Qantas tie up with Malaysian Airlines from 1st April
The best line of the article and sums up precisely what Clifford and Joyce's motives were and truly are. Nothing about running an airline.........
If there was any strategy involved in the plan, it was purely as part of an ideological battle over trade unionism in general and Fair Work Australia in particular, which culminated in management shutting down operations for almost three days last November.
Joyce will survive as long as Clifford is there. Clifford would have to resign at the same time as he fired Joyce given he has led the board that has overseen the debacle of the last couple of years.
Indeed - it would be as hard to extricate these proven incompetents from Qantas as it was to rid the Nazi's from Germany. They have it too good where they are.
Nuremburg anyone?
Nuremburg anyone?
Join Date: Sep 1999
Location: Sydney
Posts: 470
Likes: 0
Received 0 Likes
on
0 Posts
I believe Clifford has to go at the end of the year.
Not because of incompetence unfortunately, but because of his age. Apparently he'll be too old to act as Chairman.
Does this mean SLIC will no longer have protection?
Not because of incompetence unfortunately, but because of his age. Apparently he'll be too old to act as Chairman.
Does this mean SLIC will no longer have protection?
It is the institutional investors who will tap Joyce and Clifford on the shoulder and ask them to move on.
These investors publicly supported Joyce's Asian foray and will themselves look pretty incompetent if they continue to support his next #$&% up!
These investors publicly supported Joyce's Asian foray and will themselves look pretty incompetent if they continue to support his next #$&% up!
Join Date: Oct 2010
Location: Australia
Age: 53
Posts: 127
Likes: 0
Received 0 Likes
on
0 Posts
Where to now for Qantas ?
So the Malaysian deal is off, how the hell are they going to pull out of the current deep stall ?, is it already to late or is Qantas set for a make over 
?
?
Join Date: Sep 1999
Location: Sydney
Posts: 470
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Apr 2009
Location: London-Thailand-Australia
Age: 15
Posts: 1,057
Received 0 Likes
on
0 Posts
Murdoch Press & Macquarie team up in support of Qantas?
Stockmarket rises sharply as banks rebound, aviation strengthens
support
Cookies must be enabled. | The Australian
THE sharemarket rose sharply this afternoon after broker upgrades for Qantas and Virgin, while banks rebounded off yesterday's losses.
The benchmark S&P/ASX 200 index jumped 1.2 per cent to 4246.50, pulling the index to a 0.8 per cent gain so far this week.
“I don’t think there’s anything specific (driving the market) other than it’s been disappointing in recent weeks,” said Jamie Spiteri at Shaw Stockbroking.
“I think that most of our leading stocks have faltered because of poorer general sentiment. Uncertainty has filtered across our market (recently),” he added.
Sentiment brightened today after US stocks ended mostly higher overnight ahead of a two-day meeting on monetary policy at the US Federal Reserve.
Investors are looking for any hint of forthcoming changes to the central bank’s ultra-loose monetary policy, given recent data showing a strengthening economy. The Fed has pledged to keep its key rate on hold until late 2014.
Michael Derks, chief strategist at FxPro, noted: “The recent run of favourable data allows policy makers some breathing room. Some Fed officials have recently expressed reservations about how durable these green shoots of recovery will prove to be.”
Airlines were among the best performers in Australia today, spurred on by broker action.
Qantas shares rose 3.6 per cent after the company was upgraded to ‘outperform’ from ‘neutral’ by Macquarie. A similar Macquarie upgrade for Virgin Australia saw its shares climb 2.7 per cent.
Banks took back the previous session’s losses to notch weekly gains, as Westpac shares climbed 1 per cent and NAB gained 1.7 per cent.
ANZ shares were up 1.5 per cent and Commonwealth Bank shares climbed 0.9 per cent.
Metal firms were broadly higher as well after metal futures advanced in Asian electronic trading.
Rio Tinto climbed 0.9 per cent and BHP Billiton climbed 1.2 per cent. Steelmakers gained, with BlueScope Steel up 3 per cent while OneSteel shares were up 1.8 per cent.
Insurance group QBE jumped 4.1 per cent with Spiteri noting the firm’s shares “have been hit hard in recent times.”
“We’ve obviously got a bit of solid support across other Asian markets -- that’s coming across here today as well,” Spiteri added.
The Hang Seng Index gained 1.1 per cent in Hong Kong while the Nikkei Stock Average rose 0.9 per cent in Tokyo
support
Cookies must be enabled. | The Australian
THE sharemarket rose sharply this afternoon after broker upgrades for Qantas and Virgin, while banks rebounded off yesterday's losses.
The benchmark S&P/ASX 200 index jumped 1.2 per cent to 4246.50, pulling the index to a 0.8 per cent gain so far this week.
“I don’t think there’s anything specific (driving the market) other than it’s been disappointing in recent weeks,” said Jamie Spiteri at Shaw Stockbroking.
“I think that most of our leading stocks have faltered because of poorer general sentiment. Uncertainty has filtered across our market (recently),” he added.
