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AUGUST 24th - QANTAS

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Old 18th Aug 2011, 03:18
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Unbelievable. That pretty much sums up the myopic thinking of Joyce et al: cut the services to London by 50% just THREE months before the 2012 Olympics....

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Old 18th Aug 2011, 03:27
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I'll bet these idiots didn't even know the Olympics were on!!!

Hopefully this complete screw up will attract media and pollies attention and Bob Katter was planning to go and watch.
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Old 18th Aug 2011, 03:31
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Airline veteran Rod Eddington praises Joyce's 'bold move' | The Australian

"It's a tough gig. But this is the best way to give it a go.
"If there's an easy place to do business in Asia, everyone would have piled into it some time ago.
"Good on Qantas for giving it a go, but you might not bet your pension that they'll be successful.
"It's one thing to have the capital; it's quite another to have people who can go in and set up on the ground in Asia, recruit the right local people there, compete with local companies, and be prosperous and profitable."
However, "most of the time our banks have got their fingers burnt when they've gone into the region", Sir Rod warned.
There were two ideas behind Qantas's move, he said. "First, it can't get a competitive cost base here in Australia that allows it to compete in Asia."
The core international routes probably lost about $200 million a year, but that was recouped several times over from the domestic market, "which makes it good money", he said.
The second driver was that "if you can't grow in Asia by taking your Australian business into there, the alternative is to set up in Asia and fly from there into Australia and elsewhere".
If the plan is so obvious from the outside perspective, it's a wonder the truth just won't be told in the first place. I like the last quote from Sir Rod
However, he issued a warning: "This will create the biggest dust-up with unions in some time."
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Old 18th Aug 2011, 03:46
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Mandrake the magician

Interesting to read that 255,280 Performance Rights to Shares for the benefit of Alan Joyce expired worthless on 8 July 2011 due to performance hurdles not being met.
Chicken feed. It's only a couple of hundred thousand bucks, and is mere collateral damage. Branson is no different. Between VB's launch and post float, he creamed $960 mil in under 5 years, most came off the back of AN's demise and Branson flogging his stake in an airline that came virtually free of charge. Branson has always kept a minor share, supposedly so as to show others 'hey, it is a valuable investment, see, I own part of it and I wouldnt do that if it were a lemon' ! All smoke and mirrors.
Back to the Leprechaun - his total take so far since joining the Roo is rumoured to be 20+ mil, so to sacrifice a few hundred thousand in crap shares is chump change. Besides, he can always add in a new form of KPI bonus, become director of another entity or start up operation of another QF branch, arm, leasing company, service provider or some other sneaky project...

AJ should read this however;
Qantas gets an earful from travel agent over failings | Plane Talking
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Old 18th Aug 2011, 04:33
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Sums it up perfectly.
Couldn't be happier with your sad words Jack.
I'd go so far to say that many travellers will actively seek an alternative to what was once Australia's airline: QANTAS.
Homos calling the shots everywhere we turn. How on earth did it ever come to this????????????


bzbzz

Last edited by Mr.Buzzy; 18th Aug 2011 at 04:53.
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Old 18th Aug 2011, 04:36
  #466 (permalink)  
 
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The media was all in favour of the takeover bid when it was first announced, too. Their initial reports on anything (aviation or otherwise) tend to parrot the press releases they've been sent, because it's much easier than actually having to write stuff.

P.S. Good questions Fed Sec (just got a chance to read them) . I wonder if you'll get an answer...
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Old 18th Aug 2011, 04:53
  #467 (permalink)  
 
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If Qantas international is having problems achieving a decent return on its invested capital, then why the hell did the airline buy the A380? This latest venture into Asia will only splinter the Qantas brand further and is doomed to fail.

They should instead focus on building up Qantas 'mainline' by:
  • Getting rid of the A380s and 744s. Smaller, more efficient aircraft such as the 777-300ER and the 787 would offer much more flexibility and allow the airline to fly profitably to more destinations.
  • Improving the product to compete with the likes of Singapore Airlines, Emirates & Etihad, etc.

As someone said earlier, if Air New Zealand can do it, why not Qantas? The biggest threat to Qantas is its own management, who are hell bent on destroying the Qantas brand.
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Old 18th Aug 2011, 05:10
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This was posted on the LAME EBA thread,
Barry Jackson seemed resigned to his fate on the radio yesterday, may as well go down fighting than go down quietly!
Can anyone elaborate, (or provide a link to the radio interview), on this?
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Old 18th Aug 2011, 05:41
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The Federal MP's for Cook and Hughes…where ALOT of Pilots and ginger-beers live……have been VERY quiet since this happened.

