Go Back  PPRuNe Forums > PPRuNe Worldwide > Australia, New Zealand & the Pacific
Reload this Page >

Qantas Announcement: 28 AUG 14

Australia, New Zealand & the Pacific Airline and RPT Rumours & News in Australia, enZed and the Pacific

Qantas Announcement: 28 AUG 14

Old 27th Aug 2014, 12:57
  #1 (permalink)  
Thread Starter
 
Join Date: Sep 2011
Location: Hicks House
Age: 75
Posts: 88
Likes: 0
Received 0 Likes on 0 Posts
Qantas Announcement: 28 AUG 14

Welcome folks, to the unofficial announcement page.

Predictions, facts and rumours are all welcome.
Wedcue is offline  
Old 27th Aug 2014, 14:06
  #2 (permalink)  
 
Join Date: Apr 2011
Location: Melbourne
Posts: 165
Likes: 0
Received 0 Likes on 0 Posts
Submit your best guess for the dollar figure Alan has
blown this time! Closest guess wins a night with Livvy.

2nd prize, two nights
spelling_nazi is offline  
Old 27th Aug 2014, 15:03
  #3 (permalink)  
 
Join Date: Oct 2002
Location: In Frozen Chunks (Cloud Cuckoo Land)
Age: 15
Posts: 1,521
Likes: 0
Received 0 Likes on 0 Posts
anyone know of live feed via internet?
blueloo is offline  
Old 27th Aug 2014, 15:19
  #4 (permalink)  
 
Join Date: Jul 2011
Location: Victoria, Australia
Posts: 61
Likes: 0
Received 0 Likes on 0 Posts
My guess for the amount of jelly beans not in the coffers anymore...

$915 Mil


My prayer...

resignation announcement.
SenZubEanS is offline  
Old 27th Aug 2014, 15:30
  #5 (permalink)  
 
Join Date: Apr 2013
Location: Paradise
Age: 53
Posts: 12
Likes: 0
Received 0 Likes on 0 Posts
$1.2 b

It's a sure thing.
VicVector is offline  
Old 27th Aug 2014, 17:00
  #6 (permalink)  
 
Join Date: Feb 2003
Location: BHX LXR ASW
Posts: 2,235
Likes: 0
Received 0 Likes on 0 Posts
1. Code sharing across the Pacific using EK 380's
2. QF hosties working on EK flights on the kangaroo route (If it hasn't been chopped.
3. EK pilots flying QF 380's (Showing them how it's done in DXB)
4. Mr Joyce walking away with a 'gold watch' as a thank you for all the cut backs in staffing levels.

I will come back and see how off the mark I was
crewmeal is offline  
Old 27th Aug 2014, 17:52
  #7 (permalink)  
 
Join Date: Aug 2009
Location: Lisbon
Posts: 995
Likes: 0
Received 0 Likes on 0 Posts
Nick Xenophon would like to take a stab at answering Wedcue's question!!

From Nicks SMH article,
Its excuses over the years have included an unlevel playing field, higher fuel costs, difficult unions, a high or low Australian dollar (Qantas has blamed both in recent years) to name but a few. Qantas' excuses for abysmal performance and grand plans for a turnaround just don't stack up.
Full article below. It's brief but it is succinct and to the point. Well done Nick, nice to see at least one politician who appears to give a shit about the real issue here - human beings, as in Qantas workers and their families and the Australian traveller.

Qantas chief Alan Joyce has many questions to answer

Surely it is time that the 5 foot human wrecking ball (and other associated parties to the QF destruction) be frog marched out of Mascot (and preferably Australia) immediately?
Cactusjack is offline  
Old 27th Aug 2014, 18:15
  #8 (permalink)  
short flights long nights
 
Join Date: Aug 1999
Posts: 3,657
Received 0 Likes on 0 Posts
I want a job that pays me 22 million to destroy something. Where can I apply?
SOPS is offline  
Old 27th Aug 2014, 20:50
  #9 (permalink)  
 
Join Date: Nov 2007
Location: Bexley
Posts: 1,792
Likes: 0
Received 0 Likes on 0 Posts
My tip is $780M and much congrats for the Board for keeping below $1B in these troubled times.
ALAEA Fed Sec is offline  
Old 27th Aug 2014, 21:39
  #10 (permalink)  
 
Join Date: Jun 2007
Location: The Outer Marker hut
Posts: 218
Likes: 0
Received 0 Likes on 0 Posts
"Closest guess wins a night with Livvy."

