QANTAS - WHERE TO NOW?
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What is obvious is that where QF get credit it is despite Joyce and Co, and not because of them. It is the staff who get them the credit, again despite how they are being treated so maybe they should ask staff how they feel.
Oh thats right, they did that and then the results were "buried" in spin.
Oh thats right, they did that and then the results were "buried" in spin.
First a very small plus for Qantas. I have a young person acquaintance who recently started working for the company and has only had a positive experience so far.
However Qantas cannot maintain a split personality and the treatment of its engineers is simply shocking, then there have been the machinations of the Board and senior management - including grounding the airline.
...So while Joyce can gush about a superior product and what customers want and experience the airline will ultimately revert to its old ugly self when pushed.
To put that another way, Hitler spruced up concentration camps and made them look like holiday resorts when the Red Cross visited them - a lick of paint, good food, good clothes, etc........, and after the visit.......
However Qantas cannot maintain a split personality and the treatment of its engineers is simply shocking, then there have been the machinations of the Board and senior management - including grounding the airline.
...So while Joyce can gush about a superior product and what customers want and experience the airline will ultimately revert to its old ugly self when pushed.
To put that another way, Hitler spruced up concentration camps and made them look like holiday resorts when the Red Cross visited them - a lick of paint, good food, good clothes, etc........, and after the visit.......
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Virgin Australia buys majority stake in Tiger Australia
meanwhile, things keep bumbling along with the management problems at Q...... JB just keeps applying the pressure up a notch ....
Where to now...?
update,
yep, a big news day..
Virgin Australia buys majority stake in Tiger Australia
Virgin Australia buys majority stake in Tiger Australia | Plane Talking
There will be a more detailed report shortly
Virgin Australia buys majority stake in Tiger Australia | Plane Talking
- Virgin Australia will pitch Tiger Australia against Qantas low cost subsidiary Jetstar after acquiring 60% of the venture for $35 million.
There will be a more detailed report shortly
update,
Virgin Australia’s big sky buys continue.
It has announced its intention to buy WA based Skywest, which operates ATR turbo-prop flights for Virgin Australia.
Virgin Australia has also sold 10% of Virgin Australia Holdings, the company that also owns its international division, to Singapore Airlines for $105 million.
This means Singapore Airlines, on its 10% equity, joins Air New Zealand with 19.9%, and Etihad, with 10%, and Richard Branson’s family company, the Virgin Group, with 26%, in the suddenly rapidly growing Virgin Australia enterprise.
There will be further reports later today.
It has announced its intention to buy WA based Skywest, which operates ATR turbo-prop flights for Virgin Australia.
Virgin Australia has also sold 10% of Virgin Australia Holdings, the company that also owns its international division, to Singapore Airlines for $105 million.
This means Singapore Airlines, on its 10% equity, joins Air New Zealand with 19.9%, and Etihad, with 10%, and Richard Branson’s family company, the Virgin Group, with 26%, in the suddenly rapidly growing Virgin Australia enterprise.
There will be further reports later today.
Last edited by TIMA9X; 29th Oct 2012 at 22:47.
Nunc est bibendum
It will be interesting to see how Virgin supports Tiger's expansion now and whether Virgin Oz crew get access to that expansion. Shades of Qantas and Jetstar, I'd hate to be on the bottom of the DJ seniority list if they're not prepared to look at integrating the lists!
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I'd be more worried if I were at the bottom of the Jetstar seniority list.
Jetstar Oz has had it's rapid growth. I'd be very surprised to see even 3% annual growth in Jetstar Oz, especially with a lower cost Tiger considering rapid expansion. There will be very little movement at Jetstar as there are few in the retirement bracket. The only saving grace for guys on the bottom of the Jetstar list is the possible Oz based 787 growth. But that remains to be seen.
Jetstar Oz has had it's rapid growth. I'd be very surprised to see even 3% annual growth in Jetstar Oz, especially with a lower cost Tiger considering rapid expansion. There will be very little movement at Jetstar as there are few in the retirement bracket. The only saving grace for guys on the bottom of the Jetstar list is the possible Oz based 787 growth. But that remains to be seen.
A good piece from Pascoe delivering from the Randwick end.
Qantas under attack on all fronts | Virgin Australia
Qantas under attack on all fronts | Virgin Australia
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“Follow the money” is the first law of business journalism. Virgin Australia is now two-thirds owned by aviation professionals. Qantas is owned by, well, no-one in particular.
For all the Qantas board’s bleating about wanting the foreign ownership restrictions of the Qantas Sale Act lifted or liberalised, you might wonder who would want to buy in.
The apparent Qantas concentration on expanding the Jetstar brand – don’t forget who gets the delayed 787s when they eventually arrive – has allowed Borghetti to attack on all fronts.
Revenge, whether served hot or cold, can be a powerful motivator. If Qantas board members are given to reflection, they might well rue their passing over of Borghetti for the Jetstar bloke. A parallel comes to mind of the rise and rise of Channel 7 led by executives variously knifed by Channel 9.
Today’s Singapore/Tiger/Skywest deals increase the case for Qantas and Virgin Australia being treated equally and for the Qantas/Emirates relationship to be approved. Yet while Qantas increasingly looks like target in search of a takeover with a wide open register, it’s harder to see anyone interested in buying at anything but a low-ball price.
For all the Qantas board’s bleating about wanting the foreign ownership restrictions of the Qantas Sale Act lifted or liberalised, you might wonder who would want to buy in.
