Qantas-October 28th
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Reading the drivel on the SMH blog, makes me wonder if you blokes along with the Engineers are going to have to put out a massive explanation on a broadsheet telling the public what is really happening. They really have no idea, blaming the unions, Gillard, the weather, anything but the company. Making PA's is fine, going off the job for a couple of hours is fine to, but really when its all said and done the public still have no idea what is actually happening in Qantas. I still believe the only way to swing this is one massive workout, all the employees, at the same time, to make all and sundry sit up and take notice. No, it will not bring on 89 again, that was pilots only. You are really in the LH seat here if you really want to have a go, and perhaps that is what you will have to do eventually, or as we all know, no Qantas, or just a boutique airline with JQ taking over the mantle of National Carrier. Unthinkable.
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QF AGM Friday October 28
QF AGM Friday October 28
Top 10 reasons why QF’s management structure requires immediate overhaul at the QF AGM Friday October 28:
1) At the close of trading on the date of the appointment of Leigh Clifford, the Qantas share price was $5.62
2) At the close of trading on the date of the appointment of Alan Joyce the Qantas share price was $3.43
3) The current share price sits at approximately $1.45
4) The company has incurred fines arising from unlawful cartel behavior which incurred fines
(loss of revenue) in the absolute millions, while under the current management structure
5) Management has failed to develop cooperative working relationships with its labor force. Most recently this has led to a situation whereby 3 major groups of employees are engaging in industrial action against the company on several fronts, and agressive statements and actions have been levelled against Unions by management
6) 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 and internationaly have used with great financial success, the company has illogicaly and unexplainably has adopted preferences which call into question management abilty
7) There have been numerous and inceased engine failures and a number of serious safety incidents under the current management structure
8) Readers Digest's 'Annual Most Trusted Brands Survey' has revealed that Qantas, once the most recognizable and trusted brand in the country, has fallen out of the top 40. A complete and thorough demise of reputation and service under the current management structure
9) All members of the board should be ousted due to their continued support and decision making processes that have contributed to QF now being in the untennable situation it is
10) The inability of the executive management group to handle manage, handle or deal with the ongoing industrial disputes which could yet continue for up to 18 more months
Two examples of what can be done (Option 1)
Option (2)
I still wouldn't be surprised to see an 'Occupy Wall Street' style movement spring up over this. Corporate greed and government protection is rapidly becoming an unacceptable element of what 99% of society will accept, and if the warning bells aren't sounding yet within Australia's 1% then you had better pull your heads out of the trough as the 'scene of this world is changing', the masses are fighting back. I for one don't want te be one of the 1% neither now or in the distant future, especially when you have been pissing over the other 99%.
Australian public, shareholders, QF employee's - You have a choice in this matter. Make the evening of October 28 a night to remember.
Top 10 reasons why QF’s management structure requires immediate overhaul at the QF AGM Friday October 28:
1) At the close of trading on the date of the appointment of Leigh Clifford, the Qantas share price was $5.62
2) At the close of trading on the date of the appointment of Alan Joyce the Qantas share price was $3.43
3) The current share price sits at approximately $1.45
4) The company has incurred fines arising from unlawful cartel behavior which incurred fines
(loss of revenue) in the absolute millions, while under the current management structure
5) Management has failed to develop cooperative working relationships with its labor force. Most recently this has led to a situation whereby 3 major groups of employees are engaging in industrial action against the company on several fronts, and agressive statements and actions have been levelled against Unions by management
6) 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 and internationaly have used with great financial success, the company has illogicaly and unexplainably has adopted preferences which call into question management abilty
7) There have been numerous and inceased engine failures and a number of serious safety incidents under the current management structure
8) Readers Digest's 'Annual Most Trusted Brands Survey' has revealed that Qantas, once the most recognizable and trusted brand in the country, has fallen out of the top 40. A complete and thorough demise of reputation and service under the current management structure
9) All members of the board should be ousted due to their continued support and decision making processes that have contributed to QF now being in the untennable situation it is
10) The inability of the executive management group to handle manage, handle or deal with the ongoing industrial disputes which could yet continue for up to 18 more months
Two examples of what can be done (Option 1)
Air France Turns to Old Hand Spinetta as CEO Gourgeon Ousted
Air France-KLM (AF)Group recalled Jean- Cyril Spinetta, 68, as chief executive officer and ousted Pierre-Henri Gourgeon amid slumping earnings and questions regarding the role of pilots in a fatal crash.
CEO since January 2009, 65-year-old Gourgeon had been slated to stay until 2013. Instead he quit after a board meeting late yesterday, with Chairman Spinetta taking charge until Air France-KLM adopts a single corporate structure that year.
