QANTAS - WHERE TO NOW?
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The management in qantas has been spending months in how to shut bases and retrenched employees instead of winning their customers back and qf shareholders must be dumb,deaf and blind.
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On the contrary Bagus .I think the major shareholders are complicit in the dirty little plan.
The largest Qantas shareholder—with 22.72 percent of the company—is J. P. Morgan .The second largest is HSBC with 18.91 percent. Next is National Nominees with an 18.26 percent stake. The fourth largest is Citicorp.
The biggest 20 shareholders control 80.3 percent of total voting shares, and that just the top four, a group of major global financial conglomerates, hold over 70 percent.
Qantas is an example of how the most powerful financial interests exert sway over the economy. Just 240 of the company’s 133,392 shareholders own 82.49 percent of the stock.
Investment funds are also among the largest shareholder of Australia’s four major banks, the Commonwealth Bank, National Australia Bank, Westpac Bank and ANZ Bank, which in turn are large shareholders of the investment funds.
J. P. Morgan is also one of the top four shareholders of BHP-Billiton and Rio Tinto. This web of interconnections guarantees that the executives of QF serve as the direct representatives of finance and carry out their dictates. They move seamlessly between different companies, serving the same essential masters. Leigh Clifford previously CEO of Rio Tinto. The other board members include former executives of the banks, mining conglomerates, industrial companies and global equity funds, as well as retired military chief General Peter Cosgrove, who commanded the neo-colonial Australian intervention into East Timor in 1999.
JPMorgan is more than big enough to absorb the continuing underperformance of QF stock. The bank made $19 billion last year.The QF exercise is merely short term insignificant hiccup tolerated with a view to the bigger picture, the destruction of the national icon and organised labour in Australia .It will be repaid later by the sweat of the shackled classes.
Share price today is $1.445 .They must be salivating in the boardroom and at the Bellevue Hotel . The Veuve Cliquot must surely be on the ice.
The largest Qantas shareholder—with 22.72 percent of the company—is J. P. Morgan .The second largest is HSBC with 18.91 percent. Next is National Nominees with an 18.26 percent stake. The fourth largest is Citicorp.
The biggest 20 shareholders control 80.3 percent of total voting shares, and that just the top four, a group of major global financial conglomerates, hold over 70 percent.
Qantas is an example of how the most powerful financial interests exert sway over the economy. Just 240 of the company’s 133,392 shareholders own 82.49 percent of the stock.
Investment funds are also among the largest shareholder of Australia’s four major banks, the Commonwealth Bank, National Australia Bank, Westpac Bank and ANZ Bank, which in turn are large shareholders of the investment funds.
J. P. Morgan is also one of the top four shareholders of BHP-Billiton and Rio Tinto. This web of interconnections guarantees that the executives of QF serve as the direct representatives of finance and carry out their dictates. They move seamlessly between different companies, serving the same essential masters. Leigh Clifford previously CEO of Rio Tinto. The other board members include former executives of the banks, mining conglomerates, industrial companies and global equity funds, as well as retired military chief General Peter Cosgrove, who commanded the neo-colonial Australian intervention into East Timor in 1999.
JPMorgan is more than big enough to absorb the continuing underperformance of QF stock. The bank made $19 billion last year.The QF exercise is merely short term insignificant hiccup tolerated with a view to the bigger picture, the destruction of the national icon and organised labour in Australia .It will be repaid later by the sweat of the shackled classes.
Share price today is $1.445 .They must be salivating in the boardroom and at the Bellevue Hotel . The Veuve Cliquot must surely be on the ice.
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Must say flying Virgin irritates me, whats with all this pally wally business from people you don't even know. The best flight I have had in the last 12 months was to Japan (NRT) in star class on JQ. CC were excellent, seats were comfortable, food was very good (where do they get those meat pies, never had one like it before) and the flight deck comments were informative and up to date. Same coming back to the Goldie, different crew, but kind and helpful. Definitely better than QF J class, where the staff were bored, the food was good, but being on staff travel, the staff made little effort with us. So different to JQ.
