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Qantas' - senior executives face scrutiny

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Qantas' - senior executives face scrutiny

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Old 12th Jul 2013, 12:44
  #41 (permalink)  
 
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V-Jet, my source tells me there are some potential changes within ground handling in various locations.

AERODMEDIC, indeed, the world waits with baited breath for the 'we are going broke due to fuel costs we cannot control' folly, or something of that nature. One way they could save fuel is by not uplifting Cosgrove or the other Board minions who are about as useful as herpes.
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Old 13th Jul 2013, 09:58
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Thks 004. Despite saying I had no axe to grind, I may have misled you. I appreciate knowing that at least management has decided to remove people who actually do the work from the workforce. Thank god they have seen the light and are not thinking about removing a single manager, or god forbid, a CEO, board member etc etc...
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Old 13th Jul 2013, 13:22
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QLink ground handling in BNE has just been changed over to a mix of Carbridge for ground transport and Aerocare for baggage, cleaning and turn arounds.

Possible sign of thingsmto come?
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Old 15th Jul 2013, 08:24
  #44 (permalink)  
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I guess it's like one big happy family after reading this, it seems everyone knows each other or has met along the way.

Hrdlicka's first client at Bain in Australia in the late '90s was a thirty-something Alan Joyce, then in charge of Ansett's route network.
After the consultancy gig for Ansett ended, the pair stayed in touch and, more than a decade later, Joyce, who by this time was Qantas chief executive, offered her a job in 2010 as head of strategy and information technology.
Hrdlicka's predecessor at Jetstar, Bruce Buchanan, had a five-year stint at BCG, during which he led the team that prepared the business case for Jetstar. Joyce and former chief executive Geoff Dixon asked him to stay on at Jetstar for six months, and it turned into an eight-year stint at the budget airline.
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Old 15th Jul 2013, 10:23
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Ah.......an exclusive little club

For management selection,they'll always use someone with whom they feel comfortable and a "blast from the past" because the interview has already been done. The friendships made, the right things said, the right attitude formed, the nod, the wink and held the right positions with friendly companies.

All very nice, except for one thing....competency.
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Old 16th Jul 2013, 01:45
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You've all heard of the Peter principle........
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Old 16th Jul 2013, 01:54
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Originally Posted by TIMA9X
I guess it's like one big happy family after reading this, it seems everyone knows each other or has met along the way.
As they say, its not what you know....
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Old 1st Aug 2013, 00:27
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One of the rumours doing the rounds is that the consultants were brought in to investigate the costs of shutting down QF International entirely. 500 million was the rumoured figure. If it happens, that is highly unlikely to be announced until after the federal election as it would be politically explosive.
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Old 1st Aug 2013, 00:49
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Interesting that Hrdlicka kept her Ansett association very quiet when she started with Jetstar and started to introduce herself! Her main claim to fame as she put it was she was brought to Oz to run a trading card business! It was suggested that her association with QF came through James Strong as she was consulting for Woolworths. Why the secrecy?
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Old 1st Aug 2013, 00:50
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But our dear leaders are all doing such a wonderful job and constantly patting themselves on the back for it.... That just wouldn't add up at all.

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Old 1st Aug 2013, 01:14
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Rumour around Mascot is that one of the many CEOs at Qf went to the board to allegedly express his unhappiness with the AOC splitting process and as a result the consultants were called in. Splitting the AOCs probably removes a big red-tape regulatory barrier to shutting down or selling-off in whole or part one of the divisions - or alternatively using it to force the govt's hand and amend the Sale Act.

Last edited by Tuner 2; 1st Aug 2013 at 01:51.
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Old 1st Aug 2013, 01:14
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One of the rumours doing the rounds is that the consultants were brought in to investigate the costs of shutting down QF International entirely. 500 million was the rumoured figure. If it happens, that is highly unlikely to be announced until after the federal election as it would be politically explosive.
.
I hope that rumour isn't true but what are qantas management thinking they are going to achieve by doing that? Are they intending on starting a new international airline from scratch by re-employing all the current qf staff, but on lower contracts or lower paid eba's?
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Old 1st Aug 2013, 01:25
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Tuner 2's post would help explain why Simon Hickey has been on gardening leave for a couple of months. Pull-up, it doesn't really matter what they plan to do. If QF international is losing as much dough as management suggests, they just want to be rid of the albatross around their neck.

International is basically an irrelevancy anyway. Any lift that domestic gets from passengers feeding into it can probably be achieved from EK and other code shares. QF international has been heading down the path of being a virtual airline for years.

Last edited by DirectAnywhere; 1st Aug 2013 at 01:29.
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Old 1st Aug 2013, 02:39
  #54 (permalink)  
 
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Who knows, you may be working for your old CEO again.
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Old 1st Aug 2013, 03:34
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One of the rumours doing the rounds is that the consultants were brought in to investigate the costs of shutting down QF International entirely. 500 million was the rumoured figure.
If, and I stress if this rumour is correct, then it is just the official acknowledgment of a strategy that has been in train for at least a decade. The EK deal was the biggest hurdle - the ACCC blessing was the key pivotal decision. Domestic is now hooked up to a true international partner. The current management never had any intention of attempting to compete beyond domestic and near regional.
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Old 1st Aug 2013, 04:14
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Swiss Air ?
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Old 1st Aug 2013, 05:04
  #57 (permalink)  
 
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If it happens, that is highly unlikely to be announced until after the federal election as it would be politically explosive.
Since when does Alan Joyce give a toss about causing political ructions? An announcement like that with a pending election would surely compel the politicians of both sides to act to 'save' Qantas.
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Old 1st Aug 2013, 05:52
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Which is precisely why nothing would be announced until after an election. Management doesn't want it saved...they want it gone. That gives the pollies and the electorate three years to forget about the whole thing.

It's kinda like Team America - destroy Paris to save it. I really hope I'm wrong on this one and you can all come back in 12 months and tell me so. My gut tells me something different though.

Last edited by DirectAnywhere; 1st Aug 2013 at 05:58.
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Old 1st Aug 2013, 05:53
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Bill Meaney(formerly of Swiss) now non-executive director on the Qantas board. Closely associated with Bonderman(TPG), Clearly there is no intent of growing Qantas International and when the axe falls it will be an embarrassment for Australia. The irony of this is that the money used for this internal destruction is the worker's money of Australia. How dumb are we? American consultants have a great track record, Global Financial Crisis, my case in point...
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Old 1st Aug 2013, 07:20
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Hope its not true

If people get a whiff of this, watch the rush to the 737!!

Personally, I don't see the 330/380 operation disappearing anytime soon.
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