QF Group possible Redundancy Numbers/Packages
QF can move costs around at will. It can justify 6 weeks leave a year per pilot as an expense. 6 weeks leave is cheaper than making guys CR and then the churn in training to backfill in the future. 1 seat change is 4-6 seat changes & 2-3 years of paying a pilots to be non productive.
When a suitable time presents, it’ll write the costs off. For instance it could hold the cost of the fleet higher and use that gap for wages, then write the fleet off at a later date.
The staff will be stood down until required. Natural attrition will sort out the numbers through retirements and medical retirements. I don’t even think there will be VR packages.
When a suitable time presents, it’ll write the costs off. For instance it could hold the cost of the fleet higher and use that gap for wages, then write the fleet off at a later date.
The staff will be stood down until required. Natural attrition will sort out the numbers through retirements and medical retirements. I don’t even think there will be VR packages.
Nunc est bibendum
Approaching DPA I’ve planned for a few different outcomes and contingencies. As I get there I say ‘go’ on the required option. This is the same in terms of looking at the company response to Covid. The significant difference being that there are multiple decision points along this COVID journey including ‘sit on your hands’. In the next week or so we reach one of them. There are more to come as more information comes in.
Well 6 A380s parked up and written off at a future date at a convenient time should sort that out. 12 is golden.
You also saw something similar during the record loss. It was basically manufactured by holding the fleet value high and pumping the write offs into one FY. Plus a lot of waste was cut and here we are today.
Slightly off topic but
That is the easiest and simplest way of describing the purpose/ use of DPA I’ve heard. For some reason some pilots make DPA complex but that sums up its simplicity well.
Approaching DPA I’ve planned for a few different outcomes and contingencies. As I get there I say ‘go’ on the required option. This is the same in terms of looking at the company response to Covid.
In hindsight, yes. But back in the day they sure looked like the future of aviation. Too bad Airbus overpromised on reliability and efficiency, but that was only slightly predictable back then.
I think every Qf pilot would recall 777's were available....
The border closures are going to have to remain until at least India and China are no longer out of control. The reason being that the pandemic is triggering massive migrations of those who can afford to escape to relative safety. We will simply be overwhelmed in Australia if we opened our borders any time soon.
The students will still be required to quarantine in a hotel at the University's expense and the cost of the flight will be covered by the student so not really open slather.
ANU vice-chancellor Brian Schmidt said while the students would need to be quarantined for two weeks in hotels — with costs divided between students, the universities and the ACT government…
QF if they are considering and have the Nuts for it could possibly make all long haul crews redundant pay them out and absorb the loss in future by reemploying as required on new lower paid contracts so in 5 to 10 years they are streaks ahead of leaving the status Quo .
Nunc est bibendum
QF if they are considering and have the Nuts for it could possibly make all long haul crews redundant pay them out and absorb the loss in future by reemploying as required on new lower paid contracts so in 5 to 10 years they are streaks ahead of leaving the status Quo .
The Government has shown throughout this crisis that they don’t give a sh1t about aviation in this country or the jobs associated with it. The cancellation of the minimum International network flown by Qantas and Virgin just one example. Now the Middle Eastern mobs are increasing capacity (running at a loss), but no more subsidies for any International flights flown by QF or VA.
Because other companies do it cheaper? If you try and enforce an Australian only airline then every other country will retaliate and then this thing continues on even longer that COVID. Would you go overseas if that country said you can only fly our airline or am I pitching this to high? If it was a government paid charter different story but the students will pay the airline bills. Simples
It is not the government paying the bills, it is the TAXPAYER. Everybody wants the taxpayer to pay their bills at the moment it seems. If you have kids they will be very old before they see the bill paid back for this. And what happens in the meantime if another black swan takes flight? Not everything can be saved including your job, welcome to the new reality.
Now I would have liked the government to bail out the airlines, but I understand it is what it is. Now again before people go off on their completely uneducated tangents the government has been paying jobkeeper to Qantas, VA, Rex etc and some support for domestic and international flights. I’d love to see more, but it is already a lot in terms of TAXPAYERS money. It is all going on a credit card, not from a savings account. Do we stop paying for hospitals because every pilot should keep his job?
Speaking as a pilot who lost his job because of Covid who doesn’t get Jobkeeper or jobseeker.
It is not the government paying the bills, it is the TAXPAYER. Everybody wants the taxpayer to pay their bills at the moment it seems. If you have kids they will be very old before they see the bill paid back for this. And what happens in the meantime if another black swan takes flight? Not everything can be saved including your job, welcome to the new reality.
Now I would have liked the government to bail out the airlines, but I understand it is what it is. Now again before people go off on their completely uneducated tangents the government has been paying jobkeeper to Qantas, VA, Rex etc and some support for domestic and international flights. I’d love to see more, but it is already a lot in terms of TAXPAYERS money. It is all going on a credit card, not from a savings account. Do we stop paying for hospitals because every pilot should keep his job?
Speaking as a pilot who lost his job because of Covid who doesn’t get Jobkeeper or jobseeker.
Last edited by ozbiggles; 18th Jun 2020 at 02:22.
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Keg, I appreciate you are an elder statesman of Prune, but it is a new world. AIPA/AFAP contracts will be thrown out the window. AJ has grounded the airline and will do it again. I believe it is goodbye seniority, goodbye 4 engines. Adjust to the new world. IMHO, neither AIPA or AFAP will fight for seniority.