QF International - 14 Aircraft total by 2021!!
Join Date: Aug 2002
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Registered to a leasing company = asset stripping.
Nothing to do with asset stripping. Especially if the SPV shareholders are the airline... (not saying they are/are not in this case).
Anyway, even if the aircraft was sold/leased back, what's the difference from selling the aircraft outright? Airlines (even/especially QF) do that all the time - you don't expect them to still own it when it's 30 years old?
Join Date: Apr 2008
Location: On a long enough timeline the survival rate for everyone is zero
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THE AUSTRALIAN FINANCIAL REVIEW (Financial Review - business, finance and investment news | afr.com)
--Qantas Airways may be forced to make some of its long-haul pilots redundant, according to observers, as the carrier's international operations continue to suffer due to a contraction in global economic growth. Around 150 long-haul pilots have already accepted an offer from Qantas to leave to work for rival airlines. "Look at the fleet projections [for Qantas International] and you don't have to be a maths genius to figure out that it requires 40 percent less crew with no suggestion of where they're going to go," one Qantas 747 pilot said. Page 14.
--Qantas Airways may be forced to make some of its long-haul pilots redundant, according to observers, as the carrier's international operations continue to suffer due to a contraction in global economic growth. Around 150 long-haul pilots have already accepted an offer from Qantas to leave to work for rival airlines. "Look at the fleet projections [for Qantas International] and you don't have to be a maths genius to figure out that it requires 40 percent less crew with no suggestion of where they're going to go," one Qantas 747 pilot said. Page 14.
source: Reuters
Quick, where's Olivia?
"We have never made a Qantas pilot redundant"
"We have never made a Qantas pilot redundant"
Share market buoyant as investors jump in - Business (Australian Broadcasting Corporation)
A. How does a share price jump by such a large percentage due to an unfounded rumour from seemingly no source? Not even the Aug announcement or the grounding had this much effect in one day.
B. I thought that all the pilots taking leave without pay had prevented any redundancies, where are these coming from?
Qantas shares surged 4.4 per cent to $1.55 amid reports it may cut jobs among its long-haul pilots.
A. How does a share price jump by such a large percentage due to an unfounded rumour from seemingly no source? Not even the Aug announcement or the grounding had this much effect in one day.
B. I thought that all the pilots taking leave without pay had prevented any redundancies, where are these coming from?
Qantas shares surged 4.4 per cent to $1.55 amid reports it may cut jobs among its long-haul pilots.
Join Date: Jan 2010
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Sophisticated investors on hotcopper are high fiving each other today over qantas getting rid of greedy , over paid pilots. Not sure they have thought it through to well.
Join Date: Oct 2009
Location: Alabama, then Wyoming, then Idaho and now staying with Kharon on Styx houseboat
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$1.55 is still a pathetic price courtesy of pathetic managers
Wow, shares jump temporarily on the news that QF is about to strip away some more of it's valuable assets - Pilots.
The market really is influenced by stupidity isn't it.
As for the Irish ninny, a temporary rise of 4.4% is bollocks. That means the overall decline in share price since the little toad came aboard is now only just under 67%. Wow, great job, quick give him another bonus somebody. The actual decline is closer to 66.6% but I thought too many sixes may spook people into thinking he really is the Devil !
Actually, 66.6% is the approximate percentage of ****e that management have between the ears. And 66.6% weight gain is the amount of extra padding that one of the 'general' board members has stacked on since indulging in the QF trough. Oink oink
The market really is influenced by stupidity isn't it.
As for the Irish ninny, a temporary rise of 4.4% is bollocks. That means the overall decline in share price since the little toad came aboard is now only just under 67%. Wow, great job, quick give him another bonus somebody. The actual decline is closer to 66.6% but I thought too many sixes may spook people into thinking he really is the Devil !
Actually, 66.6% is the approximate percentage of ****e that management have between the ears. And 66.6% weight gain is the amount of extra padding that one of the 'general' board members has stacked on since indulging in the QF trough. Oink oink
Join Date: Aug 2006
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We must remember that investment bankers are like journalists. They have a limited understanding of many industries and generally rely on company statements/media releases.
They rarely understand anything in great depth.
Investment bankers are great at analysing numbers in hindsight. Problem is those numbers are generally supplied by said companies and may not entirely reflect reality.
Market reactions do not always make sense to those who know a particular company or industry in depth.
They rarely understand anything in great depth.
Investment bankers are great at analysing numbers in hindsight. Problem is those numbers are generally supplied by said companies and may not entirely reflect reality.
Market reactions do not always make sense to those who know a particular company or industry in depth.
Join Date: Jan 2008
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I'd go further. Investment bankers and their broking associates are there to earn a fee from stock trading and finance charges. They make on transaction commissions and overdraft fees when the market is going up, and when it is coming down. They are there to earn through the churn as my own investment adviser admitted after more than a few drinks.
This activity doesn't require an understanding of the investment, but it does require salesmanship.
This activity doesn't require an understanding of the investment, but it does require salesmanship.
This activity doesn't require an understanding of the investment, but it does require salesmanship.
Join Date: Oct 2009
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Arnie E, spot on cobber.
But it is a Casino with a twist. Those gambling aren't using their own money, they use yours. Plus it is a win win situation from their perspective because they charge YOU a fee to gamble with YOUR money, so even if they lose, they really still win. And if they win, their take is even greater!!
They are equal to a used car salesman. Every single vehicle is a winner, a pearler, a beauty and a guaranteed sound vehicle investment. Yeah right, believe that and you may as well believe that Joyce likes Engineers and Pilots!! Shares are no different, the broker almost always verbally guarantees you that it is the best investment since silicon tits !!
Arnie, anything that is paper is a risk, and investing in anything that is touted by the Leprechaun is even riskier.
But it is a Casino with a twist. Those gambling aren't using their own money, they use yours. Plus it is a win win situation from their perspective because they charge YOU a fee to gamble with YOUR money, so even if they lose, they really still win. And if they win, their take is even greater!!
They are equal to a used car salesman. Every single vehicle is a winner, a pearler, a beauty and a guaranteed sound vehicle investment. Yeah right, believe that and you may as well believe that Joyce likes Engineers and Pilots!! Shares are no different, the broker almost always verbally guarantees you that it is the best investment since silicon tits !!
Arnie, anything that is paper is a risk, and investing in anything that is touted by the Leprechaun is even riskier.
