MERGED: Alan's still not happy......
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Just watching the News Conference (Announcements) now live, AJ still does not seem very happy, poor thing. 
The reporters are asking some tough questions, but at least (it appears) the news is not too bad, could have been a lot worse.
The reporters are asking some tough questions, but at least (it appears) the news is not too bad, could have been a lot worse.
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ASX loses confidence
Normally when a company sack employees the share price goes up....
QAN$1.185
$-0.085 (-6.69%)
The market has lost confidence in the ability of Clifford and BGA and their 'board' to return Qantas to profitability.....
QAN$1.185
$-0.085 (-6.69%)
The market has lost confidence in the ability of Clifford and BGA and their 'board' to return Qantas to profitability.....
1. Good 1st up question from Ross Greenwood regarding AJ's own position.
Didn't follow up though as AJ talked about how he was committed, bla bla bla.
2. Liked the question from lady who asked why the announcement was held at Sydney's most expensive hotel and not at the new QANTAS campus.
3. Lady asked about the effect on the services to Asia and in particular SIN for pax.
Evans didn't answer the question, just beat around the bush, imo.
Really, the journalists must all have Chairmans Club memberships.
Didn't follow up though as AJ talked about how he was committed, bla bla bla.
2. Liked the question from lady who asked why the announcement was held at Sydney's most expensive hotel and not at the new QANTAS campus.
3. Lady asked about the effect on the services to Asia and in particular SIN for pax.
Evans didn't answer the question, just beat around the bush, imo.
Really, the journalists must all have Chairmans Club memberships.
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I was expecting the share price to go up today as well. Investors usually see job slashes as a good thing and hence the share price rises.
Yet at the moment the share price is down 8%. Investors have finally lost faith in Allan? Its time for this idiot and his board to go!
Yet at the moment the share price is down 8%. Investors have finally lost faith in Allan? Its time for this idiot and his board to go!
787 specifically excluded from future fleet types to be operated by mainline in comments from Gareth Evans
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Embarrassing all round – AJ can’t answer a question to save himself. All the money spent in Corporate Comms is so people can write his speeches and lines to repeat over and over. At least Gareth can answer questions a bit better.
First question about AJ’s future – pathetic answer. Swiped away – how he is still there and telling 5000 people you won’t have jobs is mind boggling.
Nice question about the venue for today’s briefing – I thought the idea of building a theatre was to accommodate that number of people. They can all get to Mascot can’t they?
Our leadership (or lack of it) is on display today – no wonder we are in trouble.
First question about AJ’s future – pathetic answer. Swiped away – how he is still there and telling 5000 people you won’t have jobs is mind boggling.
Nice question about the venue for today’s briefing – I thought the idea of building a theatre was to accommodate that number of people. They can all get to Mascot can’t they?
Our leadership (or lack of it) is on display today – no wonder we are in trouble.
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Dumbest press conference I have ever witnessed.
Almost no questions about holding the board to account for such a shabby management of a company.
No response to Greenwoods question on Joyce's position on the board. No account to poor selection of new aircraft and and poor excuses on financial management.
Opportunities for hard questions were greeted by soft. Were these really journos or ring ins for the conference.?
Almost no questions about holding the board to account for such a shabby management of a company.
No response to Greenwoods question on Joyce's position on the board. No account to poor selection of new aircraft and and poor excuses on financial management.
Opportunities for hard questions were greeted by soft. Were these really journos or ring ins for the conference.?
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"Alan Joyce has kicked off his press conference just now, talking about the "unacceptable and unsustainable" performance of Qantas.
Read more: http://www.smh.com.au/business/aviation/qantas-chief-alan-joyce-cuts-5000-jobs-20140227-33j48.html#ixzz2uTfJHvjt"
Can't understand him saying that yet he has been leading the company.
Staff can only do so much with what they have, or haven't got.
If you cut the profitable routes, is it any wonder ?
Read more: http://www.smh.com.au/business/aviation/qantas-chief-alan-joyce-cuts-5000-jobs-20140227-33j48.html#ixzz2uTfJHvjt"
Can't understand him saying that yet he has been leading the company.
Staff can only do so much with what they have, or haven't got.
If you cut the profitable routes, is it any wonder ?
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Qantas Q-day, the big items | Plane Talking
Interesting, I think AJ is going to have a long day when this all sinks in,
uploading the questions at the press conference stand by
Before group CEO Alan Joyce starts talking here are the standout items.
Jetstar in Asia has been stopped in its tracks. Nothing specific has been said about Jetstar Hong Kong, which has been unable to get a Hong Kong operating certificate because it is framed to contravene its Basic Law on foreign owned and controlled entities.
Jetstar international will only get 11 out of 14 Dreamliner 787-8s, the last three being ‘deferred’.
No reference has been made as yet to the fate of Dreamliner 787-9 options held by Qantas exercisable for delivery from 2016.
The last eight A380s on order are deferred, which is what they are already to all intents and purposes.
The actual job losses, including part time position, are likely to be between 5500-7000 according to insiders.
The only specific route closure is Singapore-Perth.
There is a mysterious reference to restructuring the Qantas orders for more than 100 A320s. Given its guidance on Jetstar in Asia, this needs for explanation.
Jetstar in Asia has been stopped in its tracks. Nothing specific has been said about Jetstar Hong Kong, which has been unable to get a Hong Kong operating certificate because it is framed to contravene its Basic Law on foreign owned and controlled entities.
Jetstar international will only get 11 out of 14 Dreamliner 787-8s, the last three being ‘deferred’.
No reference has been made as yet to the fate of Dreamliner 787-9 options held by Qantas exercisable for delivery from 2016.
The last eight A380s on order are deferred, which is what they are already to all intents and purposes.
The actual job losses, including part time position, are likely to be between 5500-7000 according to insiders.
The only specific route closure is Singapore-Perth.
There is a mysterious reference to restructuring the Qantas orders for more than 100 A320s. Given its guidance on Jetstar in Asia, this needs for explanation.
uploading the questions at the press conference stand by