Surely they should be asking the right questions for the future of THEIR constituents..

I urge you all to contact your local MP and demand his voice be heard.

Scott Morrison, MP for Cook
[email protected]

Craig Kelly, MP for Hughes
[email protected]

Please add other MP's emails…

TailWheel, perhaps we should make a MP contact sticky?

Cheers all,

KW
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Old 18th Aug 2011, 05:41
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Wink

Maybe his next move will be CEO BA. Removing the competition before he gets there.
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Old 18th Aug 2011, 06:24
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Caneworm it was 2UE

Qantas to axe thousands of local jobs

At 4:40
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Old 18th Aug 2011, 06:24
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Thumbs up Steve Price Herald Sun

A mate of mine forwarded an email that he sent to Steve Price in response to his editorial piece in the Herald Sun today,

" Hi Steve, normally I am a massive fan. I say normally because I can't believe the stuff that I am hearing and reading from you regarding Qantas.
In your article this morning you state, "The problem for the airline is that Australians treat Qantas as their own. We don't expect to have to fly Jetstar when we want to fly Qantas. Our national carrier is the safest airline in the world and frequent flyers will tell you how comfortable they feel arriving at a foreign airport and seeing the kangaroo on that tail."
I believe that this hits on the head one of the main reasons for the demise of Qantas, the fact that we are seeing less red tails at airports that we want and need to visit, coupled with the fact that Qantas is gifting routes and modern equipment to Jetstar means that Qantas is making itself unprofitable.
I can't believe that if I want to fly Qantas internationally from Melbourne, I have no choice but to first go to Sydney and then be restricted to a very small number of international destinations.If I want to go to Paris, I am forced to endure going through Heathrow, sheer lunacy!
If Qantas were serious about reviving the international arm, surely they would expand the network, revitalise the fleet and actually spend some money advertising it.
It is not all about price, it is about convenience of destinations, convenience of departure point (ie Melbourne), comfort of the aircraft and spending as little time as possible in transit. Unfortunately Qantas has none of these key selling points. Mr Joyces announcements do nothing to address these failings, instead all he talks about is reducing costs. Any moron can reduce costs, it takes some spine and initiative to increase revenue.
My ultimate frustration though, is that it seems particularly hard to get a view from anyone with a position of power and respect (ie: you or Andrew Bolt) who does not seem to be toeing the Qantas PR department line. How can there be an objective view from Herald Sun journo's when the Qantas group spends an untold amount of money with full wrap around ad's?How do we, the general public, know that what we are hearing from media commentators such as yourself, is not tainted by the lure of membership to the Chairmans Lounge?
For years I have felt that as a middle aged Australian male, I have had no voice in mainstream media until you came back to Melbourne and MTR started up. I thought finally we had a voice that would pick through the inherent corruption and cronyism of not only our politicians, but big business as well.
Steve, please don't let us down. Next time that you have Mr Joyce on your program ask him some of the hard questions about his company.Ask him how a low cost carrier operating on low yield routes manages to be the "shining light" of the organisation. Ask him how much of the costs of the Qantas group are apportioned to Qantas International, even though the costs are incurred by other entities.
Ask him about his involvement as a director of a company that is making a fortune by leasing aircraft to the Qantas group. Ask him if they are deliberately running down our national icon to circumvent the Qantas Sale Act. Ask him if they are denigrating the company so that he and his cronies can buy it out and asset strip the carcass.
I have no vested interest here, I am a car salesman in the western suburbs of Melbourne who is simply disgusted by the web of lies and deceit being spun by those in charge of our national carrier.
I sincerely hope that you have not been lured into parroting the half truths of the Qantas PR machine by the lure of fancy memberships and cheap travel in the pointy end of the plane Steve.Please do some research on the questions that I have put to you and take up the battle on our behalf because I think that you will find a sordid tale of greed and corruption that if it is not stopped, will lead to the demise of a company that probably most represents everything that is good about our country,
Regards
Name Witheld"

Maybe more of those affected should bombard people like Price and Bolt et al and force them to ask some questions!
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Old 18th Aug 2011, 08:24
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Is it Singapore? surprise surprise

Singapore wins Qantas Asia premium carrier base, probably | Plane Talking
Singapore looks more likely as Qantas base for its planned Asia premium narrow body venture

