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

VA pilots worried about employment 2021

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

VA pilots worried about employment 2021

Old 3rd Feb 2020, 02:22
  #1 (permalink)  
Thread Starter
 
Join Date: Feb 2020
Location: Qld
Posts: 1
VA pilots worried about employment 2021

Spoke to number of VA pilots recently & all seemed worried about their employment in about 18 months, ie. that VA might close down, while spoke to a wholesaler about going to USA & asked why they didnít sell VA & they said VA are almost impossible to deal with.

The wholesaler sells 1000s of seats to USA a year & yet VA donít even bother to talk to them.

Wholesaler gave up on VA.
MAYDAYVA is offline  
Old 3rd Feb 2020, 10:29
  #2 (permalink)  
 
Join Date: Oct 2019
Location: Sunny Oz
Posts: 24
I have no affiliation with VA so I don't know them intimately but as a long-term external observer I would think that VA need more time.

My 'spies' tell me that they are still working out what the hell is happening after the change of CEO. They are trying to unwind a heap of commitments (both internal and external) that were just ridiculous, before they try and focus on actually making SOLID profit.

Surely now is the best time to try and fix things up - Qantas is weak. Far weaker than most realise.
BlackPanther is offline  
Old 3rd Feb 2020, 11:12
  #3 (permalink)  
 
Join Date: Apr 2010
Location: Asia
Posts: 784
Why did John spend so much cash for no obvious return? On so many parts of the business? Bizarre.

Its a CFOís absolute nightmare.

PS will get there. Going to take time to unravel everything. They keep finding stuff along the way.
wheels_down is offline  
Old 3rd Feb 2020, 12:11
  #4 (permalink)  
short flights long nights
 
Join Date: Aug 1999
Posts: 3,009
Originally Posted by BlackPanther View Post
I have no affiliation with VA so I don't know them intimately but as a long-term external observer I would think that VA need more time.

My 'spies' tell me that they are still working out what the hell is happening after the change of CEO. They are trying to unwind a heap of commitments (both internal and external) that were just ridiculous, before they try and focus on actually making SOLID profit.

Surely now is the best time to try and fix things up - Qantas is weak. Far weaker than most realise.

Alan gets 24 mill.. how could Qantas be weak under is leadership?
SOPS is online now  
Old 3rd Feb 2020, 19:35
  #5 (permalink)  
 
Join Date: Aug 2017
Location: In the Cab
Posts: 49
IMHO - How the board allowed this to happen and remain in their job is questionable.

They didn’t appear to try and contain the spending habits and decisions
Double_Clutch is offline  
Old 4th Feb 2020, 00:20
  #6 (permalink)  
 
Join Date: Jun 2008
Location: Kichin
Posts: 438
Buk buk buk buk.

The price/capacity war, outsourcing/giving control of your product to someone else and IR brutality chickens are all coming home to roost. The CEOs and boards of all Australian airlines have lied to investors about the ďamazingĒ profitability for so long that they are now in deep doodoo if they donít deliver. No one is steering the ship anymore and the service is quite honestly crap. All we need is a terrible disaster and the circle will be complete.
gordonfvckingramsay is online now  
Old 4th Feb 2020, 00:44
  #7 (permalink)  
 
Join Date: Sep 2018
Location: Melbourne
Posts: 678
Australian Airlines have been bumbling along for many years, from one cock up to another! Investors continue to flock in as the Airlines water down the perch!
It's entertaining for sure!-)
machtuk is offline  
Old 4th Feb 2020, 01:22
  #8 (permalink)  
 
Join Date: Oct 2013
Location: New Zealand
Age: 67
Posts: 0
The truth

Investing in Virgin is as good as flushing your money down the crapper. From the first day they listed on the stock exchange the price started heading South. The only ones to make many many tens of millions out of the float were Branson, Godfrey and Sherrard. A couple of other mates such as Highfield and Gill and a few others who went to school with Godfrey also made a few million each. All of this took place mostly behind the scenes while naieve staff blindly followed Richard the piedpiper. Share price has never recovered from Godfrey incompetence, never recovered from Borghetti incompetence and today you still have an unworkable long term business model. Iím not hearing any favourable information coming from the Village idiots regarding the performance of Scurrah who inherited a steaming pile of shit. A poison chalice of epic proportions. The business is, has been and always will be a lemon. One serious accident, a massive oil spike due to a war, or a disease outbreak (which I mendtioned on a different thread well before Caronavirus came about) and itís Ďgame overí for Virgin Australia, not Ďgame changerí. Letís see how Caronavirus tests their ability to cope with a hit to their war chest. Good luck. If what happened to Qantas during the SARS outbreak happens to Virgin with the Caronavirus outbreak, itís all over. The company has no flesh on its bones and nothing behind it help it survive a major hit to the aviation industry.








Paragraph377 is offline  
Old 4th Feb 2020, 01:23
  #9 (permalink)  
 
Join Date: Mar 2010
Location: brisbane
Age: 36
Posts: 83
I think the most worry is coming from Tiger pilots at the moment.

