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MERGED: Alan's still not happy......

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MERGED: Alan's still not happy......

Old 14th May 2014, 09:34
  #4141 (permalink)  
 
Join Date: Aug 2011
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DA not sure you are correct because even in a failure employee entitlements rank just after liquidators expenses. Provided redundancy provisions are in EBA it should be fine because the Rat is asset rich and all debts will be right down the list beyond liens on aircraft.

You can also bet that AJ and his entourage will be paid, he will make sure of that.
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Old 14th May 2014, 09:47
  #4142 (permalink)  
 
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liv

Any manager or accountant worth their salt would hopefully be able to differentiate between what is a 'box ticking exercise' and what is the true value of QF's assets
managers and bean counters differentiate exactly how they are told and paid to do.
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Old 14th May 2014, 09:51
  #4143 (permalink)  
 
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QF Safety History

Livs Hairdresser
Qantas used to have one of the best 747 heavy maint facilities in the world, but now its long gone !
The same for 737 heavy maint at Tulla, and the Engine Overhaul Centre in SYD.
History confirms that QF management put dollars before safety.
Good Luck guys !
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Old 14th May 2014, 10:01
  #4144 (permalink)  
 
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Don't forget the CF6 overhaul facility they had in partnership with Lufthansa Technik which was shut down two years ago. What a joke that auction was...the most I saw things fetch was 10% of replacement cost. And much of it was indeed replaced for use in other bases.
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Old 14th May 2014, 10:17
  #4145 (permalink)  
 
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As ALAEA Fed Sec said. It just takes one good CEO to change everything. Nobody is perfect yet Rob Fyfe would be light years ahead of the incumbent.
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Old 14th May 2014, 10:18
  #4146 (permalink)  
short flights long nights
 
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And I assume Alan is still not talking? Hell of a way to manage a crisis.
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Old 14th May 2014, 10:23
  #4147 (permalink)  
 
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Hope you're right Ohallen. Cheers.
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Old 14th May 2014, 10:56
  #4148 (permalink)  
 
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QF22,
Singing from the same hymn sheet.

w9
Sorry, lost track of what we were discussing. Was it
dont agree however that pilots are an asset on a spreadsheet. they are a dime a dozen.
which would not be correct in any sane airline

or
managers and bean counters differentiate exactly how they are told and paid to do.
It's like telling FOs they aren't allowed to call 'not stable'.
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Old 14th May 2014, 11:07
  #4149 (permalink)  
 
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Unfortunately for QF guys and gals, AJ & Clifford have some kindred spirits now in Canberra......
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Old 14th May 2014, 12:04
  #4150 (permalink)  
 
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DA been through it personally and whilst liquidators argued at every step of the way, eventually they gave up and just paid. Some of the contracts involved were very large and into the millions (not mine) but they were paid under court order. There was an argument as to reasonableness or excessive, but at the end of the day the contract prevailed in every case.

Would have thought pilots would have no difficulty arguing long periods as reasonable but get good advice.


Good luck to everyone.
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Old 14th May 2014, 12:07
  #4151 (permalink)  
 
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Every time I open PPRuNe I wonder if this thread will wither but Alan is like an intermittent spark plug, a plug geared for bad news and he sparks it just often enough to keep this thread open. Story of his tenure really...
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Old 14th May 2014, 12:58
  #4152 (permalink)  
 
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There's ya problem, the plugs in the QF engine fouled long ago and need changing.

Pity those [email protected] plugs refuse to come out.
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Old 14th May 2014, 16:50
  #4153 (permalink)  
 
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There's ya problem, the plugs in the QF engine fouled long ago and need changing.

Pity those [email protected] plugs refuse to come out.

Just change the head
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Old 14th May 2014, 20:55
  #4154 (permalink)  
 
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This whole pilot redundancy thing is accelerating so quickly out of the station, from rumour late last week to 'hmm, haven't heard about that but if we do we'll let you know', to "consultation", to offer that you'd have to assume that 'someone' [Human Resources?] has suddenly decided to get it wrapped up by June 30 to take the charge in this financial year.
Get your ducks in a row because this looks like an express ride out to me.
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Old 14th May 2014, 22:44
  #4155 (permalink)  
 
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CG,

It's a great theory .. and perhaps even true .. but ..

