Qantas Group - New Airline Structure
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It gets the sackings off the top of the news search. cynical much.
Last edited by ampclamp; 22nd May 2012 at 02:15.
787-8's to be operated 'domestically' under the SH award?
'Long Haul only' pilot redundancies? ('But sir, we can't follow the EBA by doing last on, first off....we're losing so much money' - Kendalls anyone?)
A codeshare with EK? Now that might actually be good news if it happens...
'Long Haul only' pilot redundancies? ('But sir, we can't follow the EBA by doing last on, first off....we're losing so much money' - Kendalls anyone?)
A codeshare with EK? Now that might actually be good news if it happens...
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Don't quite understand the timing.Qantas splits in two and goes back to the future with the 'real', but apparently unprofitable, Qantas flying overseas and Australian Airlines resurrected for Domestic operations but minus it's Tullamarine maintenance hangar.Then BB announces he's leaving JS and the aviation industry? They say timing is everything so there must be some reason behind all of this. While I'm guessing no-one will be too saddened by BB's departure at least he's honest enough to admit that he is really a businessman first and was only interested in Airlines as an academic excercise while at the Boston School of Management.
Honestly, you just couldn't make this stuff up! Reality is way stranger than fiction. 
From the Vanessa Megan website:
From Vanessa's profile:
{Update : 0355 UTC. The above malapropism has been edited over on the VM website. Someone from Boston's been reading Pprune, then, eh! But it's staying here, forever!}
From Bruce's profile:
Cosmetics to the world! This all reminds me of something, way back when, when, [yes!] when Qantas was still an esteemed airline. Oh, of course -
Poppy King! Read the full story
From the Vanessa Megan website:
From Vanessa's profile:
"Sin addition, Vanessa is a highly received actress who has stared in many films..."
From Bruce's profile:
“I am excited to be able to help another business, Vanessa Megan, realise its potential through-out Asia. I have used the product over the last twelve months and have fallen in love with the product and brand. When I drink wine (a hazard of building a business involving many partners) I can react with a rash around my eyes, which I used to treat with a steroid cream – I have now happily replaced this with the natural eye cream from Vanessa Megan"
Poppy King! Read the full story
Last edited by Captain Gidday; 22nd May 2012 at 04:07.
Sprucegoose
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Mr Buchanan will also provide consultancy services to Jetstar for an additional 18 months.
Reported on the news "Qantas shares up 1% as a result", NO...Qantas shares up in line with the indexes. Double
Last edited by Howard Hughes; 22nd May 2012 at 02:55.
From Bruce's profile:
Quote:
“I am excited to be able to help another business, Vanessa Megan, realise its potential through-out Asia. I have used the product over the last twelve months and have fallen in love with the product and brand. When I drink wine (a hazard of building a business involving many partners) I can react with a rash around my eyes, which I used to treat with a steroid cream – I have now happily replaced this with the natural eye cream from Vanessa Megan"
Quote:
“I am excited to be able to help another business, Vanessa Megan, realise its potential through-out Asia. I have used the product over the last twelve months and have fallen in love with the product and brand. When I drink wine (a hazard of building a business involving many partners) I can react with a rash around my eyes, which I used to treat with a steroid cream – I have now happily replaced this with the natural eye cream from Vanessa Megan"
With Alan Joyce approaching almost four years in the top job at Qantas, the airline's board appears to have made a call that it is time to start thinking seriously about succession planning.
The most likely internal candidates for the top gig at the Flying Kangaroo - Simon Hickey, Jayne Hrdlicka and Lyell Strambi - have all been given new empires of their own to run.
Hickey, the boss of Qantas's biggest money spinner, the Frequent Flyer division, is seen as the man most likely at this stage to take over from Joyce when the time eventually comes for a change of CEO. But in the meantime, he will have what some describe as mission impossible: turning around Qantas's loss-making and heavily unionised international operations.
While Hickey will take over as CEO of Qantas International under the split announced today, Hrdlicka, until now the head of strategy and technology, will become the CEO of Qantas's low-cost airline, Jetstar.
Strambi, a former Ansett and Virgin Atlantic executive who has been Qantas's head of operations, will become boss of Qantas domestic.
Although it will be an easier task than Hickey's, Strambi will still have his job cut out for him in the coming months as Qantas attempts to fend off Virgin Australia's aggressive attempt to win over lucrative business travellers.
Big surprise
But perhaps the biggest surprise today is the departure of Jetstar's chief executive, Bruce Buchanan, who was viewed as Joyce's right-hand man. Buchanan will remain at Jetstar over the next six months to assist in the change of baton to Hrdlicka, and will also offer "consultancy services" for a further 18 months.
