MERGED: Alan's still not happy......
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You can guarandamntee that whichever airline puts it's prices up by $5 the other will follow with a $4.50 increase within the hour. It's just that neither one wants to be the first...
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Reading comments in Crickey, it appears that Tony Abbott has no idea what AJ is on about or what he wants.
Could it be though that the government already buying up shares but are being vague so as to not trigger a price spike? Isn't it only about the 5% mark when a substantial shareholder has to be disclosed to the market?
Maybe the wheels are already in motion. Although Al still would have no idea that Rome is burning and we would still have no idea what he wants.
At the end of the day,despite our opinions on little Al, it comes down to this in a nutshell. Quote taken from the FinReview yesterday.
Qantas has served Australia valiantly over the years and foreign ownership is not the order of the day for our national airline. No government could condone foreign companies plunging unlimited funds into supporting a failing business model (Virgin) at the expense of a national carrier.
Last edited by Stalins ugly Brother; 3rd Dec 2013 at 13:12.
Emirates will buy-out QANTAS
(AJ and the board will concentrate on Jet*)
QANTAS will fail to provide sufficient profits and will be dissolved by Maktoum within the first year or so, and be replaced internationally by his own fleet.
Jet* will run domestic routes in a few countries
......and eventually fail everywhere ( tho, that wasn't part of BGA's plan, as the accountants made it look so good he actually believed the hype...... Dumbass)
Happens kinda like this about every 10 years here..... Odd, that
(AJ and the board will concentrate on Jet*)
QANTAS will fail to provide sufficient profits and will be dissolved by Maktoum within the first year or so, and be replaced internationally by his own fleet.
Jet* will run domestic routes in a few countries
......and eventually fail everywhere ( tho, that wasn't part of BGA's plan, as the accountants made it look so good he actually believed the hype...... Dumbass)
Happens kinda like this about every 10 years here..... Odd, that
Stalin, would you have a link (or date and page) to that quote?
Not a penny from the three owners has been given to Virgin to conduct the business transformation. The money has come from the piggy bank.
At this stage, it looks like the investment is working quite well as Alan Joyce has gone from "they aren't even a competitor" to "we will dump 2 for 1" (regardless of cost/ACCC investigating) to "we need government help immediately or we won't make it".
Indeed, it seems that not even a relaxation of the Qantas sale Act to completely level the field would fix the situation. I don't know about you but to me that rings alarm bells.
You're better off completely forgetting ideas of the government buying a share of Qantas. Its way too public, more than likely it will be a continuation of the dodgy little deals in the background that no one knows about. You know, like the comfort letters and sinking Ansett etc. Gee I wonder what else there is that we don't know about.
Very simple solution:
1. Let go of the market share and run the business like everyone else in the world does. (It's an ego thing I think).
2. Put up airfares.
And the core of the problem is this:
1. The monopoly on business class is over.
2. JB knows QF better than anyone else.
3. Out of the two CEO's which one would you pick?
Just keep going with the line in the sand I say!
P.s. If I was Emirates I wouldn't buy QF thats for sure. Why? Well they sort of have everything they need from QF without the overheads and headaches.
Not a penny from the three owners has been given to Virgin to conduct the business transformation. The money has come from the piggy bank.
At this stage, it looks like the investment is working quite well as Alan Joyce has gone from "they aren't even a competitor" to "we will dump 2 for 1" (regardless of cost/ACCC investigating) to "we need government help immediately or we won't make it".
Indeed, it seems that not even a relaxation of the Qantas sale Act to completely level the field would fix the situation. I don't know about you but to me that rings alarm bells.
You're better off completely forgetting ideas of the government buying a share of Qantas. Its way too public, more than likely it will be a continuation of the dodgy little deals in the background that no one knows about. You know, like the comfort letters and sinking Ansett etc. Gee I wonder what else there is that we don't know about.
Very simple solution:
1. Let go of the market share and run the business like everyone else in the world does. (It's an ego thing I think).
2. Put up airfares.
And the core of the problem is this:
1. The monopoly on business class is over.
2. JB knows QF better than anyone else.
3. Out of the two CEO's which one would you pick?
Just keep going with the line in the sand I say!
