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AUGUST 24th - QANTAS

Old 6th Oct 2011, 23:36
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Max,
I don't think Dutchie was having a go at workers, he was implying there are too many managers!
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Old 6th Oct 2011, 23:47
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Anonymous Pilot: That may well be true, I just don't buy the particular argument he uses to prove it!
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Old 7th Oct 2011, 00:08
  #1103 (permalink)  
 
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I don't think Dutchie was having a go at workers, he was implying there are too many managers!
Wot he said.

And if their skill at cargo loader driving is anything to go by (on eyewitness reports), I am quite surprised someone wasn't actually killed the other day when the dozens of managers took over the job.
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Old 7th Oct 2011, 00:18
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BP2197,
Maybe the Board, CEO & Management should lead by example & curb their bonus`s, wage increases, bonus shares etc! Just a thought.
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Old 7th Oct 2011, 02:29
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"No one is disputing that it has $5b invested in it so therefore as a shareholder you would expect it to make 10% or $500m."

BP2197. Many enlightened investors (Buffet etc) would never believe they could get a 10% return from a capital intensive, low margin business such as an airline.

The only airlines to achieve this sort of return regularly are those that reinvest heavily in their product and people (Southwest etc). Southwest's long term average is still only ~8%. The Jester group comes nowhere near it (subsidised or not).

If you are looking for a 10% return on capital (or ROCE) from airlines the best policy would be to either short airlines or buy the ones that are managed properly.
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Old 7th Oct 2011, 03:06
  #1106 (permalink)  
 
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bp2197

QF Int should be able to turn a profit and I suspect it does a bit better than a 200 million loss. They tell so many lies how would we know. Even if all of an airline's divisions dont pull equal profits one depends on another. It is the sum of its parts. A fruit and veg shop probably makes great margins on its cherries and sfa on potatoes. It still sells potatoes. cant just sell the cherries and call yourself a fruit and veg shop. We all know where this is heading, qf is being phased out as best and as fast as they can.
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Old 7th Oct 2011, 03:39
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I think we need a bumper sticker. ALAEA? AIPA? TWU? Anyone? Everyone?
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Old 7th Oct 2011, 05:21
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ampclamp,
I'd like to hear your qualifications for knowing how to run an airline. You seem to have a critical opinion on all aspects of airline operations. The opinions and criticisms of someone who has a proven success record in running an airline or any business really is much more believable IMHO than an apparently disgruntled Qantas employee or ex-employee.
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Old 7th Oct 2011, 06:18
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clotted - Join Date: Nov 2010
Location: canberra

11 Feb 2011 I'm told nothing came of this...
I have also been told this happened.
9 Mar 2011 I was talking to a Qantas mate today …
27 May 2011 I'm told by people who claim to be in the know that if AIPA's pay claim succeeds…
24 Jun 2011 Are you sure? The people I talk to tell me that the claim says…
5 Aug 2011 They tell me that you get paid artificial extra hours by flying at night…
Are my friends not telling me the truth?
2 Sep 2011 My Qantas friend tells me….
3 Oct 2011 My contact in the airline tells me that is not what your claim is about….
I have checked with my Qantas source who is an AIPA member….
That is exactly what my source is telling me….
How can a Joe Public such as myself
Research Assistant for Minister Fumble Albanese, are you?
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Old 7th Oct 2011, 09:21
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Mainline's Profit

The reason on paper mainline doesn't make a profit is because its been grossly mismanaged for 10 years.Its has had little capital expenditure on the hard product.Cost cutting has reached a point where both safety and service have been compromised.Cost apportioning has seen millions directed to Jetstar.The international network is now so small to be almost irrelevant to the business traveller
Lack of profit is a result of absolute managerial incompetence.
How do you turn a well respected international airline into a basket case?
Let Geoff Dixon and Alan Joyce manage it for you.
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Old 7th Oct 2011, 11:16
  #1111 (permalink)  
 
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clotted , if you think running qantas right now is a success, your opinion of success is a little different to mine. Paying your self the rewards[71% more] before actually a positive result is a great motivation for the troops to accept 3% and the sack.
JB down the road was backed into a corner by the qf jq pincer but has trumped them with his current tactic. Fancy that, talking to the troops and pulling on the same end of the rope. QF too busy trying to squash its staff rather than trying to compete.
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Old 7th Oct 2011, 11:32
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The whole death threats issue, if true is certainly deplorable, the act of a cretin.

That said, this is a big spin game, I would put my money of the whole death threats thing being more spin, an internal set up to find sympathy from the masses, an attempt to change the tide on a battle it would appear they are losing.

I hope it is spin, I would hate to think this sort of bullying and scare mongering would still exist in this day and age.
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Old 7th Oct 2011, 13:34
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I always thought that when 'death threats' of this nature were received that they were seldom released to the media. They were investigated and dealt with appropriately (usually the work of deluded morons).

Anybody who received threats of this nature with any courage, integrity or dignity would see this for what it was.

But then again, the person who received these threats doesn't have any courage, integrity or dignity, does he?
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Old 7th Oct 2011, 20:38
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JB down the road was backed into a corner by the qf jq pincer but has trumped them with his current tactic.
The last reports I read were that Qantas as making a profit and Virgin wasn't. Hasn't this been so for most of VB's life? I think that the jury is out on JB and Virgin despite his initiatives. I hope he succeeds. If reports can be believed, is it not true that VB pays its pilots about 20% less than Qantas for more hours and VA even less pay; the uncontested reports are that the TWU just signed up for an EBA which gives its workers 17% less than Qantas workers get now; not much is said publicly on VB LAMES money matters but isn't all VA maintenance done overseas except for that which is contracted out in Australia to employers who employ contractors and isn't that what the AALEA job security claim is all about?
BSD: I may live in Canberra but not all Canberrans don't work for the pollies. Some us have real jobs.
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Old 7th Oct 2011, 22:32
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Some us have real jobs.
Be that as it may, you owe it to yourself to spend some of your spare time conducting some research into the subject material at hand! You, sir, know very little about Virgin and the direction JB is taking us!
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Old 7th Oct 2011, 23:13
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As I said, I hope JB succeeds at Virgin but seeing you are a Virgin insider, is anything that I said incorrect regarding VB or VA? I am more than happy to be corrected.
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Old 8th Oct 2011, 03:39
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The licenced engineers are paid better than Qf unless your are a multiple licensed Qf engineer who has been with the company over 30 years. Virgin got a good eba and are happy with all the positive things happening there. A hangar is being built in Syd right now to increase maintenance capabilities
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Old 8th Oct 2011, 04:55
  #1118 (permalink)  
 
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The licenced engineers are paid better than Qf unless your are a multiple licensed Qf engineer who has been with the company over 30 years.
Boogla,

You must be mistaken. I just read in The Australian this morning, Olivia telling everyone that the QF engineers are "the highest paid in the world".

Funny thing was that she didn't mention who the highest paid airline execs in the world were...
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Old 8th Oct 2011, 05:50
  #1119 (permalink)  
 
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Can assure you I've been paid much better working in Asia as a LAME than I ever have under Qf. I still have all the documents to show Olivia or any other company stooge if they wish to speak the truth in future
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Old 8th Oct 2011, 06:08
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Olivia's Schizophrenia

OW is either a liar or a misinformed twit...perhaps both.
This spin emanating from QCCA8 is repugnant
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