August 18, 2011 – 5:10 pm, by Ben Sandilands

An application this afternoon by Qantas to Australia’s International Air Services Commission to apply its QF code to no less than the equivalent of 14 Boeing 747s weekly on Jetstar Asia services between Singapore and Thailand makes it likely that Singapore will become the base for its planned Asia based and as yet unnamed premium narrow body carrier.
It is the sort of thing an airline would logically do at any base where it was planning to expand an existing presence. The application can be seen as Qantas ensuring that it has lined up as much by way of transferable code authorisations as it can before it makes an announcement.
The code authorisations sought by Qantas would cover the four return flights a day that Singapore based Jetstar Asia currently flies to Bangkok and Penang in 180 seat A320s.
If Singapore becomes the base for the premium venture based on the same jet, but no doubt configured with much fewer seats, it would be implausible for the IASC to decline to transfer some of those code share designations from Jetstar Asia to the new carrier.
According to Singapore sources all of Jetstar Asia’s flights throughout the region will soon have a QF flight number applied to them, making the network visible and readily bookable on Qantas.com and one of the announced purposes of this new carrier is to provide new business for Qantas by connecting to its Asia gateways, which include Singapore and Bangkok.
Whether or not there is another explanation for the move, the application underscores the size of the Qantas group investment in Changi airport, where it already bases Australian registered Jetstar A330-200s as well as the Singapore flag carrier Jetstar Asia which uses A320s.
Interesting, just a thought, I wonder if GD has anything to do with the purchase/leasing of these aircraft?

Last edited by TIMA9X; 18th Aug 2011 at 15:03.
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Old 18th Aug 2011, 10:24
  #474 (permalink)  
 
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TIMA9X, just another thought...

Is BA just holding the handbag for a moment (SIN & BKK - LHR) and will the dance resume once J*asia is fully identified as QF?
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Old 18th Aug 2011, 11:02
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Corporate Psychopaths

http://mtpinnacle.com/pdfs/Psychopath.pdf

Is Your Boss a Psychopath? | Fast Company

Interesting read.
Well know apparently!
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Old 18th Aug 2011, 17:40
  #476 (permalink)  
 
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Is BA just holding the handbag for a moment (SIN & BKK - LHR) and will the dance resume once J*asia is fully identified as QF?
Yeah, BA left holding the handbag alright, until AJ gets a brainstorm and schedules a J* 744 flight for an early morning arrival in SIN. AJ would sell it as "a convenient connection for passengers," they would have all day to collect their bags to recheck-in for that evenings BA flight to LHR. Of course there would be an option (say, The Starbag option) for all J* passengers, $100 per bag and they will be automatically be transferred for you including a bonus muffin per bag checked in. (for me, that's AJ's mentatality)

Seriously, Willie Walsh at BA Willie Walsh (Irish businessman) - Wikipedia, the free encyclopedia must be thinking (like Kerry Packer did with Alan Bond once), you only get one "Alan Joyce in your business life" After all these years Qantas spent flying the famous Kangaroo route they are going to hand half of it over to us! Some have said on here that it is not good to be emotional when making business decisions. I say in this case, it's hard not to be emotional with what AJ announced last Tuesday, it p*ssed me off!

What is the Qantas board thinking? They are allowing this Irish numbskull (with no apparent people skills) to wreak havoc with the Qantas brand that many of you on here have dedicated your life to keep this once iconic brand alive and well, considering all the unnecessary stress these current managers have heaped upon you all because they made poor decisions that they will not own up to! In airline terms Qantas has been badly managed for the past ten years because it did not invest in the right equipment, (poor capital management) but only last Tuesday night on the 7.30 report AJ could only bang on about upgrading lounges in LAX SIN etc. What's the point if the passengers have to endure traveling on tired equipment between upgraded airport lounges which only a fifth of the passengers flown use at best!



Ok, I don't work for Qantas but know a few people who do and I come from a strong aviation family so I suppose I am an outsider on here, but hell I support you all, It does my head in to see what these managers are doing to you, by making 1000 people redundant is effectively displacing 4000 family members in one foul swoop.

I know what that is like, I was living in Thailand when virtually over night the political situation turned for the worst and I had to get out. With my young family (suddenly my and the wife's jobs had disappeared over night) we boarded QF 2 for Australia after 17 years living out of Oz. I was surprised that day how the old QF I knew for over 30 years just wasn't the same. Something wasn't quite right. After the meal service when everything settled down I got talking to a FA. To cut a long story short it took about 30 seconds before he mentioned that name, Alan Joyce, which has haunted me ever since I have been back in Australia.

Forgive me for sharing this with you all, but I felt it was time for me to let out my reasons why I have probably spent too much time on pprune the past nine months. It is because the staff at Qantas have done nothing wrong, it is the management who are wrong. My mates who help me with the videos, music etc all believe in one thing, we don't want to see good families displaced because of poor management decisions.

Telling the truth appears to be foreign to this CEO who resides at Q, not for me.

