Virgin 3.1
Looks as though savings from EA 'adjustments' are going to a good cause.
Margin Call - The Australian
Margin Call - The Australian
I think Scurrah was probably on the right path but unfortunately his predecessor had set fire to the house and it burned down once PS entered - the only solution was someone like Bain to come in and it was always going to get ugly. But my understanding is that Jayne has virtually cleaned out ALL but one previous executive (and he was probably only kept so there was someone who knew where the bodies were buried) and to my mind, that sort of clean out was LONG, LONG overdue.
The company's previous management was led by a narcissist who thought his sh-t didn't stink but presided over billions in expenditure and zero profit in 10 years and a management made up largely of yes people and more bloody 'advisors' and 'leaders' of this and that than you could poke a stick at, all like a flock of seagulls fighting for a hot chip.
I note the airline is still operating despite losing all those 'essential' advisors at every level. Most of them were virtually straight out of high school and many functionally illiterate, writing garbage such as thinking the plural of aircraft is 'aircrafts' and working the regulation 53 weasel words into every sentence 'reaching out' and the rest of the vomit inducing rubbish. 9/10ths of them would struggle to articulate or recognise the difference between a 737 and an A320. The company was an utter mess and beset with archaic rules that thought it was OK for a CEO to sit in J/Class but not a Pilot, paxing across the country to operate the return sector with 200 people onboard.
The Bain era is probably an essential 'cleansing' that had to happen for the company to have any chance to reset.
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I heard December/January for more awards. Bunch of awards went out to ADL base yesterday. Check captains said they are busy till July at least next year.
Nothing in pipeline for widebody as of yet. Or more correctly I haven’t heard anything.
I’m sure that could change in a heartbeat depending on how Australia goes on opening up to the world and whether that sticks. Might be better to sit on ones hands and let another winter pass. We could do a 180 in this country for all we know
Nothing in pipeline for widebody as of yet. Or more correctly I haven’t heard anything.
I’m sure that could change in a heartbeat depending on how Australia goes on opening up to the world and whether that sticks. Might be better to sit on ones hands and let another winter pass. We could do a 180 in this country for all we know
VA social media just posted on the TikTok of their new economy seats being installed on the ex-MI/SQ aircraft.
Looks like the 'new' economy seats are a off the shelf slimline design typically found on LCCs, with USB ports fitted and a place to put your tablet on the back.
Looks like the 'new' economy seats are a off the shelf slimline design typically found on LCCs, with USB ports fitted and a place to put your tablet on the back.
Very rare to see a airline reducing seat count also, normally it’s cram cram cram.
I assume they are what remains of the Silkair NG fleet.
In a couple of years that puts the 737 fleet at 110-120 odd aircraft. Rex will just become some tiny irrelevant operation, bit hard to go up against this and make money with a few token machines.
Great news for many especially those on fleets like the ATR who sort of didn’t expect a chance until later this decade.
In a couple of years that puts the 737 fleet at 110-120 odd aircraft. Rex will just become some tiny irrelevant operation, bit hard to go up against this and make money with a few token machines.
Great news for many especially those on fleets like the ATR who sort of didn’t expect a chance until later this decade.
I have to wonder what they will do with 110 airframes, with QF and J* going down the same road of lots of narrow bodies there's going to be no slots anywhere, or is that the play? As others have said the markets around Australia for particular aircraft sizes are limited, and the short/medium haul international routes all have protectionist governments who are not going to let 50 flights a day swamp their local markets.
I assume they are what remains of the Silkair NG fleet.
In a couple of years that puts the 737 fleet at 110-120 odd aircraft. Rex will just become some tiny irrelevant operation, bit hard to go up against this and make money with a few token machines.
Great news for many especially those on fleets like the ATR who sort of didn’t expect a chance until later this decade.
In a couple of years that puts the 737 fleet at 110-120 odd aircraft. Rex will just become some tiny irrelevant operation, bit hard to go up against this and make money with a few token machines.
Great news for many especially those on fleets like the ATR who sort of didn’t expect a chance until later this decade.
I have to wonder what they will do with 110 airframes, with QF and J* going down the same road of lots of narrow bodies there's going to be no slots anywhere, or is that the play? As others have said the markets around Australia for particular aircraft sizes are limited, and the short/medium haul international routes all have protectionist governments who are not going to let 50 flights a day swamp their local markets.
800 pilots have a right of return for 5yrs. All a little complex
The answer is yes and no. If a pilot bids for a position and then turns it down they are on an administrative freeze for 18months (locked out).
Also some pilots are working elsewhere and may have decided not to come back. Others have taken the redundancy and moved on. Others will be restricted by what bases are on offer. Ex VAINZ pilots will be required to move to Australia. So while there is 800 pilots in a pool the company can tap on the shoulder for the next 5yrs not all will take up the offer. The important date is October 2024 for any pilots that may be wishing to turn down a role as if they turn down a role after that date they would effectively be locked out for 18months and fall of the list come April 2026. It would interesting to see if Virgin re offers a position or would externally recruit.
Realistically I can’t see external positions being offered until after the 5yrs. 800 pilots is a lot of growth and retirements regardless of the mechanics involved with right of return.
800 pilots have a right of return for 5yrs. All a little complex
The answer is yes and no. If a pilot bids for a position and then turns it down they are on an administrative freeze for 18months (locked out).