P.s. If I was Emirates I wouldn't buy QF thats for sure. Why? Well they sort of have everything they need from QF without the overheads and headaches.
Last edited by Berealgetreal; 3rd Dec 2013 at 15:07.
Qantas is so strapped for cash that although last year new Xmas decorations were purchased for the lounges they will not pay contractors to come in and put them up. I also believe that three of the Jetstar Hongkong A320s will be coming to Australia put on the registrar here and then placed in storage. No prizes for guessing who will foot the bill.
2. JB knows QF better than anyone else.
3. Out of the two CEO's which one would you pick?
3. Out of the two CEO's which one would you pick?
Interesting question because when AJ goes, so should the board. So a new board would be responsible for the new appointment of?
1. Bruce Buchanan,
2. Jayne Hrdlicka,
3. Lyall Strambi
4. Simon Hickey
5. Rob Fyfe,
6. Brett Godfrey
Only 1 person there that I'd nominate and he did turn Air NZ around.
You forgot Gordon Bethune.
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Berealgetreal:-
1. American airlines have Chapter 11 protection, other airlines have different forms of government support e.g. lower fuel prices or lower or no taxes.
It just ain't a level playing field.
2. As the flying public vote with their pockets raising fares will only drive customers to other cheaper subsidised airlines.
IMHO
Cheers.
Very simple solution:
1. Let go of the market share and run the business
like everyone else in the world does. (It's an ego thing I think).
2. Put up
airfares.
1. Let go of the market share and run the business
like everyone else in the world does. (It's an ego thing I think).
2. Put up
airfares.
It just ain't a level playing field.
2. As the flying public vote with their pockets raising fares will only drive customers to other cheaper subsidised airlines.
IMHO
Cheers.
I would like to vote for the carbon rod as well.
Something that shouldn't be forgotten:- When FWA terminated industrial action after the grounding of a couple of years ago, Joyce and Wirth did a lot of trumpeting about how this was an endorsement of 'management's right to manage'. So if they've had a couple of years where their 'right to manage' has been unchallenged (and during which we've had constant self-congratulatory statements from them about how 'our strategy is working', etc), then maybe it's time they stopped blaming everyone else and took a bit of responsibility for cocking it up.
Let's also not forget that less than ten years ago, Qantas was in a very strong position, with little domestic competition and having got through SARS, 9/11 etc in much better shape than plenty of other airlines out there. Sure it's had to cope with a few things in the meantime (though it's not as if QF was the only company to be affected by the GFC), but even so, they've managed to stuff this up in an amazingly short period of time.
Something that shouldn't be forgotten:- When FWA terminated industrial action after the grounding of a couple of years ago, Joyce and Wirth did a lot of trumpeting about how this was an endorsement of 'management's right to manage'. So if they've had a couple of years where their 'right to manage' has been unchallenged (and during which we've had constant self-congratulatory statements from them about how 'our strategy is working', etc), then maybe it's time they stopped blaming everyone else and took a bit of responsibility for cocking it up.
Let's also not forget that less than ten years ago, Qantas was in a very strong position, with little domestic competition and having got through SARS, 9/11 etc in much better shape than plenty of other airlines out there. Sure it's had to cope with a few things in the meantime (though it's not as if QF was the only company to be affected by the GFC), but even so, they've managed to stuff this up in an amazingly short period of time.
Qantas is so strapped for cash that although last year new Xmas decorations were purchased for the lounges they will not pay contractors to come in and put them up.
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Ok, this quote right here really worries me. At what point do they need
"Contractors" to come put up Christmas Decorations? Why aren't the staff they
already have able just to take a little time when it's quiet to tack up some
Decorations?! Isn't this a massive sign of stupidity and wastefulness when they
require Contractors to come do something like this?!
No wonder we are pricing ourselves out of the market. I mean it's OK to be safe in your employment but you don't need the "cotton wool effect".
All these rules cooked up just to keep the non productive employed?
Cheers.
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Xmas decorations around your house are one thing. I'm not a huge fan of step ladders, but I'll do it.... Xmas decorations around an airport terminal requires cherry pickers, scaffolding, fork lifts, electrical work, heavy lifting and time. Let the staff do their actual work. I'm positive the customers would appreciate it more.