Rant over, stay strong guys

Last edited by TIMA9X; 19th Aug 2011 at 00:33.
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Old 18th Aug 2011, 23:40
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The Qantas Patsy:Allan Joyce

This post is in no way intended to support or condone the revelations made by Allan Joyce in the last few days.
What is happening to Qantas was begun by Strong,perpetuated by Dixon and put on steroids by Leigh Clifford.
When Dixon left with his tail between his legs (and a lot of money)most of his executive cronies left soon after.Who or what was left to continue down Dixon's path of Qantas destruction?The Qantas board is the only constant.Joyce is nothing more than a compliant messenger.Leigh Clifford also has an agenda.He is a right wing,anti union narcissist who was deeply upset by the destruction of Work Choices.
Lets be clear no one in management is capable of original thought or long term planning.The future of Qantas has been mapped out by Oldmeadow and Boston consulting and rubber stamped by Cliffird and the board.Lesley Grant's so called task force was and is a farce.Consultants made most of the suggestions during these meetings while Grant and her coterie merely muttered and nodded their heads in agreement.
Having met Joyce on several occasions I found him to be a pleasant nervous little man with a tendency to be nerdy.He has been mentored most of his adult life and is surprisingly a little idealistic and naive.It has been mentioned before but he is compliant.As is evidenced by his media presentations he is nervous and uncomfortable in the spotlight.He is not by any measure a strong or forceful personality.Next to Clifford he is little more than a garden gnome.
The point of all this is that Joyce is nothing more than patsy who is doing the dirty work of the board and Clifford.There is very little invective directed toward the board or Clifford.Joyce is copping the flak.
Whatever the outcome Joyce will eventually disappear back to Ireland.He is not Australian.He does not have the same connection to Qantas that we do.When he leaves he will take the blame with him .The board and Clifford will come out smelling like roses.It is for these reasons that I believe that all attention should be directed to the board.They are the people who should be held accountable.They have signed off on this.They should be brought out into the light of public scrutiny and questioned at length.
Joyce is nothing more than a puppet patsy being manipulated by Clifford and the board
The board have names.The media and unions should direct their questions to them and bypass Joyce completely.
The boards plan for Qantas will fail.Something needs to be done now or Qantas will disappear and a long tradition of excellence in Australian aviation will die with it

Last edited by DEFCON4; 18th Aug 2011 at 23:54.
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Old 18th Aug 2011, 23:53
  #478 (permalink)  
 
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The share price - that's what the market think of the board, senior management and strategic direction
Engagement levels - that's what the staff think of the board, senior management and strategic direction
Market share - that's what the customers think of the board, senior management and strategic direction

43% reduction in brand value, plummeting skytrax rating, shrinking network, nonviable fleet - that is the RESULTs of the board, senior management and strategic direction.

And the answer is - $500m investment in a muffin franchise!! Exactly who is in cloud cuckoo land?

The board and management have to go!
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Old 18th Aug 2011, 23:56
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DEFCON you are correct of course, but also don't forget the others on the Board who have allowed this process to evolve, they have either been compliant or complicit and either way they are culpable.

Lets us hope that their involvement in these disgraceful events follows them wherever they next sit at the table and absorb the corporate largesse.

How would you like to sit next to any of them at a progressive and responsible corporate entity and wonder what they are thinking or planning to do next? The word contagion comes to mind.

It is far too much a stretch of the imagination that they will ever personally reflect on their roles and accept some responsibility unless they are dragged into Court and held accountable.

Make no mistake they would have been advised of the strategy, the way it was to be engineered and the actual financial performance and there are only so many times they can say "I don't recall" before their own credibility will be brought into question.

I suspect this game is nearly over (sadly) as all have been suckered into a phoney dispute which has concealed the true agenda which was suspected but is now out there for all to see.

Many families have and will be affected by all of this but how the hell are they ever going to manage this company going forward|? They may have got rid of 1,000 (if that is the true number which I doubt) but don't forget there are some 34,000 who will remain for the short term, probably 30,000 who are not managers, all of whom will now operate in an environment of venom and mistrust and likely most will wage their own "war of one" in their own subtle way.

I cannot fathom this having a nice ending for anyone.
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Old 19th Aug 2011, 00:08
  #480 (permalink)  
 
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The Good Guys Lose.The Bastards Win

The pasengers will lose though poor service and escalating airfares.
The shareholders will lose through destruction of equity value.
The workforce will lose.Some their jobs and others there dignity
Qantas will lose because many of of the remaining workforce will be even further disengaged.
Australia loses because its tradition of Aviation safety and excellence will die.
The Board and Senior Management will win.When this thing fails it will be Golden Parachutes for them and no accountability.It appears that in this world that justice has become non existant
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