AUGUST 24th - QANTAS

[Callicutt Kid]

600ft/lbs.

Aircraft complement at Jetstar Pacific is 5 B737 and 2 A320.

The bar girls and the local hangout are not happy because all the pilots are working flat out with 5 B737 all serviceable(Few APU's missing),Airbus short of crew. There not drinking beer and playing pool with them all too tired.Not like the old days.
19 pilots resigned/ran away in the last 6 months with more to follow.Ship is listing but with new management on the way it might stem the tide and normal beer drinking/pool games will back in place.

[600ft-lb]

Everyone can see the HUGE depreciation/amortization costs associated with the failing mainline.

Qantas has leased 9 A330's to Jetstar Intl Ops.
Qantas has leased 5 A320's to Jetstar Dom Ops.

A330-200's have a list price of $200million.
A320's have a list price of $85million

Depreciation is over 20 years in Qantas.

If Jetstar had to pay the depreciation 'costs' on their balance sheet, of the A330's roughly 9 x $10million = $90 million / year the underlying EBIT looks a bit sad.

If Jetstar had to pay the depreciation 'costs' on their balance sheet, of the A320's roughly 5 x $4.25million = $21 million / year the underlying EBIT looks even sadder.

$169million - $111million = $58million If the same standards of depreciation were applied to the Jetstar balance sheet as they are to the Qantas balance sheet.

I don't claim any level of accuracy here please point it out to me if I'm wrong, I'm happy to be corrected.

Of course it makes sense to put the aircraft on the balance sheet for depreciation purposes on the side of the group which benefits the group as a whole I don't dispute that, I do dispute if the above is the case and it's being used as an industrial tool to drive down wages.

[Captain Gidday]

if any retrenchments were needed of pilots that all the over 58s would have to go first. Can anyone confirm this for me?

Nope, sorry to dash your hopes, Dragon Man. As I recall, there was a clause in that LOA that over 58s would be retrenched before any pilots younger than 58, but it only applies to those pilots [under 58] who were employed by QF at the time of the vote. Many hundreds of pilots who are not subject to this clause have been hired since that vote, so these 'new hires' will be 'first off' before the over 58s.

[TIMA9X]

Let's hope no one loses their job.

The momentum is strong and supportive from the public. Talkback radio appear to be strongly on the staff's side.

These days we have social media, check this out, made by a young concerned Australian who supports all of the Q staff.



Made me feel good that this person contacted me for help, and cared enough to take the time to do it, he is 15 years old and all his idea.

.

[Collando]

Here's an idea ! How about a shareholder motion for the next AGM be put forward to have an independent forensic accountant to have unfettered access to audit qantas in regards to the allegations of cross subsidisation accounting practices, reporting back to unions and management simultaneously. The way I see it, if the management have nothing to hide then the shareholder will have peace of mind that the management are not being uneconomical with the truth and can put to rest union suspicions of cost shifting. The management have made statements that this has not occurred so they should have nothing to lose. The shareholders have nothing to lose except hearing the truth which surely most would want to know. If the management have nothing to hide then this is a win win situation for them. If not, well ................................
Certainly it is a win win situation for shareholder.
What do you all think?

What does it take to get a motion up?

If it doesn't get up then it's almost an admission that there is something to hide !!!!

[Dixons Millions]

Too late, I think.... All had to be tabled by Th 25th to be allowed as a motion on 28th Oct AGM... do stand to be corrected tho...

[Angle of Attack]

fdr,

Agree totally with your post but

QF Freight... Well for a fleet of... 4 B737 and 1 B763, wow

Dont forget the fleet of Atlas Air Contract 747's hauling around worldwide under QF flight numbers, they also contribute to the freight figures, and rumour has it 744's may be going to EFA from next year!

[1a sound asleep]

I bet the freight includes cargo carried in the International pax fleet that supposedly lost $200M. I bet QF FF never paid proper prices for redeemed fares either....

Loss of $200M - ad back the losses due to volcanoes, earthquakes etc PLUS freight PLUS underpaid FF fares PLUS underpaid use of fleet on domestic routes PLUS compensation paid for late delivery of A380/787 orders PLUS JQ underpaying for QF services and international would have made a profit

[TIMA9X]

Well, they are starting to ask the right questions

Qantas loses altitude due to brinkmanship

Alan Joyce is a diminutive character with a broad Irish brogue, a lilting accent combined with an easy charm. There's no doubt he is confronted with a monumental challenge, what with wildly fluctuating fuel prices, a competitive onslaught from heavily subsidised carriers from Asia and the Gulf, fickle demand and an uncertain global economy.
But the longer he continues with this strategy of trash-talking Qantas, the more he runs the risk of damaging his own credibility and that of the airline.
Take his angry outburst on Wednesday at the press conference to announce the results. Long-haul pilots had accused him of cost shifting within the company, that Qantas international was subsidising Jetstar operations, a claim repeated by Senator Nick Xenophon.
According to Joyce, that was ''in line with the moon-landing conspiracy theory that we didn't land on the moon''.
''It's in line with Elvis is alive and well and serving in a McDonald's somewhere in Manly. Qantas subsidising Jetstar is another one of those great conspiracy theories.''
A simple denial would have sufficed. Let's face it, everyone knows Elvis is working in a pizza joint on the Grand Parade in Sans Souci. Just as everyone knows that every company cross-subsidises costs from various divisions when it suits them.

and this,

Qantas is a fully integrated airline. It has domestic, international and budget operations all run through a single frequent-flyer rewards system. It should have integrated back-office systems. If it hasn't, the question needs to be asked - why not?

