MERGED: Alan's still not happy......
if the 767 is retired earlier, would it be possible for QF to convert 787 orders to 737's to pick up the slack? I know the current 737's are not being utilised anywhere near their optimum amount but to keep the flexibility, maybe more planes required..
short flights long nights
What strikes me as strange is that all through this Joyce has blamed everything except himself. Good luck to everyone for tomorrow.
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Dunno about that ALAEA Fed Sec., perhaps if it is, his brief was to announce 250 mill loss? An extra 50 for good measure? It's all IR Ammo for TA & LC !!! They'd be loving this!
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Joyce has blamed everything except himself
He's parlayed that $300m loss into a taxpayer and Moody's investment++ guarantee of his bonus, salary, company strategy and leasing payments to his masters.
Why wouldnt you be proud as punch?
He's pulled the ultimate rabbit out of a hat!
Deep down he must know he is totally incompetent but by any measure on that scale he has succeeded.
Let the good times roll - at AAA investment grade government bond rates! How many extra of Dixons lease contracts is that worth????
Incalculable success!
I need to throw up... The govt should insist the whole lot go, but there is a full cupboard of like minded incompetents willing to step up to the $3m++++ pa plate.
Govt interest rates on borrowing. He's borrowing money at 8- 9ish (maybe ++ esp in recent times). I would guess lots. He's just got it at 2.4-2.8%.
Understand the happiness?
Why wouldnt you be proud as punch?
He's pulled the ultimate rabbit out of a hat!
Deep down he must know he is totally incompetent but by any measure on that scale he has succeeded.
Let the good times roll - at AAA investment grade government bond rates! How many extra of Dixons lease contracts is that worth????
Incalculable success!
I need to throw up... The govt should insist the whole lot go, but there is a full cupboard of like minded incompetents willing to step up to the $3m++++ pa plate.
Govt interest rates on borrowing. He's borrowing money at 8- 9ish (maybe ++ esp in recent times). I would guess lots. He's just got it at 2.4-2.8%.
Understand the happiness?
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With our Aviation industry survey last year, only 1% of Engineers and Pilots working at Qantas had any trust in senior management. If we were to run the survey today, I think 1% would be a little high.
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For someone with a few friends who are long-term long haul FA's with QF (+25yrs) I'm dreading the outcome of tomorrow. I truly hope the reality is not as severe as the scenarios we have seen unfolding over the past few days as the rumors have intensified.
Does anyone have a link for the live conference stream tomorrow morning?
Does anyone have a link for the live conference stream tomorrow morning?
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Apparently one hundred extra security have been employed for tomorrow's announcement.
No maintenance work scheduled and engineering management in lockdown.
The townhall should be interesting
No maintenance work scheduled and engineering management in lockdown.
The townhall should be interesting
short flights long nights
It sounds like it's starting to get very nasty.
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Here we go, one stories dated 27th from Fairfax & ABC online
Qantas results: Federal Government plays down debt guarantee chance ahead of announcement on losses - ABC News (Australian Broadcasting Corporation)
[quote]
.
Qantas chief Alan Joyce faces one of the biggest tests of his career on Thursday
[quote]
.
Last edited by TIMA9X; 26th Feb 2014 at 15:05.
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Well I hope that the journo's get it right! So far....
Fifteen Qantas Boeing 747 planes will be retired early, with the last to take off early next year, and 13,767 aircraft will be taken out of service this year, ahead of schedule.
Fifteen Qantas Boeing 747 planes will be retired early, with the last to take off early next year, and 13,767 aircraft will be taken out of service this year, ahead of schedule.
short flights long nights
ABC on line is just reporting that Tony Abbott says there will be no debt guarantee for Qantas. It seems the goal posts are shifting by the minute.
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It's a toe in the water story sops
"
"A backflip double delay dive tactic" known as the hot potato (too hot to twist) from the The Federal Government, right on cue... code for, they don't know which way to turn..
The Government has been waiting to see Qantas's half-yearly figures before it makes any decisions about how it might help the struggling airline.
"A backflip double delay dive tactic" known as the hot potato (too hot to twist) from the The Federal Government, right on cue... code for, they don't know which way to turn..
Last edited by TIMA9X; 26th Feb 2014 at 22:53.
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Nah, on closer read nothing new to this ABC rubbish. Just shallow speculation with a dodgy headline. Eliza Borrello please quote some fact in your copy and not just vague pap in the middle of the night.
Last edited by Iron Bar; 26th Feb 2014 at 17:18.