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

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

Old 23rd Aug 2014, 05:34
  #4861 (permalink)  
 
Join Date: Dec 2013
Location: Weltschmerz-By-The-Sea, Queensland, Australia
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Possibilities in order of likelihood :

1. Either Japan goes to Jetstar or the 330. There has been no mention of either.

2. South Africa goes away forever.

3. One or two fewer 747s are scrapped
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Old 23rd Aug 2014, 05:36
  #4862 (permalink)  
 
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Sunfish's latest post...

...is a masterpiece of brevity and accuracy.

May I copy it to use as a reply every time I detect a Qantas angel spreading their toxic spew on any forum?
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Old 23rd Aug 2014, 12:53
  #4863 (permalink)  
 
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QANTAS has hit back at Jetstar speculation

Note how all this speculation is leaking out everywhere but NSW so far...
Even Hickey has emerged (back from the dead?) to come up with a couple of classic lines..

Qantas International CEO Simon Hickey said the airline was the lead carrier for Australians travelling across the Pacific.
No Cookies | Perth Now
Selective statement, and this gem below

“Aircraft are one of our biggest fixed costs so we continue to look for opportunities across our network to generate revenue and increase services for our customers.”
Way to go Simon, hard to run an airline without them... genius, that's why he's the CEO... or should I say one of them...
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Old 23rd Aug 2014, 21:02
  #4864 (permalink)  
 
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Smoke and mirrors

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Old 24th Aug 2014, 13:03
  #4865 (permalink)  
 
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Extra Americas

I believe the schedule change has essentially freed up an extra 744 airframe to allow for the 4x additional American services. The aircraft have less ground time in both SYD and LAX. I understand the Joburg flight turns straight around and goes to LA now, for example.

At present 2x 744s are required to operate SYD-NRT due to both flights being night operations. I believe the service can be operated with one 744 if the schedule moves to a day flight up, and night flight back op as per the rest of the Asian services and as per JAL's flights.

The above accounts for two 744 airframes, one for increased services and another for retirement.

Someone else may be able to chime in with better gin...
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Old 24th Aug 2014, 23:50
  #4866 (permalink)  
 
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The four extra services a week to the Americas accounts for about 5400 hours per year which is just over one airframe. Personally I don't see one of the Narita services going to daylight as the business people prefer the night sector. The big problem with increased utilisation of the 380 and 747 to 14/14.5 hours a day is two fold. Firstly the 747 has provided the backup to the 380 when it breaks down secondly to get this sort of daily utilisation reliably you need massive engineering and spare parts support. Qantas has neither. I predict that this will end in tears for Qantas with delays everywhere that will flow thru for days, unless they decide to keep an additional 747 or two.
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Old 24th Aug 2014, 23:58
  #4867 (permalink)  
Keg

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Lightbulb

Dragon man is on the money re aircraft utilisation. With the schedules so tight there is little space for schedule recovery. With the (old) 744s flying linger hours they're going to need extra TLC which I hope Qantas has the capacity to provide though I suspect they don't.
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Old 25th Aug 2014, 09:17
  #4868 (permalink)  
 
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"Way to go Simon, hard to run an airline without them... genius, that's why he's the CEO... or should I say one of them..."

Hickey makes Joyce look good.........surely that is the only reason he has that gig.
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Old 26th Aug 2014, 02:42
  #4869 (permalink)  
 
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3 more JQ Hong Kong aircraft sold

I wonder at what discount ?
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Old 26th Aug 2014, 03:08
  #4870 (permalink)  
 
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At a cost of between $100,000 and $400,000 a month (depending on whose figures you use) it would be a big discount. They will probably use the missus' style of accounting, claiming they are now saving $400,000 a month per aircraft. At this rate jetstar will be roaring back into profit.
I think we also need to review the name of this thread. It should be called 'Allan's still not exposing himself.... ' or something like that. Talk about disappearing for months on end. Is he still CEO?
P.s. How many idle planes in japan?

Last edited by indamiddle; 26th Aug 2014 at 03:16. Reason: Clarity?
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Old 26th Aug 2014, 03:34
  #4871 (permalink)  
 
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P.s. How many idle planes in japan?
Why look that far?