International passengers flying into Australia are directed onto Qantas domestic or Jetstar flights. The notion that Qantas international somehow is a stand-alone operation is ludicrous because it would be impossible for the company to operate without it.

Earlier this month, Joyce unveiled his ''five-year plan'' for Qantas, a high-risk push into Asia with two new airlines - a domestic operator in Japan and an upmarket full-service carrier in south-east Asia.Exactly where that will be has yet to be decided. Perhaps Kuala Lumpur. Maybe Singapore. The paucity of detail would suggest this merely is an idea, not a concrete plan. Again, this may simply be part of the broader threat against the unions with projections of 1000 job cuts.

Qantas's previous thrusts into Asia have been less than spectacular. Jetstar Asia, based in Singapore, only recently managed to edge into the black, six years after it was established. And its internal Vietnamese operation, Jetstar Pacific, has been a nightmare, financially and politically. my bold

Read more: Qantas loses altitude due to brinkmanship

Now the media is starting to get the message, this is very encouraging, it's in the Saturday press, the biggest day of the week for newspaper business stories

enjoy.
.

[manfred]

An interesting article that I don't think has been posted here before:

Knowledge Today - Qantas branding: does the maths add up?


Also comments from Andrew Bolt's readers on Janet Albrechtsen's article, the readers (who are very conservative), aren't exactly all behind her point of view:

Qantas struggles to fly with its unions on board | Herald Sun Andrew Bolt Blog

[Nudlaug]

Qantas ad campaign spends millions on self hatred | Plane Talking

Way too many good quotes in this article to post em, you need to read the whole thing..... Nailed it!

And this CEO is accusing the employees of trash talking the brand, what a joke! I have never ever seen a management team that has done more damage to its own brand than this lot, absolutely astounding that it is allowed to go on!

[bandit2]

They seem to be able to find the money for these ads, pretty quickly don`t they. It`s interesting to read they`re still pusing the same BS. Everytime I see these ads, I believe it`s a sign that they`re struggling to keep up & the negative publicity is hurting them. Thank you Bob, Nick, ALAEA, TWU & AIPA & to all those people behind the scenes. Thank You again.

[Take five]

The Garden Of Allah - Don Henley

Because there are no facts, there is no truth, just data to be manipulated
I can get you any result you like....what's it worth to ya?
Because there is no wrong, there is no right
And I sleep very well at night
No shame, no solution
No remorse, no retribution
Just people selling t-shirts
just opportunity to participate in this pathetic little circus
And Winning, Winning, Winning' "

It was a pretty big year for predators
The marketplace was on a roll
And the land of opportunity
Spawned a whole new breed of men without souls
This year, notoriety got all confused with fame
And the devil is downhearted
Because there's nothing left for him to claim

Says It All Really

[fishers.ghost]

A Qantas Captain Speaks Out

Warning: Qantas Pilot Richard Woodward at Sydney International Airport. Picture: Anthony Reginato Source: The Sunday Telegraph



A HERO pilot who has flown for Qantas for 14 years predicts the possible death of the airline if it moves its business to Asia.

Richard Woodward, an A380 captain, said pilots were devastated by the plans for a move and fears the brand is fast losing its sparkle.
The 56-year-old, who lives in Avoca on the central coast, said: "The road to Asia is paved with the tombstones of companies that have tried and failed and we don't want Qantas to be one of them.
"I see a situation where one of the most recognised brands in the world is shrinking and moving offshore and there is potential for it to become a shadow of its former self."
The pilot, who has been with Qantas since 1987, said of the airline: "It's the spirit of Australia. There is a real emotional attachment to the brand. That will be lost and everything Qantas stands for and what customers want and expect."


