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Old 26th Feb 2014, 22:54
  #21 (permalink)  
 
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Yes, good luck to all involved.

Just watching AJ live now, a reporter actually asked him was HIS job safe, apparently it is.
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Old 26th Feb 2014, 22:55
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Ailing Australian airline Qantas has announced a big half-year loss and thousands of job cuts, but Mr Luxon says Air NZ is "not fixated on our competitors".

He says having a commercial engine to the business, developing markets, improving operations and investing in their people is a critical dimension for a successful airline.

And Mr Luxon says the airline is continuously working on simplification and taking complexity out of its business which is being run as an independent commercial entity.
This sums it all up really. Dont fixate on competitors. Develop markets. Improve operations and investing in your people. Work on simplification and remove complexity.

Some of the complexity is government imposed and we as a nation need to push back on some of the BS, but the fat of middle management needs attention.

Hmmm B787 and B777......Qantas?

Clearly this CEO and the last have had a completely different approach to the two at QF. The results speak for themselves. The above notes from the article also sound like the words of Herb Kelleher.
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Old 26th Feb 2014, 22:57
  #23 (permalink)  
 
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With the company rapidly approaching its centenary you cannot but help wonder what will be there then to celebrate.

Many many 'innocent bystanders' not directly affected, looking on from the wings, so to speak, have in their thoughts today all who have been mercilessly shafted and those who grimly wait for the other shoe to drop.
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Old 26th Feb 2014, 22:59
  #24 (permalink)  
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Concur with Jack and others.

The article does not indicate whether the CEO is included in the redundancies.
An interesting thought Tailwheel.

Just watching AJ live now, a reporter actually asked him was HIS job safe, apparently it is.
What a pity.
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Old 26th Feb 2014, 23:07
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not really a fair comparison comparing QF loss to NZ profit.

NZ had to be saved by NZL govt, as it's the only airline.

We do have VA here & we all managed to survive AN collapse.
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Old 26th Feb 2014, 23:28
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We do have VA here & we all managed to survive AN collapse.
Mate, not everyone survived the Ansett collapse.
Indeed, many lives were lost!
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Old 26th Feb 2014, 23:40
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Hot off the press

Fleet and Network

After a detailed review of network and schedules, the Qantas Group will re-assign aircraft to better match demand, defer aircraft orders, dispose of aircraft, increase fleet utilisation and exit under-performing routes.

Qantas Domestic will increase utilisation of narrow-body aircraft, allowing Airbus A330 aircraft in the domestic market to concentrate solely on East-West services and peak services on the Sydney-Melbourne-Brisbane triangle.

A330-200s will be freed up to enter the Qantas International fleet as replacement aircraft, helping to accelerate the retirement of older Boeing 747 aircraft.

All six of Qantas International’s non-reconfigured B747s will be retired ahead of schedule, by the second half of FY16. Nine reconfigured B747s with A380-standard interiors will remain.

Qantas’ final two B737-400s have been retired this month and all B767s will be retired by the third quarter of FY15, resulting in cost and passenger benefits from fleet simplification.

Qantas International’s eight remaining A380 orders will be deferred, with an ongoing review of delivery dates to meet potential future requirements. Schedule changes will allow maximum use of Qantas’ current 12 A380s.

The final three of 14 Jetstar B787-8s on firm order will be deferred.

Jetstar’s A320 order book has been restructured.


In total, more than 50 aircraft will be deferred or sold.
By FY16, the Group’s passenger fleet will have been simplified from 11 aircraft types to seven aircraft types, with an average age of eight years.

Over the next 12 months, Qantas will exit under performing routes and make aircraft changes on certain routes to better match capacity to demand.
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Old 26th Feb 2014, 23:51
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Just watching AJ live now, a reporter actually asked him was HIS job safe, apparently it is
Ross Greenwood asked him this question directly. Joyce was very evasive and gave a long winded answer about how good management are. I got the opinion his job is very much on the line.

Would it really be possible for all the senior execs to escape the cull. Surely there has to be a fall guy or two.
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Old 27th Feb 2014, 00:27
  #29 (permalink)  
 
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ABC business report that the share price fell a further 5 cents during the press conference when it became clear that there was to be no change at the top.


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Old 27th Feb 2014, 00:43
  #30 (permalink)  
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in light of some 744's being replaced by 330's

wouldn't it make sense for QF to do some of their LAX flights via somewhere like NAN & do a splash & dash especially in low season?

eg. MEL/LAX is a long sector. There's no FJ daytime flight MEL/NAN, so if a QF 330 were to fly MEL/NAN in daylight, FJ could free up some 737's.

Only catch with this is UA are flying 787's nonstop MEL/LAX from 28 OCT, but lots of Australians won't fly UA as considered airline of last resort.

It would also give an option for a Fiji stopover.

By stopping briefly in NAN, QF could carry full load without any weight restrictions.

OR one of 2 daily SYD/LAX's go via NAN ?

OR introduce CBR/NAN/LAX ? (wouldn't have to be daily. If someone wanted to fly CBR/LAX or v.v. on other days, they simple transit BNE, SYD or MEL, as they have to currently)

No one from CBR wants to transit bloody terrible SYD.

FJ from memory is back in profit.

QF owns something like 47% of FJ.

