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

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

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Old 8th Dec 2013, 01:30
  #661 (permalink)  
 
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Ollie Onion has hit the nail on the head. If this was a fair dinkum airline business AJ and LC would be out the door by now. Their continuing tenure can only confirm a bigger agenda and that the big end of town is right behind them. The recent election of the Abbott government has emboldened them to a frenzy now.
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Old 8th Dec 2013, 02:01
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It makes you wonder wtf do the big shareholders know that the general market doesn't?
Well said

and

huh if that's the case I think they call that insider trading…but hey let's not get too concerned it seems to be the way big business gets done these days..
Appears so, there is no other way to explain why they are accepting LC & AJs performance which would be deemed dismal if it was any other business, in Qs case five years of it now.

First time I have ever agreed with Bowen, or indeed the Labor Party, in my life. The present Govt. needs to be showing doing something
Better late than never, It's clear to me both parties in Canberra lack the talent to handle this situation, gutless, both sides should be calling for AJ LC & the boards heads before they proceed with any cash injection, I suspect many in Canberra know the real reason why the institutional shareholders are supporting AJ, it's as if they are all in on it... the press have turned on AJ, but really only lip service, they probably like the Jetstar advertising revenue stream, they too should be calling for AJs & LCs head, for those who missed it

Glad I Got You Babe - YouTube

PS, this week I did the QF 23 with the family 6 in tow to BKK on the 744 which replaced the A330 (yeah) the CCs were simply fantastic, we dipped our hats to them. When walking from the gate in BKK I looked back, the 744 looked great sitting at the gate that day, surreal really, it reminded me of the old QF1/2 5/6 glory days, what struck me was she wasn't the only 744 on the ramp, many airlines still use them, she didn't look out of place. The only thing out of place was knowing that LC & AJ is somehow still running the show.
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Old 8th Dec 2013, 02:41
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simsalabim

Adding further fuel to the multitude of conspiracy theories - what is the advantage of going so publicly to the Libs? They espouse free markets and of the two main parties, far less likely to stump up any cash. Surely Joyce would appreciate this?
Did he really expect a kinder reception from them than from Bowen? Is this all part of the plan- throw hands in the air- "I did my best everyone". Now there is no alternative but to take whatever rescue from wherever it comes.
Token comment from Bowen this morning signals that Labor wants to be on the record as saying help is a good idea, yet they weren't too keen when they were in Govt.
Who would want to be presiding over a government that sees the national carrier's demise? Yet who wants to be responsible for the heavy price needed to pay to save it?
Just ask Holden and Ford workers how that would make them feel. These guys were prepared to take a pay/conditions cut to save their company.
Interesting times
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Old 8th Dec 2013, 02:48
  #664 (permalink)  
 
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Bugger me, just saw a new Qantas advert on the TV!
I still think AJ and Clifford need to go and a few people with some understanding of aeroplanes on the board.
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Old 8th Dec 2013, 02:53
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Bowen is full of sh*t

No airline in Australia is too big to fail. If qantas fail someone has to step into the breach and take up the slack, as happened when Ansett went under. How many ex Ansett employees ended up out of the Australian aviation Industry? I would guess plenty, but nowhere near as many as those who took positions with Qantas and Virgin as they took up the slack. Not pretty. Hard on all those employees and families for sure, but at the end of the day it is the brutal reality.

If Q goes under will there be 30,000 people out of work? No feckin way. Many will immediately get sucked into Tiger and Virgin as they scramble to take up the slack. Then there will be the inevitable replacement airline that steps in to break Virgins monopoly.

Qantas is not too big to fail, in fact it is probably the best possible outcome for the business as it would create the opportunity for someone to pick up the carcass and have a crack without the legacy baggage that the airline currently carries.
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Old 8th Dec 2013, 04:59
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ALAEA Fed Sec. Great list of reasons to get rid of AJ & LC!

Is there any way you can get something like that published in the papers? The general public have no idea what's really going on behind the mostly Qantas controlled headlines.

Might help put the clown and co on the ropes a bit quicker, ' cause we're running out of time. These jokers have done most of the damage through their appalling aaaamazing management and they simply cannot fix Q's problems, because largely they are the problem!

Has the list been given to the Pollies in Canberra to show a different side of the story?

Keep up the good work!!!