Errrr, um, it's a profit?
bazza stub is offline  
Old 27th Aug 2014, 21:42
  #11 (permalink)  
 
Join Date: Jun 2007
Location: The Outer Marker hut
Posts: 218
Likes: 0
Received 0 Likes on 0 Posts
$897 million
bazza stub is offline  
Old 27th Aug 2014, 21:53
  #12 (permalink)  
 
Join Date: May 2005
Location: oz
Posts: 305
Likes: 0
Received 0 Likes on 0 Posts
$747 million plus write downs and redundancy costs forced into the 13-14 FY.
Iron Bar is offline  
Old 27th Aug 2014, 22:02
  #13 (permalink)  
 
Join Date: Jul 2007
Location: Sydney
Posts: 244
Likes: 0
Received 0 Likes on 0 Posts
It is going to be a huge number regardless and we know the reasons for it.

What we want to know is how they are going to fix it - we won't get those answers today, it will just be the normal spin. Announcements that should happen (like the board and CEO will end their tenure by the end of the year) won't happen and there will be no strategy going forward to give anyone confidence.

It is about time these big shareholders make some noise..........
Qantas 787 is offline  
Old 27th Aug 2014, 22:07
  #14 (permalink)  
 
Join Date: May 2000
Posts: 109
Likes: 0
Received 0 Likes on 0 Posts
$852 million.
Autobrakes4 is offline  
Old 27th Aug 2014, 22:43
  #15 (permalink)  
Keg

Nunc est bibendum
 
Join Date: Apr 1999
Location: Sydney, Australia
Posts: 5,581
Likes: 0
Received 0 Likes on 0 Posts
Thumbs up

Operating loss circa $350 million. Other one offs, write downs, redundancies, etc to take it Ito $890-1.1 billion. Retired debt in their circa $100 million or so.
Keg is offline  
Old 27th Aug 2014, 23:26
  #16 (permalink)  
 
Join Date: Dec 2013
Location: Weltschmerz-By-The-Sea, Queensland, Australia
Age: 100
Posts: 1,258
Likes: 0
Received 0 Likes on 0 Posts
I think Keg is about right on the QF mainline operating loss. What is not ever apparent is the JQ Intl and Asian misadventure losses. Given the various snippets of information from those quarters. I would guess another 130-200 million there. Add in the one-off costs and we get a nice headline custom made to instill confidence in travellers buying a ticket for future travel.

When manure starts to snowball it gets ugly fast.

The only way forward is to replace all of the board and executive and blazon ads and billboards with the old "under new management" ray of hope.
Australopithecus is offline  
Old 27th Aug 2014, 23:28
  #17 (permalink)  
 
Join Date: Aug 2014
Location: Yosemite
Age: 50
Posts: 177
Likes: 0
Received 0 Likes on 0 Posts
$1.25 billion loss - all the fault of overpaid pilots, surplus Engineers and company destroying unions.

Now, where's my bonus and ????
Soteria is offline  
Old 27th Aug 2014, 23:40
  #18 (permalink)  
 
Join Date: Jul 2007
Location: Australia
Age: 56
Posts: 2,125
Likes: 0
Received 0 Likes on 0 Posts
$1billion.

The Irishman will tell us about the tough times in the industry blah blah.

The board will pat themselves on the back and blame the overpaid pilots, overpaid trolley dollies, the non level playing field, the unions etc!

The fund managers will just sit there unable to explain why they have such faith in in the board and management of the rat!

Just confirm the first prize is a night with lovely Livvy!
Stationair8 is offline  
Old 27th Aug 2014, 23:41
  #19 (permalink)  
 
Join Date: Apr 2014
Location: At the buffet
Age: 48
Posts: 78
Likes: 0
Received 0 Likes on 0 Posts
Holy sh$tballs. 2.84b
Pastor of Muppets is offline  
Old 27th Aug 2014, 23:44
  #20 (permalink)  
 
Join Date: Feb 2007
Location: Melbourne
Age: 56
Posts: 628
Likes: 0
Received 0 Likes on 0 Posts
$2.84 billion

$2,840,000,000

Holy crap.
Romulus is offline  

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information

Copyright © 2022 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.