Gourgeon’s position was undermined by a 60 percent drop in Air France-KLM’s share price this year, the worst performance in the region, and after safety experts said pilot training was a factor in a 2009 crash that killed 228 people. Government official Alexandre de Juniac, 48, will serve as CEO of the Air France unit, a post Gourgeon occupied, the Paris-based company said yesterday in a statement.
“Spinetta represents a safe pair of hands in a difficult period,” said Andrew Lobbenberg, a London-based Royal Bank of Scotland analyst with a “sell” rating on the stock. “They’re in a challenging position because if we head into a deteriorating macroeconomic environment they’re starting from a much weaker position than their peers.”
Air France-KLM (AF)Group recalled Jean- Cyril Spinetta, 68, as chief executive officer and ousted Pierre-Henri Gourgeon amid slumping earnings and questions regarding the role of pilots in a fatal crash.
CEO since January 2009, 65-year-old Gourgeon had been slated to stay until 2013. Instead he quit after a board meeting late yesterday, with Chairman Spinetta taking charge until Air France-KLM adopts a single corporate structure that year.
Gourgeon’s position was undermined by a 60 percent drop in Air France-KLM’s share price this year, the worst performance in the region, and after safety experts said pilot training was a factor in a 2009 crash that killed 228 people. Government official Alexandre de Juniac, 48, will serve as CEO of the Air France unit, a post Gourgeon occupied, the Paris-based company said yesterday in a statement.
“Spinetta represents a safe pair of hands in a difficult period,” said Andrew Lobbenberg, a London-based Royal Bank of Scotland analyst with a “sell” rating on the stock. “They’re in a challenging position because if we head into a deteriorating macroeconomic environment they’re starting from a much weaker position than their peers.”
Option (2)
Myer Chief Executive Bernie Brookes Gets Major Salary Cut
October 21, 2011 4:22 PM EST
Amid global calls for review of excessive executive compensation while the rest of the company employees continue to tighten their belts due to wage hike freezes, an Australian retailer reduced the pay of its top boss.
Myer Chief Executive Bernie Brookes had to forego his $950,000 long-term incentive share-based payments because the company failed to meet its incentive targets. Myer earnings went down by more than 4 per cent from 12 months ago.
As a result, he suffered a sharp fall in total remuneration from the previous corresponding fiscal year which hit $5.45 million. That figure, however, is more than three times lower than his previous year's $17.3 million total executive remuneration. Despite the sharp cut, Mr Brookes's annual cash salary for the year to June 30 was $1.63 million - which would still be the envy of many Australians. It actually increased slightly from his previous year's cash pay of $1.6 million
October 21, 2011 4:22 PM EST
Amid global calls for review of excessive executive compensation while the rest of the company employees continue to tighten their belts due to wage hike freezes, an Australian retailer reduced the pay of its top boss.
Myer Chief Executive Bernie Brookes had to forego his $950,000 long-term incentive share-based payments because the company failed to meet its incentive targets. Myer earnings went down by more than 4 per cent from 12 months ago.
As a result, he suffered a sharp fall in total remuneration from the previous corresponding fiscal year which hit $5.45 million. That figure, however, is more than three times lower than his previous year's $17.3 million total executive remuneration. Despite the sharp cut, Mr Brookes's annual cash salary for the year to June 30 was $1.63 million - which would still be the envy of many Australians. It actually increased slightly from his previous year's cash pay of $1.6 million
I still wouldn't be surprised to see an 'Occupy Wall Street' style movement spring up over this. Corporate greed and government protection is rapidly becoming an unacceptable element of what 99% of society will accept, and if the warning bells aren't sounding yet within Australia's 1% then you had better pull your heads out of the trough as the 'scene of this world is changing', the masses are fighting back. I for one don't want te be one of the 1% neither now or in the distant future, especially when you have been pissing over the other 99%.
Australian public, shareholders, QF employee's - You have a choice in this matter. Make the evening of October 28 a night to remember.
short flights long nights
very very very well said an excellent post
And another point - the most damning reality of all;
Whilst presiding over all of the above (and simultaneously pushing for real-term employee wage suppression), directors pay has increased gobsmackingly.
This reality is not just farcical it's tragic.
Destroy shareholder value, destroy a brand, destroy employees futures and get a massive pay rise!
Is the world going crazy?
Whilst presiding over all of the above (and simultaneously pushing for real-term employee wage suppression), directors pay has increased gobsmackingly.
This reality is not just farcical it's tragic.
Destroy shareholder value, destroy a brand, destroy employees futures and get a massive pay rise!
Is the world going crazy?
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8) Readers Digest's 'Annual Most Trusted Brands Survey' has revealed that Qantas, once the most recognizable and trusted brand in the country, has fallen out of the top 40.
There is a failure to recognise why this has happened, and as a result management are failing to fix it.
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Occupy AGM
Rumour.....lots of nervous tension around the event this Friday.
