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So you need a new fleet Leigh?

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So you need a new fleet Leigh?

Old 7th Jan 2019, 11:22
  #721 (permalink)  
 
Join Date: May 2005
Location: QLD - where drivers are yet to realise that the left lane goes to their destination too.
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you’ll piss off more passengers but that is what running an airline is all about
I would have thought that NOT pissing off your passengers is what running an airline is all about, especially at a time you are charging peak fares and with little alternatives to offer in recompense.
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Old 7th Jan 2019, 23:48
  #722 (permalink)  
 
Join Date: Aug 2002
Location: Australia
Posts: 372
Pretty selective quoting there Traffic.
The whole quote that you trimmed was referring to managing disruptions being “what running an airline is all about”.
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Old 8th Jan 2019, 10:30
  #723 (permalink)  
 
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Location: QLD - where drivers are yet to realise that the left lane goes to their destination too.
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The reality is there are spare long haul aircraft sitting around during most of the year to plug the holes when unexpected maintenance crops up. However, the international side of the airline makes nearly all its profit during the Christmas holiday break so they push all the aircraft into service, as you would expect. This means disruptions are harder to handle and you need more creative solutions and you’ll piss off more passengers but that is what running an airline is all about.
I would have thought that NOT pissing off your passengers is what running an airline is all about, especially at a time you are charging peak fares and with little alternatives to offer in recompense.
Happy now? End result is still pissed off passengers ie customers. Never good for business.
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Old 8th Jan 2019, 12:44
  #724 (permalink)  
 
Join Date: Oct 2005
Location: Fliegensville, Gold Coast Australia
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If I may be allowed to reply...I am eligible for QF staff tkts...(I never use them)...after the 2011 'shutdown' ... well...it simply defies belief it was not pre-determined, and the man referred to here as 'Little Napoleon' has turned me off my home Country Airline for good...

In any case...I refuse to fly with the likes of Malindo Air, Lion Air, Air Asia Indonesia, Air France, or QANTAS....there is a similar thread running through all those operators...not you 'Sky Gods' mind...heaven forbid....just that without looking too hard, there are many better ways to fly not using QF....that is just a fact...and I refuse to go through he UAE....I am allowed to make decisions based on my principles...and my $ goes ways the likes of 'Little Napoleon' would not understand...
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Old 8th Jan 2019, 13:37
  #725 (permalink)  
 
Join Date: Aug 2007
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We now have a 330 stuck in HongKong, needed an engine change in Sydney but guess what they don’t have one, so 24 hour delay in HongKong. More happy punters.
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Old 8th Jan 2019, 20:15
  #726 (permalink)  
 
Join Date: Jun 2001
Location: FNQ ... Still!
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Would appear the long term outlook for the big Q is not very rosy. Years of not spending money is starting to have an affect on daily ops.
Will be interesting to see how the CEO and the Board handle this deteriorating position.
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Old 8th Jan 2019, 20:53
  #727 (permalink)  
 
Join Date: Jun 2007
Location: Australia
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Capt Fathom,

It is going exactly as planned so all they will do is open another case of Cognac light up those Havana's and wait.
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Old 8th Jan 2019, 21:03
  #728 (permalink)  
 
Join Date: Feb 2018
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Originally Posted by Capt Fathom View Post
Will be interesting to see how the CEO and the Board handle this deteriorating position.
In the usual well worn c-level tradition, he will resign with a golden parachute, and leave the mess for the next sucker.
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Old 8th Jan 2019, 21:09
  #729 (permalink)  
 
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Originally Posted by Dee Vee View Post
In the usual well worn c-level tradition, he will resign with a golden parachute, and leave the mess for the next sucker.
They donít need to give him a golden parachute heís been rewarded so much money already.
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Old 8th Jan 2019, 22:59
  #730 (permalink)  
 
Join Date: Feb 2000
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Was only reviewing this article the other day. All roads lead to 2020.
Good luck to the poor bastard that inherits the mother of all shit sandwiches.
https://www.smh.com.au/business/comp...15-p4z0gd.html
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Old 11th Jan 2019, 05:09
  #731 (permalink)  
 
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A 330 stuck in Singapore Wednesday night returned home this morning, a battery was so drained on it they couldn’t recharge it then it turned out there wasn’t a spare available in Singapore and one had to be flown up from Sydney.
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Old 11th Jan 2019, 06:37
  #732 (permalink)  
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Originally Posted by hotnhigh View Post
Was only reviewing this article the other day. All roads lead to 2020.
Good luck to the poor bastard that inherits the mother of all shit sandwiches.
https://www.smh.com.au/business/comp...15-p4z0gd.html

It is well known in the broader industry that the Qantas footprint and withdrawal was an indication that the business focus shifted. The growth of JQ at the expense of the parent is a dangerous knife to balance. Buoyed by surplus cash flow and cheap fuel, on first examination, which is all the MSM bother with, it appeared ok.

