 2006
Location: Australia
Posts: 57
Likes: 0
Received 0 Likes
on
0 Posts
Hang on. The ship hasn't sailed yet.
Whilst it has limitations, PIA by Long Haul pilots and QF Engineers will place
a spotlight on the CEO and Board and will prompt shareholders to ask questions. Woodeneye suggestion has significant merit. At the very least, PIA will place pressure on the share price and make a buy opportunity more attractive.
Qantas management are obviously intent to circumvent the EBA by whatever method necessary and it is no secret that AJ's pitch to the Board to gain his appointment spoke of breaking the unionised Qantas movement. This is "their" plan.
We as a Qantas collective disagree with "their" plan and we hold power. The power to voice and act our concerns.
If AJ wants a fight, bring it on I say.
As the Oils passionately sang, "Better to die on your feet than live on your knees".
PS : Jetstar Asia have just subcontracted the A330 contract to Valueair,advertised through PARC, as they can't fill the positions. Qantas Asia has many hurdles to cross, and AJ is not the man that can make it happen.
Whilst it has limitations, PIA by Long Haul pilots and QF Engineers will place
a spotlight on the CEO and Board and will prompt shareholders to ask questions. Woodeneye suggestion has significant merit. At the very least, PIA will place pressure on the share price and make a buy opportunity more attractive.
Qantas management are obviously intent to circumvent the EBA by whatever method necessary and it is no secret that AJ's pitch to the Board to gain his appointment spoke of breaking the unionised Qantas movement. This is "their" plan.
We as a Qantas collective disagree with "their" plan and we hold power. The power to voice and act our concerns.
If AJ wants a fight, bring it on I say.
As the Oils passionately sang, "Better to die on your feet than live on your knees".
PS : Jetstar Asia have just subcontracted the A330 contract to Valueair,advertised through PARC, as they can't fill the positions. Qantas Asia has many hurdles to cross, and AJ is not the man that can make it happen.
Join Date: Jul 2010
Location: Spain
Age: 68
Posts: 52
Likes: 0
Received 0 Likes
on
0 Posts
Absolutely agree with Artificial Horizons views. The employees actions will have very little effect on the direction the board take QF. QF is after all a business and a business is run to make profits. The board are answerable to the shareholders. The shareholders only concern is the value of their shares and the return on their investment. The shareholders couldn't care less if the aircraft are crewed from Oz , Singapore, London or wherever as long as the aircraft are operating and operating profitably. I would be very surprised if a business that makes $500 million dollars profit would fail but it will certainly evolve into something else. If the international arm is truly losing $200 million a year then the board would be derelict in their duty to the shareholders if they do not take some form of drastic action. The days of the legacy carriers are gone. Welcome to the rest of the aviation world as we know it.
Maggot
Maggot
Join Date: Apr 2008
Location: Europe
Posts: 187
Likes: 0
Received 0 Likes
on
0 Posts
Maggot.
If QF International had really lost 200m, then I would be the first to put my hand up to help.
When you do the numbers from the annual reports over the last 15 years (as published on this forum) it is clear that in fact it is not losing money. This despite having to cross subsidise Jetstar, Jetstar International, Jetstar Asia and Jetstar Pacific AND have to pay massive fines for the 'freight cartel' fiasco.
'Legacy Carriers' such as Cathay and Lufthansa have made very good money in the last 12 months.
The current body of lies from QF senior management about the state of the business is designed to drive the share price down, stick it into the operational staff, and provide an excuse to offshore the company.
Airfrares wont go down as a result of all of this - all that will happen is that management bonuses will increase exponentially.
If QF International had really lost 200m, then I would be the first to put my hand up to help.
When you do the numbers from the annual reports over the last 15 years (as published on this forum) it is clear that in fact it is not losing money. This despite having to cross subsidise Jetstar, Jetstar International, Jetstar Asia and Jetstar Pacific AND have to pay massive fines for the 'freight cartel' fiasco.
'Legacy Carriers' such as Cathay and Lufthansa have made very good money in the last 12 months.
The current body of lies from QF senior management about the state of the business is designed to drive the share price down, stick it into the operational staff, and provide an excuse to offshore the company.
Airfrares wont go down as a result of all of this - all that will happen is that management bonuses will increase exponentially.