Already Coward St are worried.
Lots of people I speak to are going.......peacefully of course.
I want Livvie's autograph (she's a jet-star.
Can't wait to see the look on their faces.
Assembly Point Gate 11.
Already Coward St are worried.
Lots of people I speak to are going.......peacefully of course.
I want Livvie's autograph (she's a jet-star.
Can't wait to see the look on their faces.
Assembly Point Gate 11.
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Its amazing that a sampling of 1000 random people does not come up with the same results some of the comments to the one sided articles printed in various papers lean to.
Could it be that the Qantas crisis center is making the submissions to the papers and radio talk back? Surely not.
Could it be that the Qantas crisis center is making the submissions to the papers and radio talk back? Surely not.
Careful FedSec, they will take a quote of yours out of context and put it up on keepqantasflying.com.au but not actually quote PPRuNe as the source it comes from just in case the general public want to see what other facts are being said by people who know the real story.
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Well I hope there is an 'Occupy AGM' gathering outside the AGM. Staff should turn up and gather enmasse, after all it is staffs futures being played with all in the name of pure greed by a minority.
If the shareholders have half a brain they will ask some of the hard questions that need to be asked, it is their money getting frittered away if they haven't noticed yet. To be honest the time for questioning these corporate thugs is over, kick them out, the whole executive group including the Board, they have had three long years to take QF forward and instead have taken it to it's lowest ebb on record, there is your proof, forget the questions, get rid of the lot.
Shareholders, where is your gravy train? You keep voting to give the Execs huge payrises, bonuses and other treats and all they do is take take take with no giving back? Where is YOUR huge silver lining, where are your dividends, where is your share price currently sitting? If the Execs you are trusting can't pull it together in three years what do you think the next three years hold for your precious investments? If the Execs can't control the workforce how can they control your invested funds?
It is time to let it be known enough is enough.
If the shareholders have half a brain they will ask some of the hard questions that need to be asked, it is their money getting frittered away if they haven't noticed yet. To be honest the time for questioning these corporate thugs is over, kick them out, the whole executive group including the Board, they have had three long years to take QF forward and instead have taken it to it's lowest ebb on record, there is your proof, forget the questions, get rid of the lot.
Shareholders, where is your gravy train? You keep voting to give the Execs huge payrises, bonuses and other treats and all they do is take take take with no giving back? Where is YOUR huge silver lining, where are your dividends, where is your share price currently sitting? If the Execs you are trusting can't pull it together in three years what do you think the next three years hold for your precious investments? If the Execs can't control the workforce how can they control your invested funds?
It is time to let it be known enough is enough.
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6000ft-lb shhhhhhh. You aren't supposed to know that, remember, they are so much smarter than us.
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well I'll be.....,this is great news, and from a News Ltd source.... hope the union PR machine are up burning the candle getting this out..... bye bye LC AJ OW... the force is not with you.
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First Strike Free Week in Two Months
"First Strike Free Week in Two Months."
Funny about that, wouldn't be because it is the AGM week? Suddenly the management have decided to talk to the TWU. Do we believe them this time?
Oh the spin.....
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What event is happening this Friday?
No different to the Senate select committee result.
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Steve Purvinas is not expecting the high and mighty Board to accept any direction from the floor. I'm also sure that they have their patsies all ready with their Dorothy Dixer questions.
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You see clotted, he does know what the real corporate world works.AGMs go just like that at all the majors.
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Snap pilots strike could ground entire Qantas fleet
Simon Benson, National Political Reporter The Daily Telegraph October 24, 2011 6:00PM
QANTAS has warned that it would be forced to ground its entire international fleet if long haul pilots invoked a 48 hour strike clause contained in its protected action claim filed with Fair Work Australia.
The Daily Telegraph has learned that the airline's chief pilot and industrial relations management team held a crisis meeting last week to plan for a "1989 worst case scenario" if pilots ramped up action against the airline.
The Australian and International Pilots Association, which represents 1650 long haul Qantas pilots, claims it is not intending to engage in strike action and would do so only as a last resort.
But in its Protected Action Ballot filed with Fair Work Australia in July, a copy of which has been obtained by The Daily Telegraph, AIPA members voted overwhelmingly in favour of reserving the right to strike for up to 48 hours.
An internal Qantas briefing document obtained by The Daily Telegraph has also revealed that the airline has no contingency plan for a pilots' strike and has warned that it would have to ground the entire international fleet, and parts of its domestic operations.
It claimed that such action could leave tens of thousands of Australian travellers stranded overseas. It could also cost the airline millions of dollars in revenue.
The meeting last week, initiated by Qantas' Chief Pilot Peter Wilson, planned for several scenarios, which included bans by pilots on extended work hours or "tours of duty", two-minute stop work meetings, as well as the possibility of 48-hour strikes.