Sentiment brightened today after US stocks ended mostly higher overnight ahead of a two-day meeting on monetary policy at the US Federal Reserve.
Investors are looking for any hint of forthcoming changes to the central bank’s ultra-loose monetary policy, given recent data showing a strengthening economy. The Fed has pledged to keep its key rate on hold until late 2014.
Michael Derks, chief strategist at FxPro, noted: “The recent run of favourable data allows policy makers some breathing room. Some Fed officials have recently expressed reservations about how durable these green shoots of recovery will prove to be.”
Airlines were among the best performers in Australia today, spurred on by broker action.
Qantas shares rose 3.6 per cent after the company was upgraded to ‘outperform’ from ‘neutral’ by Macquarie. A similar Macquarie upgrade for Virgin Australia saw its shares climb 2.7 per cent.
Banks took back the previous session’s losses to notch weekly gains, as Westpac shares climbed 1 per cent and NAB gained 1.7 per cent.
ANZ shares were up 1.5 per cent and Commonwealth Bank shares climbed 0.9 per cent.
Metal firms were broadly higher as well after metal futures advanced in Asian electronic trading.
Rio Tinto climbed 0.9 per cent and BHP Billiton climbed 1.2 per cent. Steelmakers gained, with BlueScope Steel up 3 per cent while OneSteel shares were up 1.8 per cent.
Insurance group QBE jumped 4.1 per cent with Spiteri noting the firm’s shares “have been hit hard in recent times.”
“We’ve obviously got a bit of solid support across other Asian markets -- that’s coming across here today as well,” Spiteri added.
The Hang Seng Index gained 1.1 per cent in Hong Kong while the Nikkei Stock Average rose 0.9 per cent in Tokyo
..
.
Join Date: Apr 2009
Location: London-Thailand-Australia
Age: 15
Posts: 1,057
Received 0 Likes
on
0 Posts
Well that was a waste of 4 mins and 42 seconds of our time, and what sober background music
you said once,
http://www.pprune.org/dg-p-reporting...ml#post6796853
Interesting to sit back and watch the question time in the senate hearing. I think AJ answers the questions well, but the senators on the other hand seem to get so wound up and end up making some very poor "personal" remarks in response. I would be very surprised if it is a negative outcome for the Qantas management, and the poor sportsmanship from the senators will only help AJ's team.
fair enough comment, you are entitled to your view as well.... I respect that.. I think we all do on here..
Last edited by TIMA9X; 13th Mar 2012 at 17:49.
Join Date: Jul 2008
Location: Skating away on the thin ice of a new day.
Posts: 1,116
Received 13 Likes
on
8 Posts
Whenever any large broking house puts out a "BUY" on anything it does not mean they are buying, it is often a message to their retail clients. Volume increases and large holders can unload into that volume without destroying the price. A Buy call does not mean the insto's are buying for themselves or large corporate accounts.
Joyce and Clifford will likely survive. AJ less so as he is more vulnerable being the public face and CEO driving this plan. Big holders imho will still like the anti union all round cost lowering plans.
EDIT. I sincerely hope I am wrong.
Joyce and Clifford will likely survive. AJ less so as he is more vulnerable being the public face and CEO driving this plan. Big holders imho will still like the anti union all round cost lowering plans.
EDIT. I sincerely hope I am wrong.
Join Date: Dec 2007
Location: Downunder
Age: 74
Posts: 257
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by ampclamp
....Joyce and Clifford will likely survive.....Big holders imho will still like the anti union all round cost lowering plans.
EDIT. I sincerely hope I am wrong.
EDIT. I sincerely hope I am wrong.
ST
With due acknowledgement to the author at Air Canada could this also apply to Qantas pilots.
I am an army of One - A Captain in the Air Canada army.
For years I was a loyal soldier in Air Canada army. Use to fight for the
big red - Now I fight my own war.
I used to feel valued and respected. Now I know I am mere fodder.
They used to exhibit labour leadership. Now they exploit legal loopholes.
They used to enjoy my maximum. Now they will suffer my minimum.
I am an army of One.
I used to save Air Canada a thousand pounds of fuel per leg; finding the
best altitude, getting direct routing, throttling back when on-time was
made, skimping during ground ops, adjusting for winds, being smart and
giving the company every effort I could conjure. Now, it's "burn baby,
burn!".
I used to call maintenance while airborne, so the part would be ready at
the gate. Now, they'll find the write-up when they look in the book.
I used to try to fix problems in the system, now I sit and watch as the
miscues pile up.
I used to fly sick. Now I use my sick days, on short notice, on the worst
day of the month.
I am an army of One.
I used to start the air conditioning at the last possible moment. Now my
customers enjoy extreme comfort.
I used to let the price of fuel affect my fuel loads. I still do.
I used to cover mistakes by operations. Now I watch them unfold.
I used to hustle to ensure an on-time arrival, to make us the best. Now I
don’t share my success.
I used to call dispatch for rerouting, to head off ground delays for bad
weather. Now I collect paid minutes, number 35 in line for takeoff.
