AUGUST 24th - QANTAS
So the questions are...
Was it actually an incorrect part or was it a part that he didn't know was an alternate?
Who fitted it in the first place ?
How was it certified if it was an incorrect P/N ?
How long had it been installed ?
Surprised management haven't jumped on it to have a go at the Engineers.
Was it actually an incorrect part or was it a part that he didn't know was an alternate?
Who fitted it in the first place ?
How was it certified if it was an incorrect P/N ?
How long had it been installed ?
Surprised management haven't jumped on it to have a go at the Engineers.
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Well said, & how true
This is what happens when you get a bunch of Execs who only want to see every action as something that is against their interests. Shameful manipulation of the facts.
Why are we not surprised.
Why are we not surprised.
CBD
The notice for Qantas's annual meeting is expected to be dispatched to shareholders this week, three resolutions lighter than the bulk of the airline's pilots would probably like.
Despite a group of shareholders (endorsed by the pilots' union) getting enough support to put forward a resolution at the meeting, Qantas earlier this month said it had ''no legal obligation'' to carry the resolutions, which were seeking a vote of no-confidence in its chairman, Leigh Clifford, chief executive, Alan Joyce, and the rest of the airline's board.
''Qantas has decided that it is not appropriate for the no-confidence motions and the support statement (in its present form) to be included in the notice of meeting for the AGM,'' said the airline's company secretary, Cassandra Hamlin, in some correspondence obtained by CBD.
''As a matter of company law, regardless of whether or not it is supported by the majority of shareholders present and voting at a shareholders meeting, a no-confidence resolution has no operative effect.''
The proposed resolutions coincide with the increasingly hostile industrial dispute between Qantas and the pilots.
Hamlin in her letter added that the airline had given the Australian International Pilots Association the ''opportunity to submit a revised statement containing the substantive content of the supporting statement, omitting references to s249N [of the Corporations Act] and the no-confidence motions, for circulation to shareholders with the notice of meeting''.
Makes you wonder how you can revise a statement which pushes for a no-confidence motion without referring to a no-confidence motion.
BOARD GAME
Given the Qantas notice of meeting will not contain the supporting statement for the attempted no-confidence motion, CBD has managed to free up some space to include some excerpts from it.
''The board of the company has in recent years presided over a significant destruction in the value of shareholders' interests in the company,'' it starts.
Aside from noting how the share price had fallen from $5.62 to $1.45 since Clifford became chairman, the statement notes some of the events that have occurred under the present board.
These include the fines Qantas has been hit for ''unlawful cartel behaviour''; ''new aircraft have been ordered but not delivered and instead of using aircraft such as the Boeing 777 which competitors in and out of Australia have used with great financial success''; ''several engine failures and a number of safety incidents''; and Qantas falling out of the top 40 in the Readers Digest annual most trusted brand survey. Another event, which is probably the reason for the attempted no-confidence vote, regards Qantas management failing ''to develop co-operative working relationships with its labour force''.
The notice for Qantas's annual meeting is expected to be dispatched to shareholders this week, three resolutions lighter than the bulk of the airline's pilots would probably like.
Despite a group of shareholders (endorsed by the pilots' union) getting enough support to put forward a resolution at the meeting, Qantas earlier this month said it had ''no legal obligation'' to carry the resolutions, which were seeking a vote of no-confidence in its chairman, Leigh Clifford, chief executive, Alan Joyce, and the rest of the airline's board.
''Qantas has decided that it is not appropriate for the no-confidence motions and the support statement (in its present form) to be included in the notice of meeting for the AGM,'' said the airline's company secretary, Cassandra Hamlin, in some correspondence obtained by CBD.
''As a matter of company law, regardless of whether or not it is supported by the majority of shareholders present and voting at a shareholders meeting, a no-confidence resolution has no operative effect.''
The proposed resolutions coincide with the increasingly hostile industrial dispute between Qantas and the pilots.
Hamlin in her letter added that the airline had given the Australian International Pilots Association the ''opportunity to submit a revised statement containing the substantive content of the supporting statement, omitting references to s249N [of the Corporations Act] and the no-confidence motions, for circulation to shareholders with the notice of meeting''.
Makes you wonder how you can revise a statement which pushes for a no-confidence motion without referring to a no-confidence motion.
BOARD GAME
Given the Qantas notice of meeting will not contain the supporting statement for the attempted no-confidence motion, CBD has managed to free up some space to include some excerpts from it.
''The board of the company has in recent years presided over a significant destruction in the value of shareholders' interests in the company,'' it starts.
Aside from noting how the share price had fallen from $5.62 to $1.45 since Clifford became chairman, the statement notes some of the events that have occurred under the present board.