AJ never said that intl "lost money" for all but 3 of the last x number of years. He said that intl "did not return the required cost of capital". What is the required cost of capital? A variable figure plucked from the air, dependant on the audience... Don't be fooled!!!
And You Wonder WHy Qantas Has No Future?
And you wonder why Qantas has no future?
These are the sort of people who determine it, in the place where they reside. Look at their behavior. Remember what happened to Ansett?
These are the sort of people who determine it, in the place where they reside. Look at their behavior. Remember what happened to Ansett?
THERE was no love lost when Bob Hawke's eldest daughter suddenly came face-to-face with her stepmother Blanche d'Alpuget in an airport lounge.
Sue Pieters-Hawke and d'Alpuget had to be physically separated by federal police when they allegedly came to blows in Qantas's exclusive Chairman's Lounge at Brisbane Airport on Thursday afternoon.
Australian Federal Police confirmed the incident but said there would be no further action, as no formal complaint had been made by either woman.
The public speaker and author had been in Brisbane to address an aged-care conference when she came face to face with her stepmother, who was returning to Mr Hawke in Sydney.
Ms Pieters-Hawke yesterday confirmed there had been a bust-up with d'Alpuget.
"I can confirm there was incident, and I'm not commenting on it any further," she said.
Ms Pieters-Hawke confirmed she had been working in Brisbane and was returning to Sydney that day on a flight.
She said she was not going to press charges.
"I didn't seek to pursue it any further (with police). I have no intention of doing that," she said.
The Chairman's Lounge is an invitation-only club for Qantas travellers. MPs, High Court judges and elite business executives are among the members, who are treated to fine food and drink.
The pair have previously been involved in a public spat over d'Alpuget's biography of the former PM, in which she portrayed his long-suffering first wife, Hazel, as an ambitious gold-digger.
Upon the book's release last year, Ms Pieters-Hawke angrily defended her mother, who is suffering advanced dementia, saying: "If only she could speak for herself.
"My mother is entitled, on the basis of the life she has lived and the way she has lived it, to be recognised as a person of deep conviction and principled choices," Ms Pieters-Hawke said at the time.
"She was consistently motivated by far more noble concerns than money, where she lived, or the 'reputation du jour' of her ex-husband."
Mr Hawke was released from Sydney's St Vincent's Hospital only on Thursday, after being laid low with a severe bout of pneumonia.
He and d'Alpuget have been married since 1995, after a long-running affair that began when Mr Hawke was Australian Council of Trade Unions president.
Sue Pieters-Hawke and d'Alpuget had to be physically separated by federal police when they allegedly came to blows in Qantas's exclusive Chairman's Lounge at Brisbane Airport on Thursday afternoon.
Australian Federal Police confirmed the incident but said there would be no further action, as no formal complaint had been made by either woman.
The public speaker and author had been in Brisbane to address an aged-care conference when she came face to face with her stepmother, who was returning to Mr Hawke in Sydney.
Ms Pieters-Hawke yesterday confirmed there had been a bust-up with d'Alpuget.
"I can confirm there was incident, and I'm not commenting on it any further," she said.
Ms Pieters-Hawke confirmed she had been working in Brisbane and was returning to Sydney that day on a flight.
She said she was not going to press charges.
"I didn't seek to pursue it any further (with police). I have no intention of doing that," she said.
The Chairman's Lounge is an invitation-only club for Qantas travellers. MPs, High Court judges and elite business executives are among the members, who are treated to fine food and drink.
The pair have previously been involved in a public spat over d'Alpuget's biography of the former PM, in which she portrayed his long-suffering first wife, Hazel, as an ambitious gold-digger.
Upon the book's release last year, Ms Pieters-Hawke angrily defended her mother, who is suffering advanced dementia, saying: "If only she could speak for herself.
"My mother is entitled, on the basis of the life she has lived and the way she has lived it, to be recognised as a person of deep conviction and principled choices," Ms Pieters-Hawke said at the time.
"She was consistently motivated by far more noble concerns than money, where she lived, or the 'reputation du jour' of her ex-husband."
Mr Hawke was released from Sydney's St Vincent's Hospital only on Thursday, after being laid low with a severe bout of pneumonia.
He and d'Alpuget have been married since 1995, after a long-running affair that began when Mr Hawke was Australian Council of Trade Unions president.