Flew into Brissy the other morning, on my right, on remote bays, I counted 5 J A320s.

Left that night four still there and several around the operating gates.
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Old 26th Aug 2014, 09:04
  #4872 (permalink)  
 
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There has been a lot written in this thread but in the end it comes down to two simple facts

1. The shareholders are obviously satisfied with the Chairperson and the Board.

2. The Chairperson and the Board are obviously satisfied with the CEO and his management group.

While we like to think Qantas is iconic, the general public clearly don't agree. So forget the thought of help from this sector to save the company. I won't waste time on the political option.

Qantas is in a terminal decline. Get what you can, because if you wait to the end, it might be 10 cents in the dollar!

If you own shares in QF and disagree with the majority shareholder position, do as I did; sell you shares.

If you work for Qantas and disagree with the Chairman and the Board's position, do as I did; move on.

Life outside QF is very good and believe it or not, pilots who do not work for Qantas can actually fly so don't be scared of having to fly with turkeys. The only turkeys around are the investor shareholders.

Finally, don't think you have to stop whinging if you follow my lead. Whinging is a pilot's god given right.

Think of numero uno. That is what the Chairman and AJ do.
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Old 26th Aug 2014, 09:33
  #4873 (permalink)  
 
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Qantas needs to cut 2000 more jobs to turn its fortunes around, analyst claims - Herald Sun
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Old 26th Aug 2014, 10:47
  #4874 (permalink)  
 
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It's funny there is another thread about tiger losing $2 mil a week, and here we have Qantas losing more than $2 million a DAY....
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Old 26th Aug 2014, 10:54
  #4875 (permalink)  
 
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So what was the end result with this aircraft? Quite a financial burden.

https://au.news.yahoo.com/thewest/a/...d-damage-bill/
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Old 26th Aug 2014, 11:19
  #4876 (permalink)  
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Lightbulb

It's funny there is another thread about tiger losing $2 mil a week, and here we have Qantas losing more than $2 million a DAY....
I think you'll find that the QF loss is enhanced by very significant write downs of aircraft. Ie losses that have actually occurred in previous years but will now be lumped into this year because as one exco said a while back, if you're going to have a big loss, you may as well make full,use of it and make it really big so that you can move forward.
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Old 26th Aug 2014, 11:52
  #4877 (permalink)  
 
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...or make it so big that you can ONLY move forward!
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Old 26th Aug 2014, 12:13
  #4878 (permalink)  
 
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Keg

Fair enough, that may be after write downs etc,

However lets hope Thursdays announcement shows only a 200 or 300 million dollar loss before write downs.

They did have a few big years which was nice but I would be interested in how many write downs where included in those years.

After Thursday we can put the last say five years together and see if the company broke even over the five year block.

As an investor that's what I would be looking at.
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Old 26th Aug 2014, 12:16
  #4879 (permalink)  
 
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Don't forget that approximately 35% of the headline number will be one-off redunancy payments which they have ramrodded through to show in this year's results.

The article linked above cites an unamed analyist calling for Qantas to shed most of its international routes, but fails to explore that idea further. The viability of Qantas without a significant international route structure is much less than certain.

As has amply been listed before, the magnitude of the international losses can (and then some) be shown to be the result of management intransigence regarding its fleet choices and its pathalogical fascination with all things non-Qantas (the various Jetstars, Cohbram, Lockouts, Qantas angels (FFS), QSA, The Urgent need for 3 Billion/ "No need for cash here folks" a week later spectacle// lounges ¡si! Aeroplanes ¡no!// Etc...

Last edited by Australopithecus; 27th Aug 2014 at 00:42.
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Old 26th Aug 2014, 13:24
  #4880 (permalink)  
 
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the result of management intransigence regarding its fleet choices
I'll never forget when AJ was questioned by CH9's Ross Greenwood (orchestrated interview) about fleet choice. AJ replied 'It's easy to criticise in hindsight'.

Yeh, you little t##d, you're paid for that hindsight - it's called strategy, long term planning.
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