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"HSBC Nominees" and "JP Morgan Nominees" etc are not necessarily HSBC and JP Morgan themselves. They are holding the shares on behalf of other institutional investors or individual shareholders. It would be interesting to find out who they are. However, any related party transactions have to be reported to the ASX, even if they are just "nominees"
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Being a rumour network, allow me to indulge!
Anyone else heard the rumour that Boeing contacted Qantas recently with the following question...
"Hey Quantarse, reference the 787, we need to know what colour to paint the airframe and what configuration to fitout the cabin in. Make a friggin decision."
The response was a quiet whisper: " Qantas red and white!"
Anyone else heard the rumour that Boeing contacted Qantas recently with the following question...
"Hey Quantarse, reference the 787, we need to know what colour to paint the airframe and what configuration to fitout the cabin in. Make a friggin decision."
The response was a quiet whisper: " Qantas red and white!"
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Being a rumour network, allow me to indulge!
Anyone else heard the rumour that Boeing contacted Qantas recently with the following question...
"Hey Quantarse, reference the 787, we need to know what colour to paint the airframe and what configuration to fitout the cabin in. Make a friggin decision."
The response was a quiet whisper: " Qantas red and white!"
Anyone else heard the rumour that Boeing contacted Qantas recently with the following question...
"Hey Quantarse, reference the 787, we need to know what colour to paint the airframe and what configuration to fitout the cabin in. Make a friggin decision."
The response was a quiet whisper: " Qantas red and white!"
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[QUOTE]"... and in little letters, up the back, 'Operated by Jetstar.'"[QUOTE]...a subsidiary of the company formerly known as redQ.
...which owns all rights to Bangladesh Q
...which continues to operate under the trade name *QANTAS.
...*note: the word "QANTAS" in no way implies ties with Queensland or Northern Territory, Aerial service is neither implied. The QANTAS logo and trademark are wholly owned by *Boston Consulting.
...*Boston consulting is a wholly owned subsidiary of the people's republic of China.
.
...which owns all rights to Bangladesh Q
...which continues to operate under the trade name *QANTAS.
...*note: the word "QANTAS" in no way implies ties with Queensland or Northern Territory, Aerial service is neither implied. The QANTAS logo and trademark are wholly owned by *Boston Consulting.
...*Boston consulting is a wholly owned subsidiary of the people's republic of China.
.
Last edited by psycho joe; 19th May 2012 at 11:18.
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There are a couple of junior B767 captains - pole smoking company men - who are telling all and sundry that 'The Company wants to do a deal with AIPA over the B787, its going to happen soon !!!!"
They are smoking drugs.
JQ pilots have an email from their management which categorically states the B787 will be based in Sin and not flown by Australians.
Wake up and smell the coffee. We are all hosed.
They are smoking drugs.
JQ pilots have an email from their management which categorically states the B787 will be based in Sin and not flown by Australians.
Wake up and smell the coffee. We are all hosed.
Last edited by mohikan; 19th May 2012 at 11:29.
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feel good factor required and available now
JQ pilots have an email from their management which categorically states the B787 will be based in Sin and not flown by Australians.
Wake up and smell the coffee. We are all hosed.
Wake up and smell the coffee. We are all hosed.
Being a rumour network, allow me to indulge!
Anyone else heard the rumour that Boeing contacted Qantas recently with the following question...
"Hey Quantarse, reference the 787, we need to know what colour to paint the airframe and what configuration to fitout the cabin in. Make a friggin decision."
The response was a quiet whisper: " Qantas red and white!"
Anyone else heard the rumour that Boeing contacted Qantas recently with the following question...
"Hey Quantarse, reference the 787, we need to know what colour to paint the airframe and what configuration to fitout the cabin in. Make a friggin decision."
The response was a quiet whisper: " Qantas red and white!"