The apparent Qantas concentration on expanding the Jetstar brand – don’t forget who gets the delayed 787s when they eventually arrive – has allowed Borghetti to attack on all fronts.
Revenge, whether served hot or cold, can be a powerful motivator. If Qantas board members are given to reflection, they might well rue their passing over of Borghetti for the Jetstar bloke. A parallel comes to mind of the rise and rise of Channel 7 led by executives variously knifed by Channel 9.
Today’s Singapore/Tiger/Skywest deals increase the case for Qantas and Virgin Australia being treated equally and for the Qantas/Emirates relationship to be approved. Yet while Qantas increasingly looks like target in search of a takeover with a wide open register, it’s harder to see anyone interested in buying at anything but a low-ball price.
Changes at the top required urgently me thinks...
It couldn't just be coincidence that the QANTAS AGM is Friday could it?
Great timing by Borghetti. Hopefully the shareholders might start to ask some serious questions regarding the future direction of QANTAS. The muppet and the muppet master are probably going to have to spend all week dreaming up answers to what could, and should, be some pretty tough questioning come Friday.
The answers will probably go something like this:
"We remain confident in our 17 brand strategy."
"Our four or six or 17 pillar (depending what week it is and who's talking) renewal strategy is continuing to deliver ongoing improvement in our international operation for shareholders going forward".
"Our international alliance strategy will continue to deliver blah, blah, blah because we've given up trying to run an airline because we simply don't know how."
Seriously, the business was in a hole at the time of last year's AGM and it hasn't improved since. Be gone Leprechaun.
Great timing by Borghetti. Hopefully the shareholders might start to ask some serious questions regarding the future direction of QANTAS. The muppet and the muppet master are probably going to have to spend all week dreaming up answers to what could, and should, be some pretty tough questioning come Friday.
The answers will probably go something like this:
"We remain confident in our 17 brand strategy."
"Our four or six or 17 pillar (depending what week it is and who's talking) renewal strategy is continuing to deliver ongoing improvement in our international operation for shareholders going forward".
"Our international alliance strategy will continue to deliver blah, blah, blah because we've given up trying to run an airline because we simply don't know how."
Seriously, the business was in a hole at the time of last year's AGM and it hasn't improved since. Be gone Leprechaun.
Last edited by DirectAnywhere; 30th Oct 2012 at 04:28.
Joyce now has to go for broke.
He will substitute emirates departments for Qantas to the point where the only differentiation is the color of the tail and the accent of the cc.
There is no other option.
He will substitute emirates departments for Qantas to the point where the only differentiation is the color of the tail and the accent of the cc.
There is no other option.
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John Borghetti interview
for those who missed it.... and worth watching again..
John Borghetti is really good in this interview (in my humble opinion anyway,) relaxed, confident and reassuring, he comes over well...... sort of backs up why so many on here speak so highly of him.... he beams.....
and the timing.. brilliant! 3 days before the Qantas AGM in Canberra... now that's PR showbiz at its best!
)dancers and all!
Last edited by TIMA9X; 30th Oct 2012 at 12:50.
short flights long nights
Compare JB and AJ talking, its like chalk and cheese!!!!! Take note, QF board!!!!!
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There is also another significant difference, JB seems to have an endless line of partners who want to do business with him.
Maybe intellect and integrity do matter after all.
Maybe intellect and integrity do matter after all.
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Well it doesn't make me weep as a QANTAS employee but it does make me pleased when I see a CEO who is articulate, doesn't rubbish the opposition and most importantly doesn't put his own company on a self created pedestal and go on about what an AMAZING business he has created.
A nice understatement and perhaps a sound business strategy for Virgins future.
I hope it works out for your company.
I hope we have some success soon too and regain some intelligence at our highest level.
GUARD
A nice understatement and perhaps a sound business strategy for Virgins future.
I hope it works out for your company.
I hope we have some success soon too and regain some intelligence at our highest level.
GUARD
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I'm actually pleased with the Virgin Australian announcements.
Hopefully, this will trigger Qantas management to lift its game & change it's strategy.
JB has identified what is essentially wrong with Qantas strategy & is implementing the opposite within Virgin. It's a poke in the eye for QF's strategy over the last 8 years.
Virgin Australia will:
1. Growing the premium brand & business with the possibility of increasing services to Asia.
2. Recognising & Engage Employees ("the people make the airline")
3. Creating jobs & growing routes to the benefit of the Australian economy
4. Deploying the LCC (Tiger) on routes "not appropriately serviced" ie: not cannibalize the premium market.
5. Differentiating the Premium & LCC product & not code-sharing ie: "we have learnt from other airlines experiences"
6. Targeting the Premium and middle ground leisure market.
MC
Hopefully, this will trigger Qantas management to lift its game & change it's strategy.
JB has identified what is essentially wrong with Qantas strategy & is implementing the opposite within Virgin. It's a poke in the eye for QF's strategy over the last 8 years.
Virgin Australia will:
1. Growing the premium brand & business with the possibility of increasing services to Asia.
2. Recognising & Engage Employees ("the people make the airline")
3. Creating jobs & growing routes to the benefit of the Australian economy
4. Deploying the LCC (Tiger) on routes "not appropriately serviced" ie: not cannibalize the premium market.
5. Differentiating the Premium & LCC product & not code-sharing ie: "we have learnt from other airlines experiences"
6. Targeting the Premium and middle ground leisure market.
MC