5th September QF Announcement

[theheadmaster]

Interesting example, Squawk, of the German car industry. German corporate governance does not operate to the US/UK/Aust standard of the shareholder being the only party the corporation has a responsibility to. German corporate governance is one that recognises the rights of the various stakeholders, including labour, with labour unions being represented as part of the governance structure.

[mach2male]

Air New Zealand

Air NZ suffers all the problems associated with an end of line carrier.It operates in the same competitive environment and has a smaller domestic market feed.Poor management sent it to the wall but the astute Rob Fyfe has resurrected it to the point where the airline is not only surviving but appears to be prospering

[limelight]

A quite precise summary

From Ben, once again the only journalist that seems to get it.

Qantas! Is it being done like a dinner? | Plane Talking

[*Lancer*]

The manufacture of vehicles and the operation of vehicles are two very different types of business.

If you want to talk about the car industry, let's talk about the successes of Australian automobile manufacturers vs their German counterparts...

[IsDon]

The difference between the Australian car industry and the German one is the Germans have a reputation for quality such that their brand is aspired to. The Australian car industry, on the other hand, has a reputation for producing heaps of sh1t that only a bogan would aspire to. If the mining boom ever goes tits up there will a market flood in Perth of cheap Maloo utes. Priced exactly what they're worth, next to nothing.

The same could be said of QANTAS. It once had a rolled gold brand the envy of just about every company on the planet. Ranking with the likes of Coca-Cola for brand recognition. Unfortunately the Mercedes of the airline world has become just another sh1t box Holden. It could have been so different with competent management that knew what they had.

The fact that it recently took a Middle Eastern carrier, who knows how to look after a premium passenger, to point out to QF management that it is unacceptable to con your premium passengers into buying a QANTAS ticket, on the QANTAS website, only to force them onto Jetstar, shows just how pitifully inept QANTAS management are.

These pricks know the cost of everything and the value if nothing.

[Sunfish]

Ben is right on the button. Qantas is damaged goods.

It needs a new Board and a competent CEO.

[Arnold E]

The Australian car industry, on the other hand, has a reputation for producing heaps of sh1t that only a bogan would aspire to.

I fear that you are the bogan to which you refer. tell me please, do you actually understand what quality is? and please explain EXACTLY, what is the quality difference between, for instance, the German manufactured 5 series BMW and the Australian manufactured Holden Statesman? The first thing you would have to do is actually find a German manufactured 5 series.( they do exist, by the way)

If you want to talk about BS quality lets have a look at the aviation industry. Do you think that all the new Cessna's delivered are top quality? Lets go further, how many NEW Boings are delivered with NO snags, and please dont tell me none.

[Squawk-7600]

The manufacture of vehicles and the operation of vehicles are two very different types of business.

If you want to talk about the car industry, let's talk about the successes of Australian automobile manufacturers vs their German counterparts...

When you've finished with the eye rolling you may realise that the business environment, to quote YOUR very own expression, is precisely the same. Indeed even with the extraordinary subsidies offered to Australian (read US) car manufacturers they still can't make a go of it! Why? Well as eluded to above they produce a crap product that is not especially cheap ie it doesn't represent value in the eyes of the consumer (bogans excepted). Now, where have we heard that before?

TheHeadMaster, spot on, and well picked up. It's why it's often used as an example. I happened to pick the auto industry as it's normally well known to all, however I could have chosen myriad industries, especially those operating within the "Mittelstand" model. They recognise the various stakeholders within the business environment, and in particular an adversarial approach between employer/employees simply doesn't exist and is completely counter-productive. The success of numerous extremely high cost of operating countries simply highlights that the Australian business environment is no reason for lack of international business success. Yes including the airlines *Lancer*. It simply serves as a convenient excuse by lazy management so out of touch with the real world that they can't be screwed using their imagination. Too busy making their KPIs to ensure their bonuses I'd suggest

PS Arnold it has nothing to do with what the actual quality is, the point is what is perceived by the customer paying the money. Ask any (non-bogan) which is a "better" car, a Statesman or a 5 Series BMW. Good luck with your Statesman

[IsDon]

Originally Posted by Arnold E

I fear that you are the bogan to which you refer. tell me please, do you actually understand what quality is?

Spoken like a true bogan. I'll bet you drive a bombadore and religiously take the pilgramage to Bathurst every year to watch the taxi racing.

Take your head out of the sand.

[Arnold E]

I'll bet you drive a bombadore and religiously take the pilgramage to Bathurst every year to watch the taxi racing.

Nope, but did work in the auto industry for 25 years before getting into the aviation industry as an employee. Was in the aviation industry for many years as a ppl and cpl before "officially" moving over to the engineering section of the av, industry as an engineer. I think I have some idea what I am taking about, What about you??
Would you care to answer my questions rather than just abuse me??