It makes sense to have the B787 go to Q mainline first.. just a classic feel good for all concerned, everyone is a winner..
The regular premium pax choose to fly Qantas because it is Qantas as they know it.. hell, it is still a great J class product .. Y class is still better than average, (my thoughts casting back on some competition products tested over the past few years).. I still regard Qantas up there with the best long haul, the older 744s are fine, with character, most people in the know accept that.
I understand the new 744 refits are getting the thumbs up!
Positive stuff for a change and a great vibe attached to this video produced by Qantas for youtube ... its fresh...
(I can't believe I just wrote that)The last few years have been bad for all of us, we live in uncertain times.. Jeez it would be nice if I woke up tomorrow and herd on the radio when starting the car,
Alan Joyce makes new deal with Qantas pilots to fly the first 787 with a roo on the tail...
Positive vibe, everybody is happy..
Last edited by TIMA9X; 20th May 2012 at 12:36.
You are about to endure a worldwide financial cataclysm.
That will result in a wave of nationalism not seen since 1914. The Qantasia strategy will be seen as the farce it is. You are Australian? You fly on an Australian airline, period. Chinese? Same same.
Qantas will not survive unless it maintains, overhauls or repairs EVERYTHING it requires in Australia.
By the beginning of 2013, protectionism will no longer be a dirty word. The Australian mining boom will be imploding and with it the Australian two speed economy. House prices need to come down at least Thirty percent - which they will, as interest rates head towards Ten percent because Australia will be fighting to finance itself as foreign investment dries up.
The stupid smartass American pundits currently laughing at Europe and the Greeks will be crying their eyes out because the American banks have huge exposure to Europe. Singapore also has huge exposure to Europe via its financial investments and China will be dealing with internal problems.
Gold will double in value by any measure and worldwide inflation will skyrocket.
The price of Australian labour will suddenly be looking very very attractive, especially for the airlines, because a lot of on - costs are actually deferred liabilities. To put that another way, when you get your aircraft maintained by Lufthansa technik in Manila, you have to pay CASH to get it back, not so with maintaining it here.
God help us all. Some of us have seen this coming for at least Five years.
That will result in a wave of nationalism not seen since 1914. The Qantasia strategy will be seen as the farce it is. You are Australian? You fly on an Australian airline, period. Chinese? Same same.
Qantas will not survive unless it maintains, overhauls or repairs EVERYTHING it requires in Australia.
By the beginning of 2013, protectionism will no longer be a dirty word. The Australian mining boom will be imploding and with it the Australian two speed economy. House prices need to come down at least Thirty percent - which they will, as interest rates head towards Ten percent because Australia will be fighting to finance itself as foreign investment dries up.
The stupid smartass American pundits currently laughing at Europe and the Greeks will be crying their eyes out because the American banks have huge exposure to Europe. Singapore also has huge exposure to Europe via its financial investments and China will be dealing with internal problems.
Gold will double in value by any measure and worldwide inflation will skyrocket.
The price of Australian labour will suddenly be looking very very attractive, especially for the airlines, because a lot of on - costs are actually deferred liabilities. To put that another way, when you get your aircraft maintained by Lufthansa technik in Manila, you have to pay CASH to get it back, not so with maintaining it here.
God help us all. Some of us have seen this coming for at least Five years.
Last edited by Sunfish; 19th May 2012 at 21:31.