These include the fines Qantas has been hit for ''unlawful cartel behaviour''; ''new aircraft have been ordered but not delivered and instead of using aircraft such as the Boeing 777 which competitors in and out of Australia have used with great financial success''; ''several engine failures and a number of safety incidents''; and Qantas falling out of the top 40 in the Readers Digest annual most trusted brand survey. Another event, which is probably the reason for the attempted no-confidence vote, regards Qantas management failing ''to develop co-operative working relationships with its labour force''.
a breath of fresh air compared to S. Creedy @ News Ltd.Another type of manipulation from our friends at Qantas legal, in my view and well spotted by Scott. Not all the media just write down the Q press releases.
As we head into a week of uncertainty with the global stock markets we should be reminded how Clifford and Joyce have lead Q over the past few months, including the hype leading up to the big 24th announcement, it really has not helped the share price, with their Q Asia plans.
Again, we are only 2.5 cents off that low, I think Clifford will be feeling the heat, and so he should, it is my view his leadership has been a disaster for Q. since MJ departed, another disaster. No wonder AJ keeps banging on about natural disasters, it's all he knows.
.
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Two questions; I was flying the other day and noticed the red ties for the first time.
As this is not the correct company uniform - are the pilots in breach of uniform standards? And has there been any issues as such?
Also - why was an incorrect anti-ice panel fitted? Was this an engineering failure? What is Steve's position on this?
As this is not the correct company uniform - are the pilots in breach of uniform standards? And has there been any issues as such?
Also - why was an incorrect anti-ice panel fitted? Was this an engineering failure? What is Steve's position on this?
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I have dealt with Capt Criddle numerous times and you could not get a more competent or professional pilot. He is even known to leave the cockpit (flightdeck) to thank each passenger at the door as they get off. He was just being a good Captain and because he was wearing a red tie they decided it was an IR isue.
Unfortunately this is what Qantas has become. Captains are regularly put in a position where it is only their point blank refusal to continue with the planned flight that gets problems they're not happy with "corrected", and ultimately it's his decision to go or not.
BTW, the company really does need to humanely put down its spokespeople. Corporate PR's political reaction to this is just an embarrassment to Qantas, as evidenced by the strong support for the Captain coming from the passengers.
Not complying with the company uniform policy was voted on as part of a range of industrial action tactics now available to us. The intention to wear the ties was notified to the company and Fair Work Australia in advance so as to comply with the law. There have been no issues that I am aware of as it is protected industrial action.
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"Ties...United...Will Never Be Defeated" 
Sorry, couldn't resist. A serious question though; do the ties get the point across? Call me dim (others do
) but I saw them on 7 and just figured there had been a uniform change. Given that the Qantas signature colour is red, I didn't connect them to industrial action. Just my two euros.
Thanks for the additional info about the incident.
Sorry, couldn't resist. A serious question though; do the ties get the point across? Call me dim (others do
) but I saw them on 7 and just figured there had been a uniform change. Given that the Qantas signature colour is red, I didn't connect them to industrial action. Just my two euros. Thanks for the additional info about the incident.
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Not complying with the company uniform policy was voted on as part of a range of industrial action tactics now available to us. The intention to wear the ties was notified to the company and Fair Work Australia in advance so as to comply with the law. There have been no issues that I am aware of as it is protected industrial action.
Nunc est bibendum
A serious question though; do the ties get the point across?
...but had it been notified to Qantas that it was to occur?
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The ties are already protected industrial action and the company knows it.
I consider the bright red tie simply joining in unison with our beloved CEO to celebrate his Christmas present from the Board of a 71% payrise. They're simply a highly visible reminder that he remains foremost in our minds.
I consider the bright red tie simply joining in unison with our beloved CEO to celebrate his Christmas present from the Board of a 71% payrise. They're simply a highly visible reminder that he remains foremost in our minds.
Frankly, I think the pas, ties etc. are more about getting a group of pilots, who are probably among the least industrially militant groups in the country, used to the idea of taking co-operative and protected action prior to the real stuff like overtime bans and stoppages kicking off.
Dear Shareholder
Qantas has received a request from more than 100 shareholders (who collectively hold
0.0001% of Qantas’ shares on issue) that the attached statement, titled “A Case Against the
Advisory Resolution to Adopt the Remuneration Report for the Year Ended 30 June 2011”,
be given to all Qantas shareholders.
Under section 249P of the Corporations Act, Qantas is legally required to provide this
statement to all shareholders with our 2011 Notice of Meeting.
The statement recommends that shareholders vote against Qantas’ 2011 Remuneration
Report, however the statement was prepared and provided to Qantas before the 2011
Remuneration Report was published. The statement was coordinated by an ex-Qantas
employee.