I am on a new mission - to demonstrate that misguided leadership of
indifference and disrespect has a cost. It's about character, not
contracts. It's about leading by taking care of your people instead of
leadership by bean counters (an oxymoron). With acts of omission, not
commission, I am a one-man wrecking crew - an army of One. My mission used
to be to make Air Canada rich. Now it's to make Air Canada pay.
When they manipulate summer vacation to save their understaffed airline – I
will make them pay
When they force my FO to sit in economy while dead-heading with Jazz pilots
sitting in first class– I will make them pay
When they provide me with a sub-standard hotel for me to rest- I will make
them pay.
When over-booked customers are denied boarding system wide because of their
lack of planning - I will make them pay.
When they force pilots, who have waited 12 years to become Captains, to be
FOs again - I will make them pay.
When they try to manipulate my schedule to fix their lack of planning - I
will make them pay.
When they trick my FO into flying over his duty day – I will make them pay
When the CEO reveries his 5 million dollars bonus on April 1st while I am
still 20% below - I will make them pay
When they constantly violate the letter and spirit of our contract - a
contract that's a bargain by any measure, and force us to fight lengthy
grievances - I will make them pay.
My negotiating committee speaks for me, but I act on my own. I am a walking
nightmare to the bean counters that made me. Are you listening? This
mercenary has a lot of years left with this company; how long can you
afford to keep me bitter? I'm not looking for clauses in a contract, I'm
looking for a culture of commitment and caring. When I see it, I'll be a
soldier for Air Canada again. Until then, I am an Army of One…And I'm not
alone!
I am an army of One - A Captain in the Air Canada army.
For years I was a loyal soldier in Air Canada army. Use to fight for the
big red - Now I fight my own war.
I used to feel valued and respected. Now I know I am mere fodder.
They used to exhibit labour leadership. Now they exploit legal loopholes.
They used to enjoy my maximum. Now they will suffer my minimum.
I am an army of One.
I used to save Air Canada a thousand pounds of fuel per leg; finding the
best altitude, getting direct routing, throttling back when on-time was
made, skimping during ground ops, adjusting for winds, being smart and
giving the company every effort I could conjure. Now, it's "burn baby,
burn!".
I used to call maintenance while airborne, so the part would be ready at
the gate. Now, they'll find the write-up when they look in the book.
I used to try to fix problems in the system, now I sit and watch as the
miscues pile up.
I used to fly sick. Now I use my sick days, on short notice, on the worst
day of the month.
I am an army of One.
I used to start the air conditioning at the last possible moment. Now my
customers enjoy extreme comfort.
I used to let the price of fuel affect my fuel loads. I still do.
I used to cover mistakes by operations. Now I watch them unfold.
I used to hustle to ensure an on-time arrival, to make us the best. Now I
don’t share my success.
I used to call dispatch for rerouting, to head off ground delays for bad
weather. Now I collect paid minutes, number 35 in line for takeoff.
I am on a new mission - to demonstrate that misguided leadership of
indifference and disrespect has a cost. It's about character, not
contracts. It's about leading by taking care of your people instead of
leadership by bean counters (an oxymoron). With acts of omission, not
commission, I am a one-man wrecking crew - an army of One. My mission used
to be to make Air Canada rich. Now it's to make Air Canada pay.
When they manipulate summer vacation to save their understaffed airline – I
will make them pay
When they force my FO to sit in economy while dead-heading with Jazz pilots
sitting in first class– I will make them pay
When they provide me with a sub-standard hotel for me to rest- I will make
them pay.
When over-booked customers are denied boarding system wide because of their
lack of planning - I will make them pay.
When they force pilots, who have waited 12 years to become Captains, to be
FOs again - I will make them pay.
When they try to manipulate my schedule to fix their lack of planning - I
will make them pay.
When they trick my FO into flying over his duty day – I will make them pay
When the CEO reveries his 5 million dollars bonus on April 1st while I am
still 20% below - I will make them pay
When they constantly violate the letter and spirit of our contract - a
contract that's a bargain by any measure, and force us to fight lengthy
grievances - I will make them pay.
My negotiating committee speaks for me, but I act on my own. I am a walking
nightmare to the bean counters that made me. Are you listening? This
mercenary has a lot of years left with this company; how long can you
afford to keep me bitter? I'm not looking for clauses in a contract, I'm
looking for a culture of commitment and caring. When I see it, I'll be a
soldier for Air Canada again. Until then, I am an Army of One…And I'm not
alone!
Join Date: Jul 2007
Location: in the classroom of life
Age: 55
Posts: 6,864
Likes: 0
Received 1 Like
on
1 Post
Interesting comparison, last night I booked a return flight from Hobart to Brisbane for an employees wife. So I looked at all threed as schedule and price were considerations.
JQ $766
QF $528
DJ $568
Now schedules were far better with VA, the price only $40.....so without taking the cheapest, VA was a winner, and I bet she will have a more plesant journey.
Makes you wonder
JQ $766
QF $528
DJ $568
Now schedules were far better with VA, the price only $40.....so without taking the cheapest, VA was a winner, and I bet she will have a more plesant journey.
Makes you wonder