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QF Group possible Redundancy Numbers/Packages

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QF Group possible Redundancy Numbers/Packages

Old 29th Sep 2020, 22:13
  #1941 (permalink)  
 
Join Date: Feb 2000
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Originally Posted by Transition Layer View Post
Empty except for the belly full of freight, which they should be doing every bloody day!
Except that notion doesn't fit the AJ Pty Ltd mantra.
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Old 29th Sep 2020, 22:29
  #1942 (permalink)  
 
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Originally Posted by hotnhigh View Post
Except that notion doesn't fit the AJ Pty Ltd mantra.
sky cant fall in if you're getting revenue
better lockin the rights at the lowest price possible
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Old 29th Sep 2020, 23:30
  #1943 (permalink)  
 
Join Date: Dec 2004
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Originally Posted by midas View Post
Yes it is essential work. The Aircraft in storage require various checks.

The storage checks required depending on type are 3, 4, 7, 10, 14, 30, 60, 90 and 180 Day checks. Each higher level check requires the lower level checks to be completed as well in most situations.

There is more work now for the Line Stations than there was with all aircraft flying with not enough people on shift. With some aircraft requiring Return to Service checks as well which has an enormous amount of work.

This is the argument from the ALAEA. There has always been useful work for LAME’s.
The longer they remain in storage the bigger the checks become,lots of new requirements being added & airbus/boeing no longer interested in allowing it to be side tracked or deferred.
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Old 30th Sep 2020, 00:30
  #1944 (permalink)  
 
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Is this the game plan ?
The great reset ?
Bankruptcy ,massive restructuring and downsizing to suit the post Covid economy ,renegotiation of all contracts with none of the redundancy costs borne due to the impoverished trading conditions ?
Senior management bonus’ all ‘round !
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Old 30th Sep 2020, 00:54
  #1945 (permalink)  
 
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Originally Posted by blow.n.gasket View Post
Is this the game plan ?
The great reset ?
Bankruptcy ,massive restructuring and downsizing to suit the post Covid economy ,renegotiation of all contracts with none of the redundancy costs borne due to the impoverished trading conditions ?
Senior management bonus’ all ‘round !
No company wants to go into administration just before bankruptcy. That means the cash reserves have been whittled down to the bare minimum and there’s little left. After administrators are called in executive bonuses won’t be fruitful.

A company can downsize and restructure without calling in administrators. They aren’t going to exhaust their finances just so they can save a bit of money on pilot EBAs.

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Old 6th Oct 2020, 03:59
  #1946 (permalink)  
 
Join Date: Apr 2009
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Looks like the ALAEA lost this one
https://www.abc.net.au/news/2020-10-...neers/12734666
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Old 6th Oct 2020, 05:47
  #1947 (permalink)  
 
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Direct from the judgement


19. By mid-March 2020, as a result of:
(
i) the collapse in passenger travel;
(ii) measures implemented domestically and internationally to restrict movement;
(iii) the increasing concern that the effects of the COVID-19 pandemic would be sustained; and
(iv) uncertainty as to how long the effects of the COVID-19 pandemic would last,
This, to an albeit untrained legal eye, would suggest that ending of border closures alone would not be sufficient to end stand downs. A return to near normal passenger numbers and an ending of the pandemic would have to happen as well.
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Old 6th Oct 2020, 10:25
  #1948 (permalink)  
 
Join Date: Aug 2011
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Originally Posted by dr dre View Post
Direct from the judgement




This, to an albeit untrained legal eye, would suggest that ending of border closures alone would not be sufficient to end stand downs. A return to near normal passenger numbers and an ending of the pandemic would have to happen as well.
Not exactly. Normality will not be able to be returned until these provisions expire;

https://coronavirus.fairwork.gov.au/...own-directions

Then it will fall back on negotiated EA's and any variations.

I highlight this section from this act.

When a directions ends

A qualifying employer could give an eligible employee a JobKeeper enabling stand down direction from 9 April 2020 (when the JobKeeper provisions started). A JobKeeper enabling stand down direction remains in effect until the first of the following:
  • the employer stops being a qualifying employer
  • the employee subject who is stood down by the direction stops being an eligible employee
  • it is withdrawn, revoked or replaced (including by the Fair Work Commission, or
  • the direction stops applying on 29 March 2021.
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Old 6th Oct 2020, 11:01
  #1949 (permalink)  
 
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The decision related to the ability to stand down employees I believe, which Jobkeeper is a separate and exclusive issue. Jobkeeper wasn’t mentioned in the article
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Old 12th Oct 2020, 21:48
  #1950 (permalink)  
 
Join Date: May 2006
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Here’s a question for the legal eagles.
Say SYD-LAX opens up sometime in the future. It will at some stage.
Most probably QF will use the 787.
The same scenario for LHR. At some stage.
Does that give QF the right to still stand down 380 crew?
It’s a most likely scenario sometime in the future.
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Old 12th Oct 2020, 22:51
  #1951 (permalink)  
Keg

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Whilst ever demand is reduced as a result of Covid I suspect that Qantas is going to be able to mount an argument that the grounding of the A380 is beyond their control. I could see that line of argument holding up for at least 12 months after border restrictions are eased. Ultimately I think a judge is going to be ruling on this one.
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Old 12th Oct 2020, 23:05
  #1952 (permalink)  
 
Join Date: Aug 2005
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And it will be a question for the genuine legal eagles unless Qantas decide to magnanimously stand-up all pilots at that time.
I suspect it will be taken to court to determine if Qantas has any "…..other limitation of work for which the Company cannot be held responsible,….".
We can speculate all we like, but it almost certainly will come down to a decision by an independent adjudicator.
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Old 12th Oct 2020, 23:48
  #1953 (permalink)  
 
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What effect would retiring the A380s tomorrow have on QF’s Net Tangible Assets?
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Old 13th Oct 2020, 02:50
  #1954 (permalink)  
 
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Originally Posted by Jeps View Post
What effect would retiring the A380s tomorrow have on QF’s Net Tangible Assets?
well that depends on what they want to accomplish
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Old 13th Oct 2020, 03:53
  #1955 (permalink)  
 
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Originally Posted by Jeps View Post
What effect would retiring the A380s tomorrow have on QF’s Net Tangible Assets?
Well, it would set up the mother of all RINs.
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Old 13th Oct 2020, 04:46
  #1956 (permalink)  
 
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Has the makings of a most interesting game of musical chairs , doesn’t it !
Too many players and not enough chairs yet the music has already stopped yet nobody can dash for an empty chair because Alan has invoked a new rule “ play statues “ , until ?????
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Old 13th Oct 2020, 06:09
  #1957 (permalink)  
 
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There will be no RIN.

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Old 13th Oct 2020, 06:57
  #1958 (permalink)  
 
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Originally Posted by ROH111 View Post
There will be no RIN.
Please explain????
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Old 13th Oct 2020, 07:10
  #1959 (permalink)  
 
Join Date: Apr 2008
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There will be no RIN, not for a very long time.

Sorry, I missed a few words out there.

“COVID.... finances.... haven’t recovered adequately yet” all lines the execs will use to argue that a RIN will send the company broke.

Its not happening. Not for a very, very long time.
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Old 13th Oct 2020, 07:34
  #1960 (permalink)  
 
Join Date: Jun 2015
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Rubbish. Qantas said they will run a RIN on the 747.
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