VI
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Old 8th Dec 2013, 05:04
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If Qantas were let fail the minimum outcome would be Jetstar sold off as a profit making concern, Qlink sold off as its probably the most profitable outfit in the country at the moment, QF international bought by the taxpayer and QF domestic fed to the wolves. That's my prediction.
SN
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Old 8th Dec 2013, 05:08
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I will be in Canberra this week talking to the Politicians. If anyone can add to the short list I put together that would be great. I can print that out and pass it around.


Maybe something about the cost of all the recovery flights when a Jetstar flight goes down in Hnl if anyone knows anything about it.
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Old 8th Dec 2013, 05:16
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Variable Incidence

I would guess Xenophon & co aren't finished with Clifford & Joyce just yet.

In my opinion they probably new Joyce and co wouldn't resign after they called for them to step down.

Considering Joyce's response was Xenophon calls for his resignation once a week.

If I had to guess, Xenophon was being courteous last week. Giving AJ the opportunity to resign.

What will happen next week?

Will Xenophon produce some hard evidence that will leave Joyce & co with no other option but resign?

It'll certainly be an interesting week to come.

I just get the feeling Xenophon is not done with Joyce yet.

MC.
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Old 8th Dec 2013, 05:16
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I agree with you regarding AJ, but not when it comes to VA. They are also making huge losses and would be in worse trouble than QF if not for the big backers.
SN
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Old 8th Dec 2013, 05:23
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Fed Sec

QF flight ops management have clearly stated Qantas does not subsidise Jetstar...........

Oh.......BTW

If any pilot wants to transfer from Qantas to Jetstar Strambie agreed a long time ago that all training costs will be paid by Qantas. (Fact)

Furthermore some Pilots are on annual leave from Qantas whilst doing the endorsement training. So not only are the training costs covered. So to the wages bill.

MC
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Old 8th Dec 2013, 05:26
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Qantas are currently only 38% foreign owned (cap 49%). They could secure much more than $350m in foreign money now if they liked. Problem is, nobody wants to buy into the basket case airline.
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Old 8th Dec 2013, 05:40
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soup nazi

If Qf int. is bought by the government, then you can expect that salaries will be aligned to public service as it was when the gov. last owned them. How would everyone feel about that?
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Old 8th Dec 2013, 05:48
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11%

Currently 2,196,330,250 available for purchase. 11% is 241,596,327.5, at $1.03/share that's $248,844,217.325.

I'm sure a shade short of 250 mill won't go astray. As was said though, who wants to invest in it, foreign or otherwise?
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Old 8th Dec 2013, 05:58
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Spell check.

Better than the alternative! Way it's headed right now fatal impact is nigh.

Not everyone can or wants live live in the desert or a rice bowl. Living and working in Oz rather than waiting a lifetime to return and retire.. I guess there may be a price to pay for that. Dealers choice.

Last edited by Variable Incidence; 8th Dec 2013 at 06:31.
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Old 8th Dec 2013, 06:07
  #676 (permalink)  
 
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Problem is Mstr Caution, Xenaphon, not being part of a major party doesn't get taken too seriously. He's on the fringe.

We of course heavily identify with mostly everything he says, because it rings true and many of us work in the industry. But to the average punter that doesn't work in the industry, doesn't have family that does or a close friend that does it's just more back ground noise and pollies point scoring. Besides which AJ, LC and the highly paid Qantas PR team get more press and immediately muddy the waters and deflect, confuse and defuse. What's the average Joe to think then?

Putting food on the table, paying the rent or mortgage and the success or otherwise of their favourite team rate significantly higher than the plight of Qantas unfortunately, but realistically!

Hey, but I really hope you're right and Xenaphon's yet to let rip with a nuclear warhead with AJ' s name on it. Maybe we could all sign it....with love!
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Old 8th Dec 2013, 06:12
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Will be a fascinating week to come.
Any bold predictions ?
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Old 8th Dec 2013, 06:17
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I predict Joyce will have an army of lobbyists in Canberra handing out bottles of grange and free i-pads.
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Old 8th Dec 2013, 06:22
  #679 (permalink)  
 
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I predict that the slow motion train crash in play will roll on with AJ. & LC still refusing to accept one iota of responsibility for the current situation, and that the institutional share holders will continue to do nothing, rather than ask for their heads on a plate! It really is a cruel world!!
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Old 8th Dec 2013, 06:28
  #680 (permalink)  
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I predict Joyce announcing that without a handout, International will be closed by years end.
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