The 2011 Remuneration Report is contained in the Directors’ Report set out from page 36 of
the 2011 Annual Report. The Report explains Qantas’ Executive Remuneration Objectives
and Approach, which are to:
• attract, retain and appropriately reward a capable Executive team;
• motivate the Executive team to meet the unique challenges Qantas faces as a major
international airline based in Australia; and
• link remuneration to performance.
I and my fellow Directors believe that Qantas’ Executive Remuneration Framework is
commercially and ethically responsible, and supports our objective of providing sustainable
returns to shareholders.
Therefore, the Directors recommend that you vote in favour of the Advisory
Resolution to adopt the Remuneration Report for the year ended 30 June 2011.
Yours sincerely
Leigh Clifford AO
Chairman
Qantas has received a request from more than 100 shareholders (who collectively hold
0.0001% of Qantas’ shares on issue) that the attached statement, titled “A Case Against the
Advisory Resolution to Adopt the Remuneration Report for the Year Ended 30 June 2011”,
be given to all Qantas shareholders.
Under section 249P of the Corporations Act, Qantas is legally required to provide this
statement to all shareholders with our 2011 Notice of Meeting.
The statement recommends that shareholders vote against Qantas’ 2011 Remuneration
Report, however the statement was prepared and provided to Qantas before the 2011
Remuneration Report was published. The statement was coordinated by an ex-Qantas
employee.
The 2011 Remuneration Report is contained in the Directors’ Report set out from page 36 of
the 2011 Annual Report. The Report explains Qantas’ Executive Remuneration Objectives
and Approach, which are to:
• attract, retain and appropriately reward a capable Executive team;
• motivate the Executive team to meet the unique challenges Qantas faces as a major
international airline based in Australia; and
• link remuneration to performance.
I and my fellow Directors believe that Qantas’ Executive Remuneration Framework is
commercially and ethically responsible, and supports our objective of providing sustainable
returns to shareholders.
Therefore, the Directors recommend that you vote in favour of the Advisory
Resolution to adopt the Remuneration Report for the year ended 30 June 2011.
Yours sincerely
Leigh Clifford AO
Chairman
Mere mortals dare attempt to thwart the corporate gravy train
*toot*toot*
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Aside from noting how the share price had fallen from $5.62 to $1.45 since Clifford became chairman,
I and my fellow Directors believe that Qantas’ Executive Remuneration Framework is
commercially and ethically responsible, and supports our objective of providing sustainable
returns to shareholders.
Therefore, the Directors recommend that you vote in favour of the Advisory
Resolution to adopt the Remuneration Report for the year ended 30 June 2011.
commercially and ethically responsible, and supports our objective of providing sustainable
returns to shareholders.
Therefore, the Directors recommend that you vote in favour of the Advisory
Resolution to adopt the Remuneration Report for the year ended 30 June 2011.
You just made me spit coffee all over my keyboard!
Last edited by TIMA9X; 26th Sep 2011 at 11:20.
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• motivate the Executive team to meet the unique challenges Qantas faces as a major international airline based in Australia
I and my fellow Directors believe...
P.S. Any grammatical errors in this post are included for illustrative purposes.
Last edited by Worrals in the wilds; 26th Sep 2011 at 11:58.
My take is that it was penned in a rush and probably under some political pressure as well. It reads more like an ALP press release on people smugglers than a reasoned stock market announcement.
It will be a VERY long hard fight to save the airline from these utterly incompetent buffoons, but that strategy (no confidence) is a nice little diversion.
Well done boys and girls, we just need a thousand more like that. Or a mysterious anthrax outbreak
It will be a VERY long hard fight to save the airline from these utterly incompetent buffoons, but that strategy (no confidence) is a nice little diversion.
Well done boys and girls, we just need a thousand more like that. Or a mysterious anthrax outbreak
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Scuttlebutt about the line is that CBA CEO Ralph Norris is tipped to take over the Irish Bowel Movement. If this is the case, what was his tenure like during his days at Air New Zealand? Was it he, or Rob Fyfe that created the new and improved airline? Our brothers and sisters across the ditch care to share their experiences? We're all getting tired of twit after twit taking the helm of an Australian icon.
Fuel-Off
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Ralph Norris started the turnaround at Air NZ and Rob Fyfe has taken it to a whole new level.
I haven't got time to find it now, but google Ralph Norris and Phoenix Award.
If he took on the top job at QF I think you'd find the place would grow in leaps and bounds.
I haven't got time to find it now, but google Ralph Norris and Phoenix Award.
If he took on the top job at QF I think you'd find the place would grow in leaps and bounds.