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Qantas Results rumours

Old 17th Feb 2016, 07:55
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Qantas Results rumours

Pure rumour. Add, debunk or clarify as you will.

Well over One billion dollars for the full year. More 787 orders to come, with the transfer of some other group assets (read 787-8 or 717 ?) from other entities into QF. About time👏
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Old 17th Feb 2016, 09:05
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Billion $ plus for the year - check. It should be close to 1 billion for the half year!

More 789 - check, though possibly not announced till later in the year.

Transfer of assets - There are certainly some opportunities in mainline if the right "assets" can be found. But I'm hearing something unexpected involving EFA is on the cards.
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Old 17th Feb 2016, 09:30
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Does the fact the new training manager at Network has a 717 endorsement indicate what might be bought in house?
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Old 17th Feb 2016, 10:46
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Close to a billion

Nothing earth shattering announcement wise, just some carefully chosen words which will lead to bigger changes down the track. 717 is a dead duck, another type between 737/330 (and something smaller than 737.....Airbus anyone?) all in house. anyone expecting massive changes will be disappointed.....
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Old 17th Feb 2016, 11:00
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Jetstar International...Unprofitable
Jetstar Asia...Unprofitable
Jetstar Pacific...Unprofitable
Jetstar Japan...Unprofitable
Jetstar Kiwi...Unprofitable
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Old 17th Feb 2016, 13:54
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The number to keep an eye on is how much debt is retired. That can often influence the declared profit. I suspect high 800 to low 900 million for the half depending on that debt number.

I reckon further 787 orders will be at the full year at the earliest when the lead time comes due for the subsequent slots to the first 8 already ordered. If they do announce extra airframes then that means an accelerated arrival schedule and all hell will break loose in training and recruiting.

Still reckon it's too early to announce 737 replacement or A320 family (particularly A321s for trunk routes or A319s for regional stuff) in the medium term.

Less than a week and we'll know.
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Old 17th Feb 2016, 18:19
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Thumbs up

From April QF B787 slots disappear at a rate of one a month. At the price secured for these jets they would be mad not to take them up. As for the profit, A monkey could make money at the moment and after writing off the B747s there is a clear run(for 2 years at least!) for blue skies. Time to clean up on bonuses and head back to Ireland. A320/321s for domestic and B717 gone, more B787s and B788s elsewhere in the Group.
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Old 17th Feb 2016, 19:26
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I heard he was going to DXB
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Old 17th Feb 2016, 20:52
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DXB

No chance of him working anywhere in the Middle East due to his personal life.
I would have thought that Asia would also prove difficult for the same reason.
Both regions not as tolerant as in the West.(understatement)
That leaves North America. If they looked at his record prior to the oil price plunge then he'd have to spin a pretty good yarn as to why he's the man for the job.

He's going no where.
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Old 17th Feb 2016, 21:14
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He doesn't need to go anywhere.

The LTIP expires next year and it looks like he'll pocket excess of $30M from it and then you add his normal salary & bonuses, he'll have around $45M in that year alone.

He'll happily retire from QF with his ill-gotten gains, be appointed to a number of lucrative board positions and live an extremely comfortable life.
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Old 17th Feb 2016, 21:19
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Busdriver007, where did you find out that info regarding the options evaporating from April onward? Does that already take into account the 8 ordered so far?
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Old 17th Feb 2016, 22:00
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The next batch of 787 options do not expire in April. They don't expire until next year. Chance of more 787 orders next week = somewhere between 0 and no f'n way.
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Old 17th Feb 2016, 23:24
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717 is a dead duck
Define dead duck? Recent acquisitions would suggest otherwise.
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Old 17th Feb 2016, 23:24
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Sorry Boys & Girls,
2 more B717's arriving this year and three more being inspected.


RC
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Old 18th Feb 2016, 00:00
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Jetstar International...Unprofitable
Jetstar Asia...Unprofitable
Jetstar Pacific...Unprofitable
Jetstar Japan...Unprofitable
Jetstar Kiwi...Unprofitable
the jets in nz are profitible, no? have the q300's dragged the nz operation back in to the red?
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Old 18th Feb 2016, 05:28
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The current crewing arrangement of the 717 will cease in the next few years, once a decision has been made about which aircraft will eventually replace the 737. Currently qf are so short of domestic capacity, if indeed another 3 are 'being inspected' it is a temporary measure. I highly doubt it though....

The other issue we have in the short term is crewing....we are (unbelievably) short of crew. Once the numbers are right, the 717 will be sold off (still a strong market for them in the US). We already have a wholly owned subsidiary (network) so if they decide to keep a dedicated regional jet (unlikely....airbus anyone?) why pay another mob of contractors. So...sorry, but cobham has a limited lifespan...
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Old 18th Feb 2016, 05:29
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I doubt it, as the Q300's are run by an entirely separate company. So no impact on the profitability of the Jets.
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Old 18th Feb 2016, 05:58
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More F100's headed Network's way if the scuttlebutt is correct.

Could have something to do with Alliance cleaning Austrian out of F100/70's.
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Old 18th Feb 2016, 07:39
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so, is the nz operation profitable ollie?
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Old 18th Feb 2016, 08:19
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do the numbers - whats cheaper to run and delivers more not only directly but indirectly, E170/190 or F100..

Theres a reason there is a "Fleet" of them..


Think bigger....
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