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Old 27th Feb 2014, 02:57
  #21 (permalink)  
 
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Regarding the QF announcement today, the common theme from the financial analysts is that there has been no positive information in the announcement, like how are they going to deal with the things they can control?

The announcement was all about how the mess they are in is everybody else's fault & their only response is to cut, cut, cut.

If booking start to collapse due to public unease about the security of their ticket & the money the paid for it, like happened when the Ansett 767's were grounded twice, the downward spiral will continue & the financial situation could become dire.

Once again I have to think - is that what the real objective is here?
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Old 27th Feb 2014, 09:17
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Borghetti has hit the mark with strategy and well done to him.

In other news... Well said Oakape. Seniority has served it's purpose. As I've said elsewhere it's time to retire this aged method. Timelines in every facet of life have been compressed. One needs to be flexible, not stagnant. Eliminate seniority world-wide.
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Old 28th Feb 2014, 09:51
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Cool your heels everyone!

It's not even known how many pilots, if any, will be given their marching orders, and to be squabbling about who will sit where in a seniority system if a few deck chairs are shuffled is a touch over the top at this stage.

And who is to say Virgin are in any sort of position to extend a helping hand to any out of work pilots? In case you missed it, we aren't doing all that flash either at the moment.

What next for Virgin, bloody hell..... nobody here can even answer that question..... but here's a start... the flying program here is set to reduce over the next 6 months and you will see more 737 parked up against the fence as a result.

I guess what I'm trying to say is let's not get too ahead of ourselves.....
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Old 28th Feb 2014, 10:00
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There is no way that VA and its shareholders are going to back off now having invested all the $$$ they have to gain a position of strength, the rewards are just too great if they can pull it off (whatever "it" is).

I am not gloating but this is solely the result of QF Board and AJ doing what they did on so many fronts and unfortunately it is the staff who will pay the price and the financial pain is just starting.

The only hope for them is to show dramatic change now (ie jettison AJ and major board changes) to buy some time to shore up their customers and hope like hell that the SOE don't feel the need to fight to the death which realistically no one can afford.Better to have an orderly market now and share the spoils with a severely weakened competitor.
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Old 28th Feb 2014, 11:14
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If it wasn't for the three airlines Virgin would looking at emulating Ansett.
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Old 28th Feb 2014, 11:33
  #26 (permalink)  

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Who knows?

But if it was to be judged by who has the best leader on the evidence of the pressers by Joyce and Borghetti it has to be Virgin running away.

Hypothetical is where woud Qantas be today under Borghetti. Probably. Right up there.

Having said that Borghetti is smart enough to understand the deep QF structural problems.
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Old 28th Feb 2014, 20:55
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All I know is every day I wake up and read that Alan Joyce is the CEO of Qantas is another day I get to keep my job at Virgin.

Seriously, how can you go from the position of total monopoly to their current one?

3 years ago it was the same announcement of 5000 job losses at QF which coincided with Red Q and other industrial arguments which ended in the closure of the airline for a period of time. No pilots were made redundant that time. I wonder what's behind it this time. Words like "work choices" and "wharf dispute" come to mind.

Interesting watching Jeff Kennett sprouting his two cents worth the other day. I guess the ultimate end game are American low cost conditions.
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