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Thanks Sunfish for buggering up my morning. Here I was deciding to either throw in a line sitting happily in Currumbin Creek in the family tinnie, or taking the dog for a stroll enjoying the surf and the fresh air, perhaps shout the missus some lunch later on, and you blog this. Trouble is I think you are right, we are about to be hit by a Tsunami, that will have far reaching effects, we have a govt. that could not run a pie shop, a mining industry which now is the backbone of the nation, relying on just a couple of countries to remain in the black, manufacturing up the creek, retail up the creek, unemployment on the way up (4.5%) pigs ar#se they are counting in people that might just work one hour a week, part time work seldom pays a mortgage, unions that are once more gaining control, think Teachers this week, BHP next week, barely happened under Howard. Then we have the govt. handing out money to those who are struggling to buy a new set of mag wheels, followed by a bloke who after inheriting the company from another tosser, decides to turn what was once the pride of the nation into Jetstar. Chuck in Greece, Spain, and possibly France, add the Illegal Immigrants who could not be far off hiring a ferry to save all the trouble, give them National papers and how to vote cards at the same time whilst they are still at sea, who cares if they are related to Bin Laden, as long as they vote Labor, and you wonder what on earth went wrong and what the hell are we leaving our kids and grandkids. I think I will just go back to bed.
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Thanks for that appraisal Sunfish.
Even though I nearly choked on my Fruit Loops.......this is REALITY!
A ticking time bomb is about to go off.
BRACE BRACE BRACE,,,,, HEADS DOWN ,,,,,,,STAY DOWN
Even though I nearly choked on my Fruit Loops.......this is REALITY!
A ticking time bomb is about to go off.
BRACE BRACE BRACE,,,,, HEADS DOWN ,,,,,,,STAY DOWN
I think Sunfish's scenario is sadly what Australia actually needs NOW before we lose more and more industry overseas.
Relative short term pain will be worth it to keep long term industry onshore.
The eventual upside will see us do more than just dig up dirt and send it offshore, we might actually turn it into something first.
Relative short term pain will be worth it to keep long term industry onshore.
The eventual upside will see us do more than just dig up dirt and send it offshore, we might actually turn it into something first.
Watched the reconfig video, all sounds great, however...
After all those toasted sandwiches and a couple of coffees what comes next? When nature takes its course, you will be standing in line for the crapper - the reconfig has 5 fewer toilets!
After all those toasted sandwiches and a couple of coffees what comes next? When nature takes its course, you will be standing in line for the crapper - the reconfig has 5 fewer toilets!
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Qantas may take its first 787s back from Jetstar
from Ben Sandilands Qantas may take its first 787s back from Jetstar
Qantas may have taken 787 Dreamliners back off Jetstar | Plane Talking
Unless the plan falls over at the last minute Qantas will take the first Boeing 787 Dreamliners off its low cost subsidiary Jetstar which had been slated to get delivery priority to allow instead for some highly desirable if not urgent retirements in its aged 767 Cityflyer fleet.
The plan needs but doesn’t necessarily depend on long haul pilot union agreement, and given the toxic relationship between Qantas management and its ‘help’ in general the change of direction may not quite work out.
The current official plan is for the 787s to be operated from a Singapore base to save money, although as Singapore began to look increasingly expensive, there was some chatter about the Philippines.
Whatever the locational plan, the first eight or so of the 787-8s in the 50 Dreamliner order were to be delivered to Jetstar to replace its ex-Qantas and newer A330-200s, which would be bumped back into the Qantas fleet to replace 767-300s and which have in the main retained their more comfortable original Qantas configuration.
However it has become increasingly apparent in recent months that Jetstar was showing no signs of preparing itself to take the 787s by sometime in the second half of 2013, and it is also apparent that the pilot body is talking to management about something that could be important.
Which is why this post is really an exercise in connecting the dots and paying attention to a few of the stories that are in circulation, as well as this week’s demo flights visit by a Dreamliner, the third one built, equipped with passenger seating which is being hosted by Qantas.
A prior overseas commitment means I can’t make the flight offered by Boeing during the tour. Another time.
While Qantas has altered its 787 strategy a number of times to fit changed circumstances, as it should have, the essential plan seems to involve the use of the larger and more capable but yet-to-fly 787-9 version of the Dreamliner branded as Qantas on a range of routes, including some now flown by Qantas A330-300s such as to Shanghai, and even in one interview given by Qantas CEO Alan Joyce, as a replacement for the 747-400ER that operates the Dallas Forth Worth service.