Downsizing.....
Losing routes......
Chief pilot leaving......

Still being told more 737s will be coming in 2021 when we all know that there is no chance of VA getting their 737-10s by then, so no chance of Tiger getting those hand me downs.
davidclarke is offline  
Old 4th Feb 2020, 01:38
  #10 (permalink)  
 
Join Date: Jun 2001
Location: FNQ ... It's Permanent!
Posts: 3,499
Originally Posted by MAYDAYVA View Post
Spoke to number of VA pilots recently
How do you do that? Do you stalk coffee shops or crew rooms?
Capt Fathom is online now  
Old 4th Feb 2020, 01:58
  #11 (permalink)  
 
Join Date: Dec 2008
Location: Australia
Posts: 7
Love the entertainment PPRuNe provides on layovers
speedbird983 is offline  
Old 4th Feb 2020, 04:10
  #12 (permalink)  
 
Join Date: Jul 2009
Location: Australia
Posts: 667
Originally Posted by MAYDAYVA View Post
Spoke to number of VA pilots recently & all seemed worried about their employment in about 18 months, ie. that VA might close down, while spoke to a wholesaler about going to USA & asked why they didnít sell VA & they said VA are almost impossible to deal with.

The wholesaler sells 1000s of seats to USA a year & yet VA donít even bother to talk to them.

Wholesaler gave up on VA.
Not an unusual attitude, having had personal experience I can attest that at least one of the reasons Air NZ gave the flick to them was because whenever VA had a problem they expected NZ to drop everything and help (such as when $$$ were needed) but goodness forbid if NZ had a diversion and needed to use standard industry processes for exchange of passengers.

Misconceptions about how FIMs work (based on utter BS and assumption) and a horrid system that is so bad it makes the staff look incompetent, meant NZ passengers sometimes got sent back and forward between VA and NZ several times. In the end, in most circumstances I think it would be fair to say, NZ just gave up and sent the passengers to QF who processed them immediately and then worked out the paperwork later - like 'real' airlines do.
AerialPerspective is offline  
Old 4th Feb 2020, 04:12
  #13 (permalink)  
 
Join Date: Jul 2009
Location: Australia
Posts: 667
Originally Posted by wheels_down View Post
Why did John spend so much cash for no obvious return? On so many parts of the business? Bizarre.

Its a CFOís absolute nightmare.

PS will get there. Going to take time to unravel everything. They keep finding stuff along the way.
And why the hell was he awarded an AM for 'services to aviation' FFS...
AerialPerspective is offline  
Old 4th Feb 2020, 05:02
  #14 (permalink)  
 
Join Date: Aug 2009
Location: Australia
Posts: 449
Virgin Australia isn't going anywhere. They're cashflow positive. They can service their debts. Cashflow is more important than profit. They're both important - but cashflow rules. They have free cash. So they're not going anywhere. They're holding back capital spend and 'clearing the decks'. They're making a number of strategic decisions that will reshape the carrier - and the carrier will be a different one within the next 12 months - but it will still be here none-the-less. It will be fine. The market can support both.

But... there may be less demand for pilots with any fleet adjustments they make.

EBIT is stil trending in the right direction...
T-Vasis is offline  
Old 4th Feb 2020, 05:27
  #15 (permalink)  
 
Join Date: Jun 2007
Location: deepest darkest recess of your mind
Posts: 1,014
You keep injecting some common sense and making statements like that around here T Vasis, and you'll get burnt at the stake, you heretic!!
porch monkey is offline  
Old 4th Feb 2020, 06:02
  #16 (permalink)  
 
Join Date: Aug 2002
Location: no fixed address
Posts: 166
Agreed... very well said. Just wish it was said in a slightly larger font for those of us needing glasses, but too proud to get some.
VH-ABC is offline  
Old 4th Feb 2020, 09:36
  #17 (permalink)  
 
Join Date: Apr 2019
Location: Australia
Posts: 170
Originally Posted by VH-ABC View Post
Agreed... very well said. Just wish it was said in a slightly larger font for those of us needing glasses, but too proud to get some.
Thats the Ďpretending to do work but really typing out a response to more important issuesí font. I have utilised it often.
Stickshift3000 is offline  
Old 4th Feb 2020, 09:45
  #18 (permalink)  
 
Join Date: Aug 2009
Location: Australia
Posts: 449
I'm just fond of Arial...
T-Vasis is offline  
Old 4th Feb 2020, 09:57
  #19 (permalink)  
 
Join Date: Aug 2018
Location: Not far away
Posts: 41
Cue the ship jumpers....
Mr Google Head is offline  
Old 4th Feb 2020, 10:54
  #20 (permalink)  
 
Join Date: Dec 2006
Location: australia
Posts: 659
Jumping ship to where....China?
galdian is online now  

Thread Tools
Search this Thread

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

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.