Rob Gurney, Qantas's head of commercial and freight, will also leave the Flying Kangaroo.
At first blush, the shake-up has not been interpreted as an attempt to copy Virgin Australia's ownership changes, which resulted in it splitting its international and domestic operations into two separate companies. That restructure, completed in March, will allow foreign institutional investors, and airlines such as Etihad, to invest in Virgin's domestic business.
Rather, the biggest shake-up of Qantas's senior echelons since Joyce took over from Geoff Dixon in late 2008 is seen as an internal management reshuffle with an eye to succession planning.
Significantly, the reshuffle will also result in the airline breaking out the financial performance of Qantas's premium international operations. Although Qantas disclosed last year during the height of its damaging industrial dispute that the international operations had lost more than $200 million, it has not previously given investors an insight into its performance.
In sum then, the appointment of Hickey and Hrdlicka, the latter a former Bain consultant, in operational roles now gives them a chance to make their pitch for the top job when Joyce eventually departs.
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Unfortunately, all this move does really is to ensure that QFI now operates under JQ 'management' and eventually, probably in new JQ colours. Not surprised to see this announcement really.....
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Will it mean that they won't be able to use creative accounting by shifting costs to International, making J* look better, hence seeing the true picture?
nah, didn't think so, that would be too honest?
nah, didn't think so, that would be too honest?
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Two other points come to mind now:
The 'Bain & Co' faction in QF management continues its ascendancy with these latest moves. The new 'strategy' department has nearly 1000 staff now. Almost of them ex Bain.
Buchanan is from their arch enemy - Boston Consulting Group, so its likely that this played a significant role in his removal.
Additionally, its likely that there is a couple of 'known unknowns' in this move as well. That is, something Bruce has said or done has significantly upset Eileen and the board.
What that 'thing' is, we will never know, but its of interest never the less.
The 'Bain & Co' faction in QF management continues its ascendancy with these latest moves. The new 'strategy' department has nearly 1000 staff now. Almost of them ex Bain.
Buchanan is from their arch enemy - Boston Consulting Group, so its likely that this played a significant role in his removal.
Additionally, its likely that there is a couple of 'known unknowns' in this move as well. That is, something Bruce has said or done has significantly upset Eileen and the board.
What that 'thing' is, we will never know, but its of interest never the less.
Craig thompson has nothing on this bloke.
I wonder how lying and deceit will go in the cosmetics business in asia?
There is no doubt that bb has left a legacy for the airline industry - in particular his complicity in the demise of the profession of the airline pilot, his abuse of (foreign) labour, and his de-humanisation of the workforce - sorry - that should be "team memebers".
The term "delusions of grandeur" comes to mind.
P.s.
Going away party to be held in phone booth just down from head office - all invited.
I wonder how lying and deceit will go in the cosmetics business in asia?
There is no doubt that bb has left a legacy for the airline industry - in particular his complicity in the demise of the profession of the airline pilot, his abuse of (foreign) labour, and his de-humanisation of the workforce - sorry - that should be "team memebers".
The term "delusions of grandeur" comes to mind.
P.s.
Going away party to be held in phone booth just down from head office - all invited.
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He finally gets the boot and goes to work for his wife, who is a partner in skin care business but in his departing statement manages to make it sound a lot better.
This is best news story coming out of Jetstar for some time
This is best news story coming out of Jetstar for some time
Last edited by toolish; 22nd May 2012 at 21:45.
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Emirates flags tie up with Qantas
The newspaper said Emirates president Tim Clark suggested in an interview that management at both airlines had moved on from the acrimony that ended a previous plan to elevate the existing interline agreement to a formal code share.
"I look at the way Qantas is today, and I think they would benefit from us as we would benefit from them," Clark was quoted as saying.
Read more: Emirates Flags Tie Up With Qantas -Report | Fox Business
Emirates could now be Qantas' longhaul carrier, the traditional longhaul is unprofitable... Sell them the 380's and retire/sell the 747's and 767's big profits all round, Joyce ends his rein as CEO on a massive wicket!
"I look at the way Qantas is today, and I think they would benefit from us as we would benefit from them," Clark was quoted as saying.
Read more: Emirates Flags Tie Up With Qantas -Report | Fox Business
Emirates could now be Qantas' longhaul carrier, the traditional longhaul is unprofitable... Sell them the 380's and retire/sell the 747's and 767's big profits all round, Joyce ends his rein as CEO on a massive wicket!
Last edited by Wedcue; 22nd May 2012 at 09:07.