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QANTAS long haul EBA

Old 13th Nov 2018, 19:12
  #101 (permalink)  
 
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His options, pay and bonuses would be close to that . Regardless is disgustingly high for an airline CEO
and grossly above comparative airlines.
At least now the airline has turned around they canít cry wolf for either EBA as others suggest.
They will try though.
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Old 13th Nov 2018, 19:23
  #102 (permalink)  
 
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Source: Time for a little 'perspective' Mr Joyce? post #2


To which you need to add his earlier earnings as Jetstar CEO, sourced from 2005 ~ 2008 Qantas Annual Report
2008 2,395,414
2007 1,659,238
2006 1,423,530
2005 1,418,599
---------------------
Total $6,896,791
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Old 13th Nov 2018, 19:56
  #103 (permalink)  
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Do the above figures include the increase in the Qantas shares he was vested at about 80c? If not then I think $100 million would be close to the mark.
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Old 13th Nov 2018, 20:33
  #104 (permalink)  
 
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And then we have share buybacks which created the bonuses. Look at GE for share buyback results. In 2016, GE heavily bought back ($20b?) stock at around $30. Today, it's now under $8. A 70% loss. That's wasted $15b worth of shareholder value AND left the debt they bought the shares with - which around the world is becoming more expensive to fund. Earnings are going to drop because people have less money to spend as those rates rise as well. Sooner or later we will also have a recession to compound (or because) of those problems. Doesn't matter if you have $100m in the bank of course, and can walk away from the wreckage blaming red ties and muffin sales.
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Old 13th Nov 2018, 21:47
  #105 (permalink)  
 
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Originally Posted by Nunc View Post

The spine in AIPAs gone.
Rather than the spine being gone, it looks like the AIPA Committee has decided to attach a brain to the top of it.
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Old 14th Nov 2018, 19:35
  #106 (permalink)  
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Originally Posted by theheadmaster View Post
Rather than the spine being gone, it looks like the AIPA Committee has decided to attach a brain to the top of it.
Well, only time will tell and you have certainly raised the bar with that comment.
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Old 15th Nov 2018, 00:20
  #107 (permalink)  
 
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Originally Posted by dragon man View Post


Well, only time will tell and you have certainly raised the bar with that comment.
Very true statement !
No news at all from Aipa, pretty disappointing start.
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Old 15th Nov 2018, 00:58
  #108 (permalink)  
Keg

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My F/O had an email from AIPA yesterday morning. I’ve still not had it hit my inbox. Weird.
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Old 15th Nov 2018, 02:48
  #109 (permalink)  
 
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I received it
wasnt immediately after the spill not sure if it was sorted straight away or whatever
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Old 15th Nov 2018, 03:03
  #110 (permalink)  
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Mine finally came through about 15 minutes ago.
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Old 15th Nov 2018, 10:35
  #111 (permalink)  
 
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Just to be clear, this was not a 'spill'. It was a regular vote that happens every two years for the Executive positions. There was a contested election for President and the incumbent could only muster a handful of votes. The remainder of the Executive positions were uncontested.
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Old 15th Nov 2018, 15:17
  #112 (permalink)  
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Originally Posted by theheadmaster View Post
Just to be clear, this was not a 'spill'. It was a regular vote that happens every two years for the Executive positions. There was a contested election for President and the incumbent could only muster a handful of votes. The remainder of the Executive positions were uncontested.
100% correct and with an EBA on the negotiating table it will be interesting to see what direction AIPA move in with a new president.
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Old 15th Nov 2018, 22:48
  #113 (permalink)  
 
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Originally Posted by dragon man View Post


100% correct and with an EBA on the negotiating table it will be interesting to see what direction AIPA move in with a new president.

AHEM!! With TWO EAs on the negotiating table!

Many Long Haul Pilots do seem to forget that there are fellow Qantas Mainline pilots flying Aircraft on a pretty inferior contract compared to theirs.

The new president is a Short Haul Pilot. Hereís hoping that what is by far the least favorable of the two agreements gets the attention it deserves FIRST, since it has been expired the longest, thank you very much!
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Old 15th Nov 2018, 23:13
  #114 (permalink)  
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I won’t go into why their contract is inferior however I do hope that AIPA can successfully get it upgraded. The reality IMO with an austerity drive on in the airline that there is no hope of it happening, however if form is anything to go on I will say that I think AIPA will continue to drag the long haul contract backwards towards what you refer to as the inferior contract of shorthaul.
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Old 15th Nov 2018, 23:14
  #115 (permalink)  
 
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And the division airlines love so much begins.
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Old 15th Nov 2018, 23:35
  #116 (permalink)  
 
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Originally Posted by dragon man View Post
I wonít go into why their contract is inferior however I do hope that AIPA can successfully get it upgraded. The reality IMO with an austerity drive on in the airline that there is no hope of it happening, however if form is anything to go on I will say that I think AIPA will continue to drag the long haul contract backwards towards what you refer to as the inferior contract of shorthaul.

If the company is to try and drag Long Haul back to Short Haul terms Iím guessing itís not just me who thinks it is the lesser of the two (ergo, inferior). Ideally you get the worst of the contracts improved the most so that not going to be the case. For that reason, and the fact it has been expired the longest, Iíd like to see it sorted, and sorted properly, first.

As for the next comment, Baz if you think 2500 pilots with two separate contracts are going to be completely unified over every issue youíre bonkers. A little polite discourse is entirely appropriate, and necessary, to improve BOTH EAs. The company can love a bit of division if they like, but It shouldnít stop anyone from speaking up, because theyíd love that just as much.

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Old 15th Nov 2018, 23:41
  #117 (permalink)  
 
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I think AIPA will continue to drag the long haul contract backwards towards what you refer to as the inferior contract of shorthaul.
Serious?
The membership get the final vote, yes or no. And if you haven't realised yet, those that frequent the street on most days hate the pilot group with absolute aplomb.
So the AIPA negotiators have the most difficult job of all. And its amazing to think there are still those in longhaul who have no concept of cobham and network, who are members of the comm!
The reality is the game is completely controlled by qantas and until there is a significant shift in their mindset, their approach won't change. They hate our guts and will do everything in their powers to diminish our worth.
Standup! everyone says......
sadly qantas has everyone in their back pocket, so its a very hard road to toil upon. Good luck to the AIPA negotiating reps. I think they do a great job, considering the challenges they face.
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Old 16th Nov 2018, 01:09
  #118 (permalink)  
 
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Qantas are losing billions. Terminal decline.
The CEO is begging the government for money.
No executive bonuses are being paid.
No pilots are retiring.
Pilots are getting demoted.
There is a pilot surplus.
We are all doomed.
OH WAIT ..........................
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Old 16th Nov 2018, 02:51
  #119 (permalink)  
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Originally Posted by FightDeck View Post
Qantas are losing billions. Terminal decline.
The CEO is begging the government for money.
No executive bonuses are being paid.
No pilots are retiring.
Pilots are getting demoted.
There is a pilot surplus.
We are all doomed.
OH WAIT ..........................
We waited and guess what the solution was staring us in the face all the time. A new long haul EBA for the pilots saves the company a fortune in the long run. Donít need government money.
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Old 5th Dec 2018, 02:15
  #120 (permalink)  
 
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So, flying yesterday, one of the F/o's had been discussing with our esteemed ex AIPA President, who is now part of the Company negotiating "team". The Company's Position for bargaining for the Project Sunrise (makes me vomit just typing that) aircraft is 787 MINUS 10% on the same terms and conditions.
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