Just what that service will be in 2015 or 2016 also depends on what American Airlines is by then, with US speculation about mergers with USAirways, Delta (Virgin Australia’s alliance partner) and United all getting prolonged workouts in the US financial press in recent weeks.
However the future of American Airlines and what it means for oneworld as well as Qantas, is another story, one even harder to nail than the Qantas/Jetstar 787 epic which had as its original curtain raiser an introduction into service of the ‘early’ -8s with Jetstar from August 2008.
The Qantas 787 order comprises, at this stage, 15 of the shorter, earlier, smaller -8s, like those that have ‘trickled’ into service so far, and 35 of the -9s
Unless the plan falls over at the last minute Qantas will take the first Boeing 787 Dreamliners off its low cost subsidiary Jetstar which had been slated to get delivery priority to allow instead for some highly desirable if not urgent retirements in its aged 767 Cityflyer fleet.
The plan needs but doesn’t necessarily depend on long haul pilot union agreement, and given the toxic relationship between Qantas management and its ‘help’ in general the change of direction may not quite work out.
The current official plan is for the 787s to be operated from a Singapore base to save money, although as Singapore began to look increasingly expensive, there was some chatter about the Philippines.
Whatever the locational plan, the first eight or so of the 787-8s in the 50 Dreamliner order were to be delivered to Jetstar to replace its ex-Qantas and newer A330-200s, which would be bumped back into the Qantas fleet to replace 767-300s and which have in the main retained their more comfortable original Qantas configuration.
However it has become increasingly apparent in recent months that Jetstar was showing no signs of preparing itself to take the 787s by sometime in the second half of 2013, and it is also apparent that the pilot body is talking to management about something that could be important.
Which is why this post is really an exercise in connecting the dots and paying attention to a few of the stories that are in circulation, as well as this week’s demo flights visit by a Dreamliner, the third one built, equipped with passenger seating which is being hosted by Qantas.
A prior overseas commitment means I can’t make the flight offered by Boeing during the tour. Another time.
While Qantas has altered its 787 strategy a number of times to fit changed circumstances, as it should have, the essential plan seems to involve the use of the larger and more capable but yet-to-fly 787-9 version of the Dreamliner branded as Qantas on a range of routes, including some now flown by Qantas A330-300s such as to Shanghai, and even in one interview given by Qantas CEO Alan Joyce, as a replacement for the 747-400ER that operates the Dallas Forth Worth service.
Just what that service will be in 2015 or 2016 also depends on what American Airlines is by then, with US speculation about mergers with USAirways, Delta (Virgin Australia’s alliance partner) and United all getting prolonged workouts in the US financial press in recent weeks.
However the future of American Airlines and what it means for oneworld as well as Qantas, is another story, one even harder to nail than the Qantas/Jetstar 787 epic which had as its original curtain raiser an introduction into service of the ‘early’ -8s with Jetstar from August 2008.
The Qantas 787 order comprises, at this stage, 15 of the shorter, earlier, smaller -8s, like those that have ‘trickled’ into service so far, and 35 of the -9s
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The China Factor
You are about to endure a worldwide financial cataclysm.
Why? Europe is one of the biggest markets for China and they have a vested interest in keeping the EURO healthy. Buying many billions of EUROS is spare change to the Chinese but it supports one of their biggest markets and increases their political influence.
Governments constantly intervene to tweak currency pairs and the Chinese are known to be very active to support there trading goals.
Last edited by FlareArmed; 20th May 2012 at 03:29.
Nunc est bibendum
There are a couple of junior B767 captains - pole smoking company men - who are telling all and sundry that 'The Company wants to do a deal with AIPA over the B787, its going to happen soon !!!!"
I'm wondering who these 'pole smoking company men' junior 767 drivers are. As I look through the list of junior 767 crew there aren't too many who would be considered 'company men' let alone the 'pole smoking' type.
Then again, given how infrequently I work these days I've no doubt that I'm at least three weeks behind the times at the moment! 
