The Mystery of VH-VQS
Well, this would explain why Qantas International is making a loss, why Qantas domestic is borderline profictable and Jetstar is profitable.
If Jetstar was running at a huge loss, then Qantas would be up before the ACCC for predatory pricing wouldn't it? You aren't allowed to lower your costs below break even to match competitors if you have dominating market power can you?
With Jetstar making money and the mainline not very profitable, then we can sustain the pressure on Mainline terms and conditions can't we? We can even expand overseas, crying poor as we go.
What is not to like about such a strategy?
As I have repeatedly said, there is no independent forensic aviation accounting capability in this country that could investigate such possibilities is there?
If Jetstar was running at a huge loss, then Qantas would be up before the ACCC for predatory pricing wouldn't it? You aren't allowed to lower your costs below break even to match competitors if you have dominating market power can you?
With Jetstar making money and the mainline not very profitable, then we can sustain the pressure on Mainline terms and conditions can't we? We can even expand overseas, crying poor as we go.
What is not to like about such a strategy?
As I have repeatedly said, there is no independent forensic aviation accounting capability in this country that could investigate such possibilities is there?
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9 now..... Qantas must be offering some fabulous leasing rates to be the new Lessor of Choice for the Jetstar Group! I wonder if Virgin will get to also take advantage of these fantastic rates?!
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A bank recently took back one of one of q's VY registered 738's. Supposedly so they dont have to do a major check. cheaper to pay out the lease?
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Some questions then:
1. Did QF buy these A320's and sub-lease them to JQ?
2. If so, does that incur a medium term loss booked to mainline for the capital required to buy these airframes? (working on that it will take many years to recover the original CAPEX from the lease payments and subsequent sale of the airframes.)
3. If QF leased these A320's from someone else, then sub leased them to JQ, who is the loss booked to? (Working on the premise that it would be pointless to lease them and then charge the same as the original leasing company... )
4. To whom is the depreciation on these airframes assigned to?
1. Did QF buy these A320's and sub-lease them to JQ?
2. If so, does that incur a medium term loss booked to mainline for the capital required to buy these airframes? (working on that it will take many years to recover the original CAPEX from the lease payments and subsequent sale of the airframes.)
3. If QF leased these A320's from someone else, then sub leased them to JQ, who is the loss booked to? (Working on the premise that it would be pointless to lease them and then charge the same as the original leasing company... )
4. To whom is the depreciation on these airframes assigned to?
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A bank recently took back one of one of q's VY registered 738's.
6000 Post#6:
You could probably liken this situation to America and its Federal Reserve Bank.
America gov asks the bank for money to pay for everything, the bank says sure here you go have as much as you want. Pressing print on the machine and out the money comes.
Of course the Federal Reserve never expects America to actually pay the money back even at the 0.00% interest rate, which is a strange phenomenon for a bank why would it lend money to a party without expectation of getting it back and on infinite terms.
Unless of course there's more to it then just a simplistic commercial relationship with other factors in the mix...
Hello Sir,
I think you need to learn that:
The Fed Reserve is a PRIVATE OWNED Bank, owned by several families, (predominantly Jewish families) who receive a 9% return annually regardless of the Fed Rate, so they make money out of nothing, and get a 9% return.
You could probably liken this situation to America and its Federal Reserve Bank.
America gov asks the bank for money to pay for everything, the bank says sure here you go have as much as you want. Pressing print on the machine and out the money comes.
Of course the Federal Reserve never expects America to actually pay the money back even at the 0.00% interest rate, which is a strange phenomenon for a bank why would it lend money to a party without expectation of getting it back and on infinite terms.
Unless of course there's more to it then just a simplistic commercial relationship with other factors in the mix...
Hello Sir,
I think you need to learn that:
The Fed Reserve is a PRIVATE OWNED Bank, owned by several families, (predominantly Jewish families) who receive a 9% return annually regardless of the Fed Rate, so they make money out of nothing, and get a 9% return.
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That post, its undertones, and its factual content are beneath the dignity of these forums and I hope it will be removed by the Moderators.
Either that or we start up a thread on Black Helicopters
Either that or we start up a thread on Black Helicopters
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Algie, here's some history reading for you:
The Secrets of the Federal Reserve (1983) - Eustace Mullins (available in a range of document formats). You probably only need to read the first two chapters to get the gist.
Here is a genuine FACTUAL source document, a report to Congress outlining who controls the Federal Reserve: Federal Reserve Directors: A Study of Corporate and Banking Influence. Staff Report,Committee on Banking,Currency and Housing, House of Representatives, 94th Congress, 2nd Session, August 1976.
The Secrets of the Federal Reserve (1983) - Eustace Mullins (available in a range of document formats). You probably only need to read the first two chapters to get the gist.
Here is a genuine FACTUAL source document, a report to Congress outlining who controls the Federal Reserve: Federal Reserve Directors: A Study of Corporate and Banking Influence. Staff Report,Committee on Banking,Currency and Housing, House of Representatives, 94th Congress, 2nd Session, August 1976.
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And don't forget, the Federal Reserve is not even a bank.
The description as a Cartel is more accurate. Those boys sure came up with a great plan for themselves on Jekyll Island didn't they?
The description as a Cartel is more accurate. Those boys sure came up with a great plan for themselves on Jekyll Island didn't they?