Join Date: Jul 2010
Location: rangaville
Posts: 2,280
Likes: 0
Received 0 Likes
on
0 Posts
Ahhhh, probably Yes by way of vetting who they let in there.
Tell me how d'Alpuget gets a gig in there? There would be many more accomplished authors than her that aren't allowed in there.
And Ms Pieters Hawke, come on.
An old boys club, favours re-paid
Tell me how d'Alpuget gets a gig in there? There would be many more accomplished authors than her that aren't allowed in there.
And Ms Pieters Hawke, come on.
An old boys club, favours re-paid
Jack, it's not "favours re-paid" but rather secrets with-held, I'd speculate that Bob could still tell many stories about 89 and more which would stop many a career or worse.
I doubt there is much honour with these people but they understand threats and intimidation, just look at our current crop right up to the present PM.
I doubt there is much honour with these people but they understand threats and intimidation, just look at our current crop right up to the present PM.
Join Date: Mar 2006
Location: Sunny QLD
Posts: 610
Likes: 0
Received 0 Likes
on
0 Posts
Capetonian, the point isn't that the bad behaviour is a reflection on Qantas being a poor business, but that with all the power brokers/ pollies that get gifted chairman's lounge, anyone one trying to fight the big end of town who is against QF is fighting with one hand behind their back.
Yes, they will have to revise the marketing of the Chairman's lounge.
Not only free fine food and drink. But now includes free entertainment.
Do you get free popcorn whilst you watch the biffo?
Not only free fine food and drink. But now includes free entertainment.
Do you get free popcorn whilst you watch the biffo?
Join Date: Jun 2007
Location: With Ratty and Mole
Posts: 421
Likes: 0
Received 0 Likes
on
0 Posts
Cost of Capital~ My Understanding
If Qantas borrowings cost them 7% to service and the profit they make from their business is 4% and this is less than that Capital cost then they are not meeting that cost.Im only a boofhead so I stand to be corrected.
Packrat,
You are right. That is the cost of capital.
However the required cost of capital is whatever they deem it to be.
QF management are VERY good at picking and choosing their words carefully to say one thing, but communicate another.
You have to really look closely at what has been said in order to gauge its true meaning.
You are right. That is the cost of capital.
However the required cost of capital is whatever they deem it to be.
QF management are VERY good at picking and choosing their words carefully to say one thing, but communicate another.
You have to really look closely at what has been said in order to gauge its true meaning.
Hcmcmcclown; with current management the airline has no future as a publicly owned company. As many, many others have posted, the decisions that have been made by QF management are what I will tactfully call "sub optimal" if not stinking rotten, like the totally corrupt APA bid.
What appears to happening from what has been made public is that Qantas management hates its own employees, as documented by dozens of descriptions of events.
The latest being the foreshadowed "announcement" on 24th August. What sort of (reference to female body part plural) tell their staff something like this in advance? If you have any respect for staff, and you believe you have bad news, then you keep it quiet until the last minute then inform and act at the same time. There can be no doubt that QF management is deliberately trying to maximise the pain caused.
And don't try and tell me they don't know what they are doing, it's called "social bullying" and its a recognised form of abuse taught in any HR class, but I guess you wouldn't know that.
What appears to happening from what has been made public is that Qantas management hates its own employees, as documented by dozens of descriptions of events.
The latest being the foreshadowed "announcement" on 24th August. What sort of (reference to female body part plural) tell their staff something like this in advance? If you have any respect for staff, and you believe you have bad news, then you keep it quiet until the last minute then inform and act at the same time. There can be no doubt that QF management is deliberately trying to maximise the pain caused.
And don't try and tell me they don't know what they are doing, it's called "social bullying" and its a recognised form of abuse taught in any HR class, but I guess you wouldn't know that.
Join Date: Oct 2007
Location: gold coast QLD australia
Age: 86
Posts: 1,345
Likes: 0
Received 0 Likes
on
0 Posts
What a great idea, blue amoungst each other, just what the little p^%$k wants you to do. As for picking the date of August 24 shows what a mind he has, also the fact that he knows that pilots will be now afraid to go ahead to take on a mortgage, he knows for those with a very young family or one on the way, will be suffering high anxiety, and he is treating you like a cat with prey, tormenting, slowly. And I thought Hawke and the Fat Man were bad. No wonder the daughter had a spray, Hazel was always far to good for him anyway. the other one suits him perfectly.