How good is Alliance!!!!
Maybe an opportunity for some guys to get back in the air.....]
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Alliance shares will end the day up 10% making the 12 month return up about 71%. Qantas are down 27.8% for the past 12 months. Virgin well they dropped off the planet.
Hopefully VA and TT guys and gals who actually have no flying jobs rather than those that are on standdown with flying jobs to go back to eventually.
There's also a chance that some of Qantas' international pilots and crew will work on the nimble 94-seat jets. "Importantly, Alliance is keen to provide the opportunity for our international pilots and cabin crew to operate the E190s given it will be some time before overseas markets fully recover," Gissing says.
My bolding.
There are still a large number of ex-VA Ejet pilots that are either still stood down, on LWOP (doing non flying work) or redundant that are still waiting for a call from Alliance. Why would there be a need to look at non-endorsed pilots?
There is no Ejet SIM in Australia as yet and when it gets here Alliance will not have the capability or approvals to do Type ratings so for those reasons alone why would they take non-type rated pilots.
Maybe nothing is actually being offered and the comments regarding international crew are nothing more than an obvious statement that a number of QF pilots are not working for the foreseeable future and may choose to apply for a position through the normal process.
Maybe people on here are reading too much into it and thinking such comments mean QF will be arranging placements. I don't see that written anywhere.
Maybe people on here are reading too much into it and thinking such comments mean QF will be arranging placements. I don't see that written anywhere.
Sure, but this time it seems it’s being offered. Time will tell if it’s a true offer or just words.
It would be kinda funny as it's such a GA thing to say from a company, but since people have careers on the line here it's probably best not to trivialised it. Given it's a new type I would suggest that there will be a few type rated folks required.
I think you will see that it is CEO John Gissing saying he is keen for Qantas International pilots currently not working to get an offer as quoted in the article! So there may be more to it!!
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ex the ACCC: Investigation into Qantas’s stake in Alliance Airlines continues....
This one (ex the ACCC)- Done, Dusted and of Nil relevance....????, Now.
Just a question....???, is all.
Rgds
S28- BE
an incomplete Extract (with URL's and plastic Cutlery removed...):
The ACCC is continuing to investigate Qantas Airways’ (Qantas) (ASX:QAN) acquisition of a 19.9 per cent stake in Alliance Aviation (Alliance) (ASX:AQZ) during these uncertain times in the aviation industry.
Qantas acquired a 19.9 per cent interest in Alliance last year, becoming Alliance’s single biggest shareholder. On 1 August 2019, the ACCC issued a statement of issues....
The ACCC is providing this update in response to queries by various stakeholders. The Australian aviation industry is in a state of major upheaval and now, more than ever, we are concerned that competition by smaller airlines is not hindered. We will continue to seek information from market participants to gauge any impacts on competition arising from Qantas’s stake in Alliance.
Alliance is an important and close competitor to Qantas, particularly in regional markets and for fly-in fly-out services for mining customers. Alliance, through a codeshare arrangement with Virgin, is also Qantas’s only competitor on passenger routes between Brisbane and the important regional centres of Bundaberg and Gladstone.
“Qantas’s decision to complete the acquisition of the 19.9 per cent stake in Alliance without first seeking ACCC clearance means this is an enforcement investigation rather than a standard merger review,” ACCC Chair Rod Sims said.
“The Australian aviation industry remains highly concentrated and it is crucial that competition provided by smaller airlines is maintained long-term.”
“The ACCC has been closely scrutinising the effects of the acquisition of this shareholding by Qantas. Acquiring a strategic stake in a close competitor in such a concentrated market raises clear competition concerns,” Mr Sims said.
The ACCC’s investigation is focussed on the competitive dynamics between Qantas and Alliance, examining whether Qantas’s stake affects Alliance’s ability to raise funds, consider takeovers or participate in commercial ventures, and whether Qantas is attempting to exert influence on Alliance’s decision-making or operations.
“We will consider enforcement action if there is evidence that the Qantas shareholding is compromising Alliance’s ability to be a strong competitor to Qantas, now and in the future,” Mr Sims said.
Qantas has stated publicly that it intends to seek regulatory approval to build on its current shareholding, with a longer-term view of taking a majority position in Alliance.
“Our current view is that any further increase in Qantas’s stake in Alliance is very likely to raise significant competition concerns under the Competition and Consumer Act,” Mr Sims said.