They can't wrap it up by June 30 .. they have to give 3 months notice so even saying that their asking for expressions of interest is "the notice" ... Mid August is the earliest ...

The other point is that if they were to do that, then they would be left .. er.. short, very very short on both types ..

I'd say there will be several "blocks" of VR as they reduce the numbers of aircraft.

N

(and another point for those considering VR .. the tax situation is HUGELY different Jun 30 v Jul 1)
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Old 15th May 2014, 11:47
  #4156 (permalink)  
 
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ooohhh the desperation of the little fella.

Various departments asked to cut their workforce by 30%

Doesn't matter whether those support roles are critical to the operation or not.

30% have to go.

and the insulting part.............

Some where told of their CR, only to be asked to stay on a few weeks to complete some project work.

No wonder the work force is demoralised.
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Old 16th May 2014, 04:22
  #4157 (permalink)  
 
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The public battle for Jetstar HK continues.

Recent article here, authored by the JHK CEO, from the South China Morning Post

Hong Kong needs its own home-based budget airline | South China Morning Post
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Old 16th May 2014, 04:46
  #4158 (permalink)  
 
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Ohallen,

Are you saying that if the company goes into liquidation they will give everyone CR?

I know changes were made since Ansett to ensure employees are paid their entitlements but I thought this would just be your unused leave etc.
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Old 16th May 2014, 04:57
  #4159 (permalink)  
 
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The public battle for Jetstar HK continues.

Recent article here, authored by the JHK CEO, from the South China Morning Post

Hong Kong needs its own home-based budget airline | South China Morning Post
Even if what the article says is correct, and given it is written by the Jetstar HK CEO who maybe be out of a job soon it is hardly an unbiased account, no where in the article does he address the fundamental issue delaying Jetstar Hong Kong and that is management control. All of the delays relate to the structure where Jayne H (and by extension AJ) control the business decisions from Melbourne (and Sydney). Yes, there is an argument about slots but unless Jetstar can overcome the ownership issues, they are doomed and the losses currently being endured will continue.
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Old 16th May 2014, 05:17
  #4160 (permalink)  
 
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CoolB1Banana,

Yes, employees are entitled to their CR payments if the company goes into liquidation. If their is no money left when it gets to paying out employee entitlements then there are government schemes that give limited coverage of entitlements such as GEERS and FEG.

Employee entitlements
In most cases, the liquidation of a company terminates the employment of employees.
Employees have the right, if there are funds left over after payment of the fees and expenses of the liquidator, to be paid their outstanding entitlements in priority to other unsecured creditors. Priority employee entitlements are grouped into classes and paid in the following order:
1. outstanding wages and superannuation
2. outstanding leave of absence (including annual leave and sick leave, where applicable, and long service leave), and
3. retrenchment pay.
Each class is paid in full before the next class is paid. If there are insufficient funds to pay a class in full, the available funds are paid on a pro rata basis (and the next class or classes will be paid nothing).
The priority claims of directors and their spouses or relatives for the period they are a director, spouse or relative of a director are limited to a maximum of $2000 for outstanding wages and superannuation, and $1500 for outstanding leave entitlements. Directors and their spouses or relatives are not entitled to any priority retrenchment pay for the period they are a director, spouse or relative of a director.
Employees may also be entitled to make a claim against the General Employee Entitlements and Redundancy Scheme—that is, GEERS (see below).
If the liquidator continues to trade the business for a short period to help in the winding up, employee entitlements accruing during this period (on terms agreed with the liquidator) are paid out of available assets as a cost of the winding up and before other outstanding employee entitlements
http://www.asic.gov.au/asic/pdflib.nsf/LookupByFileName/Liquidation_guide_for_employees.pdf/$file/Liquidation_guide_for_employees.pdf
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