AUGUST 24th - QANTAS
Join Date: Apr 2000
Location: Oz
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I don't think Dutchie was having a go at workers, he was implying there are too many managers!
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.
Join Date: Jun 2008
Location: canada
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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.
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.
Join Date: Jul 2008
Location: Skating away on the thin ice of a new day.
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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.
Join Date: Nov 2010
Location: canberra
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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.
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.
Join Date: Jan 1999
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clotted - Join Date: Nov 2010
Location: canberra
Research Assistant for Minister Fumble Albanese, are you?
Location: canberra
11 Feb 2011 I'm told nothing came of this...
I have also been told this happened.
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?
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…
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…
Join Date: Jun 2004
Location: God`s Country
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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.
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.
Join Date: Jul 2008
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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.
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.
Join Date: Jan 2006
Location: Australia
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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.
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.
Join Date: Jul 2010
Location: rangaville
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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?
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?
Join Date: Nov 2010
Location: canberra
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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.
BSD: I may live in Canberra but not all Canberrans don't work for the pollies. Some us have real jobs.
Join Date: Feb 2008
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Some us have real jobs.
Join Date: Nov 2010
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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.
Join Date: Jul 2008
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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
Join Date: Apr 2008
Location: Hicksville, Alabama
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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.
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...
Join Date: Jul 2008
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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