Background
On 1 February 2019, Qantas announced it had acquired a 19.9 per cent shareholding in Alliance, and that it intended to subsequently seek regulatory approval to acquire a majority position. The current market value of the shareholding is estimated to be over $60 million.
Brisbane-based Alliance supplies charter air services to corporate customers in Queensland, Northern Territory and Western Australia; mainly mining and resources companies requiring flights for their fly-in fly-out workforces. Alliance competes strongly with Qantas for this, in its own right or in cooperation with Virgin under the Charter Alliance Agreement.
Alliance and Qantas are also the only operators for regular passenger transport routes between Brisbane and the important regional centres of Bundaberg and Gladstone.
Release number:
107/20
ACCC Infocentre: Use this form to ....
Media enquiries:
Media team - 1300 138 917
Just a question....???, is all.
Rgds
S28- BE
an incomplete Extract (with URL's and plastic Cutlery removed...):
Investigation into Qantas’s stake in Alliance Airlines continues
1 June 2020The ACCC is continuing to investigate Qantas Airways’ (Qantas) (ASX:QAN) acquisition of a 19.9 per cent stake in Alliance Aviation (Alliance) (ASX:AQZ) during these uncertain times in the aviation industry.
Qantas acquired a 19.9 per cent interest in Alliance last year, becoming Alliance’s single biggest shareholder. On 1 August 2019, the ACCC issued a statement of issues....
The ACCC is providing this update in response to queries by various stakeholders. The Australian aviation industry is in a state of major upheaval and now, more than ever, we are concerned that competition by smaller airlines is not hindered. We will continue to seek information from market participants to gauge any impacts on competition arising from Qantas’s stake in Alliance.
Alliance is an important and close competitor to Qantas, particularly in regional markets and for fly-in fly-out services for mining customers. Alliance, through a codeshare arrangement with Virgin, is also Qantas’s only competitor on passenger routes between Brisbane and the important regional centres of Bundaberg and Gladstone.
“Qantas’s decision to complete the acquisition of the 19.9 per cent stake in Alliance without first seeking ACCC clearance means this is an enforcement investigation rather than a standard merger review,” ACCC Chair Rod Sims said.
“The Australian aviation industry remains highly concentrated and it is crucial that competition provided by smaller airlines is maintained long-term.”
“The ACCC has been closely scrutinising the effects of the acquisition of this shareholding by Qantas. Acquiring a strategic stake in a close competitor in such a concentrated market raises clear competition concerns,” Mr Sims said.
The ACCC’s investigation is focussed on the competitive dynamics between Qantas and Alliance, examining whether Qantas’s stake affects Alliance’s ability to raise funds, consider takeovers or participate in commercial ventures, and whether Qantas is attempting to exert influence on Alliance’s decision-making or operations.
“We will consider enforcement action if there is evidence that the Qantas shareholding is compromising Alliance’s ability to be a strong competitor to Qantas, now and in the future,” Mr Sims said.
Qantas has stated publicly that it intends to seek regulatory approval to build on its current shareholding, with a longer-term view of taking a majority position in Alliance.
“Our current view is that any further increase in Qantas’s stake in Alliance is very likely to raise significant competition concerns under the Competition and Consumer Act,” Mr Sims said.
Background
On 1 February 2019, Qantas announced it had acquired a 19.9 per cent shareholding in Alliance, and that it intended to subsequently seek regulatory approval to acquire a majority position. The current market value of the shareholding is estimated to be over $60 million.
Brisbane-based Alliance supplies charter air services to corporate customers in Queensland, Northern Territory and Western Australia; mainly mining and resources companies requiring flights for their fly-in fly-out workforces. Alliance competes strongly with Qantas for this, in its own right or in cooperation with Virgin under the Charter Alliance Agreement.
Alliance and Qantas are also the only operators for regular passenger transport routes between Brisbane and the important regional centres of Bundaberg and Gladstone.
Release number:
107/20
ACCC Infocentre: Use this form to ....
Media enquiries:
Media team - 1300 138 917
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Under his watch -
Cobham expanded
NAA expanded
Jitconnect AOC dissolved
QLink ZERO opportunities, but multiple base closures
Let’s not mention all the false and broken promises at Jetstar
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Exactly!! Use the QF international guys as an absolute last resort. Give the jobs to pilots who need a job and will stay for the long term. QF pilots have been spoilt for too long, let them take the hit this time and invest in people who will stay.