That the segment accounts hide the impact is one thing, but an airline of JQ's size flying the amount of ASK for such a small revenue return should concern investors.
Endless discussion of cost base aside, with the depreciation change accounted and the cheap fuel 'bonanza' buying time other airlines have taken advantage of the respite to re-equip.
That this management and board chose to to neglect long term strategic imperatives for short term personal gain is not new, but the gap is ever more obvious every day.

Even the bought and paid for ratings agencies acknowledge what this thread highlighted well before their analysts looked through the spin: Qantas fleet metrics are horrible.


Mr Goyder ought, given his experience with Bunnings UK, understand the there is perhaps a reason no airline has followed Qantas, scaling up an demand elastic model to the size that JQ is now.
With group revenues declining in real terms despite all the additional JQ capacity re-equipping Qantas is axiomatic.

Perhaps the circuit breaker is that a new set of eyes are needed, a set of eyes not focused on maintaining the hero narrative and the image in the mirror.

Qantas need a new fleet.
Qantas need a new management.







Qantas need a new fleet.

Last edited by Rated De; 11th Jan 2019 at 06:50.
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Old 11th Jan 2019, 09:47
  #733 (permalink)  
 
Join Date: Jun 2011
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RD: I have to take issue with this statement of yours as according to correspondence today it is factually incorrect.

Even the bought and paid for ratings agencies acknowledge what this thread highlighted well before their analysts looked through the spin: Qantas fleet metrics are horrible.
S&P Global ratings is no longer including Qantas at Qantasí request. So at least as far as S&Pís ratings are concerned, they are certainly no longer bought and paid for. Although, with both those 787ís to pay for as well as Napoleonís salary, perhaps the issue was in the paying??
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Old 12th Jan 2019, 03:55
  #734 (permalink)  
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Originally Posted by V-Jet View Post
RD: I have to take issue with this statement of yours as according to correspondence today it is factually incorrect.



S&P Global ratings is no longer including Qantas at Qantasí request. So at least as far as S&Pís ratings are concerned, they are certainly no longer bought and paid for. Although, with both those 787ís to pay for as well as Napoleonís salary, perhaps the issue was in the paying??

That the ratings agencies are stock exchange listed entities and companies pay them to rate their equity the rating system is akin to stars on junior's drawing, sitting proudly on the family refrigerator.
That S&P are now calling the obvious and passing comment on poor and declining fleet metrics, given the 'fee for service' is suggestive that they believe that the term structure of the debt required for an eventual re-equipment puts even the current rating at risk.
Fair point though, Little Napoleon is expensive ballast.
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Old 12th Jan 2019, 06:02
  #735 (permalink)  
 
Join Date: Jun 2011
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Little Napoleon is expensive ballast.
At least he pulls above his weight somewhere!
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Old 12th Jan 2019, 06:38
  #736 (permalink)  
 
Join Date: Mar 2007
Location: australia
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Little Napoleon is expensive ballast.


Just change “ballast” to “ Millstone “ and you would be closer to the truth , I believe Rated De !
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Old 17th Jan 2019, 03:44
  #737 (permalink)  
 
Join Date: Aug 2007
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Latest scuttle butt is that operation sunrise is not looking to flash. The only aircraft with a hope of doing it is the A350-1000, the 380 D checks are shaping up as a disaster and two will be grounded by years end. Don’t shoot the messenger please.
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Old 17th Jan 2019, 04:17
  #738 (permalink)  
 
Join Date: Jul 2015
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The only aircraft with a hope of doing it is the A350-1000
Is that a problem though? Itíd just mean no 777s for Qf (again, and this time, ever), but the A350 seems to have proven itself pretty capable so far, as well as popular with pax. It also might solve their issue of a negotiated settlement to the 8 remaining and infilled A380 orders that Airbus reportedly wonít let go of.

As as for the two A380s out, well thereís a problem. If only QF had a 4 engined jet that could cover for it for a little while...
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Old 17th Jan 2019, 04:25
  #739 (permalink)  
 
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Maybe the 747-800 , I think there are 5 pax versions with no home.
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Old 17th Jan 2019, 05:02
  #740 (permalink)  
 
Join Date: Jul 2015
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Originally Posted by dragon man View Post
Maybe the 747-800 , I think there are 5 pax versions with no home.

I was thinking that just keeping the fully crewed and depreciated 747-400s a bit longer might be an idea but I wouldnít be unhappy with that either.
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