Also some pilots are working elsewhere and may have decided not to come back. Others have taken the redundancy and moved on. Others will be restricted by what bases are on offer. Ex VAINZ pilots will be required to move to Australia. So while there is 800 pilots in a pool the company can tap on the shoulder for the next 5yrs not all will take up the offer. The important date is October 2024 for any pilots that may be wishing to turn down a role as if they turn down a role after that date they would effectively be locked out for 18months and fall of the list come April 2026. It would interesting to see if Virgin re offers a position or would externally recruit.
Realistically I can’t see external positions being offered until after the 5yrs. 800 pilots is a lot of growth and retirements regardless of the mechanics involved with right of return.
The answer is yes and no. If a pilot bids for a position and then turns it down they are on an administrative freeze for 18months (locked out).
Also some pilots are working elsewhere and may have decided not to come back. Others have taken the redundancy and moved on. Others will be restricted by what bases are on offer. Ex VAINZ pilots will be required to move to Australia. So while there is 800 pilots in a pool the company can tap on the shoulder for the next 5yrs not all will take up the offer. The important date is October 2024 for any pilots that may be wishing to turn down a role as if they turn down a role after that date they would effectively be locked out for 18months and fall of the list come April 2026. It would interesting to see if Virgin re offers a position or would externally recruit.
Realistically I can’t see external positions being offered until after the 5yrs. 800 pilots is a lot of growth and retirements regardless of the mechanics involved with right of return.
Those returning pilots maintain their GDOJ (seniority) number if they return prior to April ‘26.
After that date, all those pilots lose their GDOJ number, but still hold priority to return over an external applicant for a further 5 years except when the pilot does return in that case, they will have lost their seniority and now be at the bottom of the list for promotion or base transfer.
And in related news.
https://www.theaustralian.com.au/bus...6dfb44bd341189
Virgin Australia’s chief of corporate affairs, Moksha Watts, quits after behaviour review
By ROBYN IRONSIDE, AVIATION WRITER
NOVEMBER 21, 2021
Virgin Australia’s chief of corporate affairs has quit less than a year into the role, amid an internal review of her workplace behaviour.
CEO Jayne Hrdlicka announced the resignation of Moksha Watts to staff on Sunday in an internal memo, which was seen by The Australian.
Ms Hrdlicka noted Ms Watts had taken the decision “in the midst of an ongoing internal review about her workplace behaviour”.
“She felt it was in her best interests and the best interests of the company to resign,” wrote Ms Hrdlicka.
“Moksha joined Virgin Australia in March 2021 and has done a significant and valued job with governments, key stakeholders and crafting the company’s sustainability policy.”
Ms Watts was one of six appointments to Virgin’s “executive leadership team” soon after the sale of the airline to US private equity firm Bain Capital.
She joined Virgin Australia after a seven-month stint with The Arnott’s Group, and previously spent four years with Qantas and Jetstar, where she got to know Ms Hrdlicka, a former Jetstar CEO.
The University of Sydney arts and science graduate also worked as an adviser to former Labor prime minister Kevin Rudd in 2013, following stints with Anthony Albanese and Jenny Macklin.
Ms Watts’ resignation from Virgin came after a significant turnover of staff in the corporate affairs department.
Since the sale to Bain Capital only one employee remained in the same role, with at least five others leaving the airline.
Virgin’s chief people officer Lisa Burquest would takeover Ms Watts’ responsibilities immediately, Ms Hrdlicka said in her message to staff.
“At Virgin Australia we work hard to ensure our workplace is a safe and positive workplace for everyone and we strive to live our values every day,” said Ms Hrdlicka.
“Grievances of any nature will be taken seriously and we follow due process in investigating in order to be fair to everyone involved.”
By ROBYN IRONSIDE, AVIATION WRITER
NOVEMBER 21, 2021
Virgin Australia’s chief of corporate affairs has quit less than a year into the role, amid an internal review of her workplace behaviour.
CEO Jayne Hrdlicka announced the resignation of Moksha Watts to staff on Sunday in an internal memo, which was seen by The Australian.
Ms Hrdlicka noted Ms Watts had taken the decision “in the midst of an ongoing internal review about her workplace behaviour”.
“She felt it was in her best interests and the best interests of the company to resign,” wrote Ms Hrdlicka.
“Moksha joined Virgin Australia in March 2021 and has done a significant and valued job with governments, key stakeholders and crafting the company’s sustainability policy.”
Ms Watts was one of six appointments to Virgin’s “executive leadership team” soon after the sale of the airline to US private equity firm Bain Capital.
She joined Virgin Australia after a seven-month stint with The Arnott’s Group, and previously spent four years with Qantas and Jetstar, where she got to know Ms Hrdlicka, a former Jetstar CEO.
The University of Sydney arts and science graduate also worked as an adviser to former Labor prime minister Kevin Rudd in 2013, following stints with Anthony Albanese and Jenny Macklin.
Ms Watts’ resignation from Virgin came after a significant turnover of staff in the corporate affairs department.
Since the sale to Bain Capital only one employee remained in the same role, with at least five others leaving the airline.
Virgin’s chief people officer Lisa Burquest would takeover Ms Watts’ responsibilities immediately, Ms Hrdlicka said in her message to staff.
“At Virgin Australia we work hard to ensure our workplace is a safe and positive workplace for everyone and we strive to live our values every day,” said Ms Hrdlicka.
“Grievances of any nature will be taken seriously and we follow due process in investigating in order to be fair to everyone involved.”
They need someone like that in Flight Ops Management. Send them in, everyone leaves, and finally for once they can start fresh again. Finally Finally Finally. Looooooong Overdue. We live in hope.