>>>
A330-200s will be freed up to enter the Qantas International fleet as replacement aircraft, helping to accelerate the retirement of older Boeing 747 aircraft.
>>>
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Old 27th Feb 2014, 01:30
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Customers will not take an intermediate stopover if another airline is flying non-stop. Some will, but most won't, making a viable route non-viable. You're correct about no one wanting to transfer via Sydney. The 787 is a hub-buster, taking out the need for intermediate stopovers. It also allows increased frequency of flights. One A380 per day with a lot of passengers on a route by one company can be more than matched with 2 or 3 flights per day in a 787. Other options being equal, customers will vote with their bums to less crowded terminals and multiple travel time options.
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Old 27th Feb 2014, 01:45
  #32 (permalink)  
 
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Does anybody think that Australias militant Industrial relations law and Union greed have had anything to do with this? I certainly do.
There are a lot of staff at Qantas that get paid a lot of money to do next to nothing (and by that I mean literally next to nothing). We've seen this all before.
I'm not saying that there aren't a lot of other significant factors at play.. No doubt that management in recent years has been woeful but you've got your head in the sand if you truly believe there is no dead wood at Qantas (from the top to the bottom!)
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Old 27th Feb 2014, 02:02
  #33 (permalink)  
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isn't NAN right under SYD/LAX route ?

how long does a splash & dash take ?

Add 60-80 min to total duration from SYD to LAX ?

If it means being about to carry more freight & less fuel & being able to offer some cheaper fares, surely would be worth looking at.

NZ does it via AKL. Plenty of Australians fly NZ to U.S. mainland.

FJ does it via NAN now, but is not a quick stop.

SYD/NAN/LAX total transit on FJ now is approx 17 hours 40 mins with 3 hours on ground in NAN. Take out 2 hours & you're down to 15 hours 40 mins, whereas a QF SYD/LAX nonstop is 2 hours less.

Thinking further ahead, it would also mean that QF could reintroduce SFO & YVR (& other ports such as DEN) much like NZ does out of AKL.

Many Australians go to YVR via AKL & via NAN would be shorter.

It would be 1 way of offering cheap fares & getting ff points, or instead make one of the 2 daily SYD/LAX flights a JQ 787, so all those who are price sensitive fly JQ, but offer them some ff points, maybe 50%.
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Old 27th Feb 2014, 02:14
  #34 (permalink)  
 
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XPT, what are you talking about? SYD/MEL-LAX is all A380s and the majority of the punters would tell you to stick an unnecessary transit where the sun don't shine. It may add a small amount of time but it's a PITA for the punter.
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Old 27th Feb 2014, 02:23
  #35 (permalink)  
 
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Agree. Direct far more preferable.

Price is not everything to quite a few people.



Joyce is getting a bit of a lashing in The Age.
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Old 27th Feb 2014, 02:24
  #36 (permalink)  
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plenty of punters fly FJ direct on their now daily SYD/LAX on their new 332's !!!

FJ is back in profit.

Sure their wages are lower, but they probably pay more for fuel.


+ plenty of punters fly via AKL on NZ, via HNL on HA & on TN via PPT or even via China or Taiwan.

+ lot more fly JQ SYD/HNL & then get on any number of carriers to mainland including LCC like Allegiant, which them gives them the option of a stopover.

Where do you think all the former QF pax to USA have gone ? They haven't all gone to VA.

Some have gone to DL, but only out of SYD.

Even poor old UA MEL/LAX is via SYD until 28OCT.
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Old 27th Feb 2014, 02:30
  #37 (permalink)  
 
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"Jetstar’s A320 order book has been restructured.": Lets just gloss over the huge losses over at Jetstar
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Old 27th Feb 2014, 02:34
  #38 (permalink)  
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500N you'rs getting confused between direct & nonstop.

>>>Agree. Direct far more preferable.

Price is not everything to quite a few people.
>>>

& as cost of living has gone up in Australia, price is becoming more important, which is why QF are losing out.

Look at holidays & peak seasons,when load factors are very high & airlines make money to carry them over low seasons.

A few hundred dollars, times a family of 4 to 6 people, makes a huge difference.

It's only business types & public servants, who don't pay their own fares, who don't care about costs, but have seen plenty of businesses since GFC, cut back from business class to economy, bypassing premium economy.

+ what we call the wank factor.

Some pax out there, love to tell all, they flew bus cl, but fail to mention it was not on nonstops.

You can fly bus cl SYD/LAX return for $4k or less but not on QF.
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Old 27th Feb 2014, 02:51
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I can remember we operated one stop to a destination . Many preferred to drive 2-3 hours to go direct in 75 mins than drive 30 mins for a 2 hour flight . Go figure ?
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Old 27th Feb 2014, 02:52
  #40 (permalink)  
 
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xpt

Maybe I am eating confused but to me direct is Mel to LAX and Non stop is Melb to LAX. Mel - Syd - LAX is one stop and a PITA one at that. I'd fly via Aukland before Sydney and Have done so.

Not sure where you get $4k from apart from the most expensive fares.

Mel - LAX return, QF93 and QF94 is sub $2000 if you book right, A380 aircraft. A bit more if you go up a level. Unless you tell me otherwise, that is Qantas. Those figures are for April / May this year, 2 months out.
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