"Unlike other parts of the workforce Qantas does not have a contingency plan for pilots going on strike so the whole Qantas long haul fleet (all wide body aircraft) would be effectively grounded causing significant flight delays and cancellations," the document said.
A Qantas spokesman wouldn't confirm if secret talks had been held but confirmed that the pilots' union had sought and been granted approval by Fair Work Australia to take stoppages for up to two days.
"The pilots' union has indicated that they may take a range of actions against Qantas and naturally we are looking at how we minimise any impacts on our passengers should they go down this path," they said.
The pilots union has accused Qantas management of walking away from negotiations.
"Why on earth would management be planning for the worst when we've made it abundantly clear that all we want to do is negotiate?" AIPA vice president Captain Richard Woodward said.
"Pilots have not taken a single day's strike action and nor do we wish to. Management, on the other hand, has suspended negotiations with pilots in front of Fair Work Australia with no plans to resume them.
"Qantas pilots hate seeing the damage being done to this great airline."
The Transport Workers Union and Australian Licensed Engineers Association have agreed to suspend industrial action until the airline's annual general meeting this Friday.
Prime Minister Julia Gillard has called on both parties to settle the dispute before it escalates with the Government claiming it could end up intervening if no resolution could be reached.
A poll released yesterday revealed the majority of Australians wanted the two parties to settle the dispute but blamed management more than the unions for the current industrial unrest.
Simon Benson, National Political Reporter The Daily Telegraph October 24, 2011 6:00PM
QANTAS has warned that it would be forced to ground its entire international fleet if long haul pilots invoked a 48 hour strike clause contained in its protected action claim filed with Fair Work Australia.
The Daily Telegraph has learned that the airline's chief pilot and industrial relations management team held a crisis meeting last week to plan for a "1989 worst case scenario" if pilots ramped up action against the airline.
The Australian and International Pilots Association, which represents 1650 long haul Qantas pilots, claims it is not intending to engage in strike action and would do so only as a last resort.
But in its Protected Action Ballot filed with Fair Work Australia in July, a copy of which has been obtained by The Daily Telegraph, AIPA members voted overwhelmingly in favour of reserving the right to strike for up to 48 hours.
An internal Qantas briefing document obtained by The Daily Telegraph has also revealed that the airline has no contingency plan for a pilots' strike and has warned that it would have to ground the entire international fleet, and parts of its domestic operations.
It claimed that such action could leave tens of thousands of Australian travellers stranded overseas. It could also cost the airline millions of dollars in revenue.
The meeting last week, initiated by Qantas' Chief Pilot Peter Wilson, planned for several scenarios, which included bans by pilots on extended work hours or "tours of duty", two-minute stop work meetings, as well as the possibility of 48-hour strikes.
"Unlike other parts of the workforce Qantas does not have a contingency plan for pilots going on strike so the whole Qantas long haul fleet (all wide body aircraft) would be effectively grounded causing significant flight delays and cancellations," the document said.
A Qantas spokesman wouldn't confirm if secret talks had been held but confirmed that the pilots' union had sought and been granted approval by Fair Work Australia to take stoppages for up to two days.
"The pilots' union has indicated that they may take a range of actions against Qantas and naturally we are looking at how we minimise any impacts on our passengers should they go down this path," they said.
The pilots union has accused Qantas management of walking away from negotiations.
"Why on earth would management be planning for the worst when we've made it abundantly clear that all we want to do is negotiate?" AIPA vice president Captain Richard Woodward said.
"Pilots have not taken a single day's strike action and nor do we wish to. Management, on the other hand, has suspended negotiations with pilots in front of Fair Work Australia with no plans to resume them.
"Qantas pilots hate seeing the damage being done to this great airline."
The Transport Workers Union and Australian Licensed Engineers Association have agreed to suspend industrial action until the airline's annual general meeting this Friday.
Prime Minister Julia Gillard has called on both parties to settle the dispute before it escalates with the Government claiming it could end up intervening if no resolution could be reached.
A poll released yesterday revealed the majority of Australians wanted the two parties to settle the dispute but blamed management more than the unions for the current industrial unrest.
Qantas spin out there deliberately inflaming the situation, leaking more "possibilities" to traumatize the public as much as possible.
The audacity to claim the unions are trying to destroy the airline!
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Opinion Piece on The Drum
FYI & Comment - Opinion piece on ABC website - The Drum
Qantas in PR tail spin - The Drum Opinion - Qantas is allegedly winning the PR war against the unions, but the verdict of this week's Essential Report shows otherwise. (Australian Broadcasting Corporation)
Qantas in PR tail spin - The Drum Opinion - Qantas is allegedly winning the PR war against the unions, but the verdict of this week's Essential Report shows otherwise. (Australian Broadcasting Corporation)