Qantas long-haul pilots voted 94 per cent in favour of taking industrial action against planned restructuring.
"That was a sign the pilots were very frustrated and wanted to do something about it," said Mr Woodward.
"They were looking at the prospect of their airline shrinking and their careers going down the gurgler."
Mr Woodward, who started his aviation career with a scholarship to train with the air force, won an air force cross for saving 47 people in one day from a flood. He now flies long-haul to London and LA.
"I have had a wonderful career in aviation in Australia. It's been very good to me. We are in a situation where maybe 180 200 of our pilots are going to be made redundant.
"I feel very strongly for those young pilots, I feel they should have the same opportunity that I had."
He said there was anger over the release of figures which said the airline had doubled its net profit to $250 million.
"The pilots were asking why we have to make people redundant when it is posting profits," he said.
When he first started with the Qantas in 1987 on the classic 747's, he flew all over the world, "We went to Honolulu, in Hawaii, Johannesburg in South Africa, Harare in Zimbabwe and all over Asia."
Woodward said the service and the fact the airline was such a strong symbol of Australia was what made people keep coming back to use it," he said.
When people get on the plane and they hear the Australian accent they say 'It's good to be home.' The crew say, "we've still got thousands of miles to go' and they reply 'it doesn't matter, we are on an Australian aeroplane, we are home.' It is so good to hear that."

[fishers.ghost]

A Few Typos

If the Capt started in 1987 it would mean he has been with Qantas for 24 years....not 14 years

[booglaboy]

Just another small example of how they are deliberately running down qantas international. I have 3 jetstar cabin crew-Thai based, paxing on qantas from bkk to Mel before they operate jetstar from Mel. Who pays? Jq? No way! Qf supports so much of Jq it's scary.

[Captain.Que]

Outstanding

Well done Richard.It takes a great deal of courage and integrity to speak out under these circumstances

[TIMA9X]

Mods, sorry for the repetition, but for the record, I believe this video deserves a place on this thread as well. It was aired the night before the 24th but for some reason we were unable to watch on the 7.30 report website (until now, good to watch if you missed it.) I have tried to record all the media lead up/on the 24th (on this thread) so we can view what was said with the hope management said something that may come back to bite them.. Trust that this is OK, as I know many on here may have been out of the country when all this stuff happened.




.

[KAL__Aviator]

A HERO pilot who has flown for Qantas for 14 years predicts the possible death of the airline if it moves its business to Asia.

I know of a couple of more heroic ex naval carrier Captains who have heaps more experience and I'm supposed to listen to their predictions of an airline ops? Based on plain gut feel? That others had failed and Qantas will fail too?

"I feel very strongly for those young pilots, I feel they should have the same opportunity that I had."

Well, young lads today, can no longer have what aviation used to offer. Anyone seriously think that any airline management will even remotely consider a pilot's career in their planning is either delusional or pathetic.

When people get on the plane and they hear the Australian accent they say 'It's good to be home.' The crew say, "we've still got thousands of miles to go' and they reply 'it doesn't matter, we are on an Australian aeroplane, we are home.' It is so good to hear that."

That probably constitutes a small minority, judging from the growth achieved by foreign carriers like EK, CX, SQ etc. I know some of aussies who swore they will never take another Qantas flight if there's an alternative of the above mentioned carriers. Reasons? Cabin and ground service. And Qantas management is the one that should be blamed for the lack of services provided?

I feel sorry for the fact that there isn't a compelling and convincing argument so far from the pilot side. Do you seriously think that Qantas pilots's image is that strong that it holds an extra premium for AJ to sacrifice his big fat bonus?

Capt Woodward rightfully earned profound respect for what he had achieved previously. But to put him up for media for such sensational rebuttal without providing some supporting factual numbers, I'm afraid you hardly catch attention of most fence sitters. I do hope you folks can come up with something real soon, real quickly.

Don't bother trying to shoot the messenger, nor trying to call me a company stooge. I'm far from ever coming close to this part of the world apart from my regular layover with my even more inferior job but pays for what's left of my sad little remaining life.

[1a sound asleep]

I know some of aussies who swore they will never take another Qantas flight if there's an alternative of the above mentioned carriers. Reasons? Cabin and ground service. And Qantas management is the one that should be blamed for the lack of services provided?

Why Australians are abandoning Qantas?

1. Qantas fares are often higher than other premium carriers
2. Other airlines using new planes with greater comfort
3. Other airlines offer 1 stop to many destinations that are 2/3 stop on QF
4. Perceived safety compromises with history of recent accidents/incidents
5. Rip Off QF FF - excessive charges and too hard to book
6. People are sick of the brand trashing
7. Fed up with being dumped on to JQ for connecting flights
8. 23kg baggage limit verus 30kg on Emirates in Y

Just maybe if Management admitted that 99% of the above is QF management fault then just maybe QF employees would be a little more symapthetic

Management to blame for

1. Greed and trough feeding
2. Wrong Fleet
3. Allowing JQ to sabotage QF
4. Wrong Fleet purchases
5. Ripping of passengers
6. Not investing in core International Product
7. Poor Route Planning
8. Total arrogance
9. Lack of leadership at every level
10. Pissing off shareholders and putting their own benefits first

Its about time the press trashed the management of today and the past 10 years instead of trashing the airline and its pilots/employees

The current share price is dramatically LESS than the cash reserves and nett assets of the airline. BUY SOME QAN SHARES AND TAKE CONTROL BY VOTING OUT MANAGEMENT AND THE BOARD