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

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

Old 11th Jul 2014, 05:27
  #4581 (permalink)  
 
Join Date: Apr 2014
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Meanwhile, in other news, Paul Howes is appointed as a director at KPMG.
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Old 11th Jul 2014, 06:17
  #4582 (permalink)  
 
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Yep, and guess who is doing the audit for Q again this year?

KPMG..

the family is growing...
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Old 14th Jul 2014, 02:59
  #4583 (permalink)  
 
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Rumours starting to circulate around the traps that EK are to take a significant stake or all of QF domestic. Announcement next week is the rumour. Keep an eye on the QF share price over the next couple of days as that may give a clue.
Watch for the soon departure of 1 senior executive who has been conspicuously quiet of late.

You will never guess where said person is rumoured to be heading? Reward for a deal that has been very one-sided?
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Old 14th Jul 2014, 05:37
  #4584 (permalink)  
 
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Quote "Watch for the soon departure of 1 senior executive who has been conspicuously quiet of late."

Given how many senior executives we still have, that is a large number to pick from.

Your clues have me stumped
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Old 14th Jul 2014, 05:49
  #4585 (permalink)  
 
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Someone off to EK?
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Old 14th Jul 2014, 06:05
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Watch for the soon departure of 1 senior executive who has been conspicuously quiet of late.

You will never guess where said person is rumoured to be heading? Reward for a deal that has been very one-sided?
OK, I'll bite.

I was hoping you would say Elaine is off to the sandpit. But that seems unlikely, all things considered. My guess is it's LS. or SH.
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Old 14th Jul 2014, 06:25
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There is no way EK would want Joyce. I'm sure he is their boardroom joke. Would love to see him cleaning the showers in first class though.
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Old 14th Jul 2014, 07:13
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There is no way EK would want Joyce. I'm sure he is their boardroom joke. Would love to see him cleaning the showers in first class though.
Castigating myself for getting personal when I usually dislike same in others, I'm not sure that would work - shower screens are very high for some people and I'm sure EK would like their showers cleaned ALL the way to the top. Make a GREAT toilet brush though...
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Old 14th Jul 2014, 08:04
  #4589 (permalink)  
 
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Devil

I'll bite.
I reckon it's hard licks off to the sand pit to learn how to run a big airline,so she can return to run a small one.
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Old 14th Jul 2014, 09:35
  #4590 (permalink)  
 
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It will be interesting to watch - the QF International and Domestic thing is but smoke and mirrors - there is only one QF, one AOC 216147, one ACN and one ASX listing, who do the Qantas staff work for? eg EBAs etc...that single ACN called Qantas Airways... What a crock
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Old 14th Jul 2014, 09:43
  #4591 (permalink)  
 
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I've heard the Insto's are canvassing who's available for the Chairmans gig.

I think we'll see change at the top of the tree first.
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Old 14th Jul 2014, 09:50
  #4592 (permalink)  
 
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Griffin One.

If executives bolt early.

They'll be the ones nervous about their tenure if there's a sweep of the board.

MC
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Old 15th Jul 2014, 01:26
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If the chair changes, the board won't clear the senior executive decks completely. They'll look for one or two token scapegoats. Those who don't make the statutory remuneration report (page 82 of the 2013 Annual Report) are unlikely to feel the immediate wrath of the directors.

However, further cost cutting might have a new focus on trimming middle management costs at the Ivory Towers and beyond. That might be a good move...
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Old 15th Jul 2014, 02:45
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I've heard the Insto's are canvassing who's available for the Chairmans gig.
And that most definitely has to be where the process must start. If the Chairman remains in position whilst those at executive level are massaged into new roles, nothing will change.
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Old 15th Jul 2014, 02:53
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They'll look for one or two token scapegoats
And some of those tokens probably won't get a gig in the markets when the reality sets in, the "big picture" for the direction of the company is not a pretty sight...

I think the next couple of weeks are going to be very interesting as the panic sets in...
..Qantas says half sale of Jetstar Asia report is speculation | Plane Talking
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Old 15th Jul 2014, 03:16
  #4596 (permalink)  
 
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I wouldn't get too excited about the sale of J* Asia or the rumours of the sale of QF Domestic or the FF program. The management have been tasked with evaluating and costing everything that QF owns and runs, the only way to do that is to actually canvas the market and have discussions with potential buyers and investment banks. What they hope for is an offer they can't refuse otherwise they just hold onto their assets until a time they get that offer too good to refuse. Hence the rumours.
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Old 15th Jul 2014, 04:56
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It would be standard business strategy for EK to assess QF management talent and knowledge of what makes things tick - then poach the valuable ones, leaving the rest to wither on the vine with the rest of QF.
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Old 15th Jul 2014, 05:13
  #4598 (permalink)  
 
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You think the walls don't have ears out in the Wolgan Valley? They've known all they've needed to know, all along.

"Will you walk into my parlour?", said the spider to the fly

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Old 15th Jul 2014, 07:16
  #4599 (permalink)  
 
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A Fable

I wouldn't get too excited about the sale of J* Asia or the rumours of the sale of QF Domestic or the FF program.


looks like you were right angryrat

No Qantas plan to exit Jetstar Asia despite approach



Qantas is understood to have no plans to sell its 49 per cent stake in Singapore-based budget arm Jetstar Asia to Indonesia’s Lion Air Group.
Reuters on Tuesday reported the pair were in talks about a sale. However Fairfax Media understands Lion Air made an unsolicited approach to Qantas about the possibility of a deal but there are no ongoing talks between the pair.
This is not the first time another airline has expressed interest in Jetstar Asia. In 2010, Air Asia and Jetstar held talks about deepening their relationship through a joint aircraft purchasing agreement.
Qantas is undertaking a structural review and has not ruled out the possibility of selling a portion of its frequent flyer business or Jetstar as part of that. An update on the review is expected alongside the release of the airline’s full-year results in August.
However, the sale of its 49 per cent stake in Jetstar Asia would leave it with no stake in the Singapore-based carrier, which it uses as a hub for Asian connections from Qantas and Jetstar flights from Australia to Singapore.
Qantas has taken on multiple partners in its Jetstar Japan and Jetstar Hong Kong businesses but maintains a stake in those along with branding rights.
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Old 15th Jul 2014, 07:19
  #4600 (permalink)  
 
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A Fable
No Qantas plan to exit Jetstar Asia despite approach


Quote:
Qantas is understood to have no plans to sell its 49 per cent stake in Singapore-based budget arm Jetstar Asia to Indonesia’s Lion Air Group.
Reuters on Tuesday reported the pair were in talks about a sale. However Fairfax Media understands Lion Air made an unsolicited approach to Qantas about the possibility of a deal but there are no ongoing talks between the pair.
This is not the first time another airline has expressed interest in Jetstar Asia. In 2010, Air Asia and Jetstar held talks about deepening their relationship through a joint aircraft purchasing agreement.
Qantas is undertaking a structural review and has not ruled out the possibility of selling a portion of its frequent flyer business or Jetstar as part of that. An update on the review is expected alongside the release of the airline’s full-year results in August.
However, the sale of its 49 per cent stake in Jetstar Asia would leave it with no stake in the Singapore-based carrier, which it uses as a hub for Asian connections from Qantas and Jetstar flights from Australia to Singapore.
Qantas has taken on multiple partners in its Jetstar Japan and Jetstar Hong Kong businesses but maintains a stake in those along with branding rights.
Read more: No Qantas plan to exit Jetstar Asia despite approach
Sounds like the price being offered isn't enough to maintain face?
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