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Qantas-October 28th

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Old 28th Oct 2011, 08:31
  #161 (permalink)  
 
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Home Page of Jack Tilburn, Corporate Terminator

for those curious about a few things at the AGM .....


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Old 28th Oct 2011, 08:48
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with all these pay increases AJ can finally afford to get his teeth fixed
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Old 28th Oct 2011, 09:21
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Listening to him made me physically ill. I wonder what would happen if EVERBODY in the company resigned? Pilots, bagggage handlers, Engineers, even admin. Don't go back until you get a new board, CEO, and top tier of management. The shareholders would soon get the idea! If not, buy up the leftover shell of what would be left.

Would it be feasible?

Oh and ask for the $88 million in bonuses back! They didn't earn them.

DB
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Old 28th Oct 2011, 09:23
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Channel 10 must have been at the other Qantas AGM. I'm disgusted at the one sided view that I just saw on Perth news. How the news producers can sleep at night amazes me. Not one mention of the hard questions or the anger shown at the passing of the CEO's remuneration package. Sigh.

You guys certainly have a struggle on your hands bring to get the message out there. I do what I can to friends when they ask or make a comment, but I'm just one.
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Old 28th Oct 2011, 09:40
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I think Australia became alittle more like China today.
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Old 28th Oct 2011, 09:41
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Both Joyce and Clifford said something today that reaffirms to me what needs to be done next. They will be assisting us greatly with the next stage. I thank you in advance.
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Old 28th Oct 2011, 09:48
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Qantas clearly has a first class board. They are never, ever wrong about anything.

They understand your worry and frustration and are, and always are doing, everything that should be done.

And if something was done wrong or maybe "regretably" they were not there at the helm when it was done and therefore thankfully, not responsible. Absolutely brilliant.

As an aside I loved the inference that the SIA CEO is getting money / perks under the table above the stated numbers when compared to AJs fat little package. Hope he was listening.
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Old 28th Oct 2011, 10:33
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Atta boy Steve, exactly what I hoped to hear from you.
We could easily erupt over this but need to stay cool, certainly vent verbally, but take a breather, strategize this one through, play smart and then as a last result play as dirty as can be, but that day is not now. If AJ an LC think that they have won the war then they certainly are living in 'cloud cuckoo land', today was the 'testing of the waters' and only round one. Things have only warmed up, Engineers have been toying around for a half hour here and there, the TWU and the ramp brotherhood haven't even started to fidget and don't forget 'hell hath no fury like some of the worlds best pilots' when they get screwed in the a#s, wait til the real games begin!

The time now is to examine in detail every word that came out of the mouths of the 'Bonus Brothers' today. Yes, examine it, dissect it, analyze it, reconstruct it. These incompetent buffoons couldn't take a piss without tripping over their toes so let's get out the microscope (or should i say the ****ascope) and examine every ounce of their dribble.

Today was the official start of this fight as far as I am concerned. The last few months have been warm-up and practice. Staff didn't want to traverse down this path but the Bonus Brothers and the board have rung the bell.
Game on.
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Old 28th Oct 2011, 10:45
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SimonBL said -

Channel 10 must have been at the other Qantas AGM. I'm disgusted at the one sided view that I just saw on Perth news. How the news producers can sleep at night amazes me. Not one mention of the hard questions or the anger shown at the passing of the CEO's remuneration package. Sigh.

Simon I am often vilified for my love of the ABC, and often told I am a Communist left wing weirdo.....but I make fun of 'Red Kerry' when he was on, far more insidious the mass media though, I'll tell you why they sleep at night, they've no conscious, and will happily share a bottle of grange with AJ when next passing through.

I've long despised the mainstream media for their less than subtle support for the despicable acts such as were witnessed today....regrettably I've been labeled many things for just such a stance...but my conscious is clear Alan jones Janet Albrechtsen, Geoffrey Thomas Piers Ackerman Phil Gould (Well he was always a freakin' tosser but I am a QLD'er!, Ray Warren apparently as well.....cash for comment wasn't it when the Boy from JonesTown got caught out???
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Old 28th Oct 2011, 11:07
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On the subject of media, when I click on the qantas boss gets payrise on ninemsn it redirects me to an unrelated story...... ?????
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Old 28th Oct 2011, 11:12
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Qantas pay wins shareholder support
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Old 28th Oct 2011, 11:18
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Pretty convinced the plan is to bring Qantas to its knees. The board has the Government backing (just like 1989). Those few employees that remain will have jobs on a very different pay structure. The rest will be filled with foreign workers here on special Visas under skilled worker emergency immigration provisions. The board believes that even a $500 million loss to achieve this will be a small price to rid the unions.
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Old 28th Oct 2011, 11:20
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Folks,
Have a look at the shambles of Jetstar Pacific, it is worth a new thread.
Not surprisingly, Joyce didn't exactly have the subject front and center.
Tootle pip!!
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Old 28th Oct 2011, 11:26
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its going to get nasty......I dont know

let me start with I was pis$ed off with the smugness of LC and AJ and the way they controlled the meeting BUT its a numbers game and we know that and we played into their hands.
I have to agree with some posts that "the union were pretty ordinary",we came across as boof heads[Phil S was the only shining light],some might say looking like '70's BLF members.....sorry but this is how it looked to me,now we have a situation that when we turn up the heat the Gov may step in and we may get an outcome somewhat less than what we wanted.I think the good work that was done in the last 12 months has been undone at this AGM.Tread very carefully in our next move...The Rim
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Old 28th Oct 2011, 11:38
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AJ stated today they are loosing $15M per week in lost REVENUE.

Is this figure in any way attributable to the "grounded" aircraft?

I would consider that aircraft for sale & sitting on the ground would not be generating revenue.
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Old 28th Oct 2011, 11:42
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If anyone thinks that today was anything other than an opportunity to vent your spleen that would be a mistake. You weren't going to convince the Board to change their decisions with well structured arguments. Some anger needed to be expressed or the newspapers would have written about a satisfied group of shareholders who warmly accepted the Boards direction. As much as you may not have liked my aggressive line of questioning, I was not there to make friends. Who knows, they may have even been baited into breaking the corporations act.
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Old 28th Oct 2011, 11:52
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I'm sorry Mr Woodward but the $500M Qantas made is not a good result as you've alluded to. And anyone who thinks a 4% return on investment is acceptable is delusional.

Investors are better off putting their money on the bank than investing in the airline.

And for the resolutions - well, over 90% voted in favour...
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Old 28th Oct 2011, 11:52
  #178 (permalink)  
 
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The big surprise to me is that QANTAS has lasted this long after the dixon years. The biggest joke on qantas was putting a leprechaun in charge of the airline when a Smurf or Womble would have been a much smarter choice, what a looney country australia has become
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Old 28th Oct 2011, 11:54
  #179 (permalink)  
 
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Steve -

. "Some anger needed to be expressed or the newspapers would have written about a satisfied group of shareholders"

We've already been told mainstream media chose to report it otherwise
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Old 28th Oct 2011, 11:57
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It depends what paper you read. HS or Tele will always slag off workers. Others tend to run both sides of a story.
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