Qantas buys Alliance
Originally Posted by parishiltons
Joyce is not spending real money. The transaction is funded by issuing new Qantas shares and exchanging them for Alliance shares.
In reality does it cost QF $0 to buy out QQ ?
Assuming QF net worth goes up by whatever QQ is worth, they could therefore issue a bunch of new QF shares to an equivalent value to ex QQ shareholders
Nooooo this can't be right....
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Originally Posted by Deano969
I sort of get what you are saying
In reality does it cost QF $0 to buy out QQ ?
Assuming QF net worth goes up by whatever QQ is worth, they could therefore issue a bunch of new QF shares to an equivalent value to ex QQ shareholders
Nooooo this can't be right....
In reality does it cost QF $0 to buy out QQ ?
Assuming QF net worth goes up by whatever QQ is worth, they could therefore issue a bunch of new QF shares to an equivalent value to ex QQ shareholders
Nooooo this can't be right....
1 June 1987 - 5 May 2022. Just short of 35 years before yet another Australian airline gets 'acquired' and will ultimately disappear into the annals of Australian aviation history.
Probably inevitable...........
Have you asked the employees and aircrew of the following present and past airlines whether they benefited by their employer airline being acquired by Qantas?
Probably inevitable...........
"Qantas had been approve by the ACCC and that is great move jobs"
- Qantas Freight (since 2001)
- Jetconnect (since 11-Jun-2001)
- Eastern Australia Airlines and Sunstate Airlines, operating under the QantasLink brand (since 2002)
- Jetstar Airways (since May-2004)
- Network Aviation (since Feb-2011)
- Express Freighters Australia
- Jetstar Asia (49%, since 2004)
- Jetstar Pacific (30%, since 2007)
- Jetstar Japan (33%, since 2012)
- Fiji Airways (46%)
- Alliance Airlines (19.9%, since 2019)
- Australia Asia Airlines
- Impulse Airlines
- Australian Airlines
- Hazelton
- Kendal
Well that will keep the F100’s flying for Atleast a few years.
It truly is an impressive plan to ensure QF frequent flyers can purchase a seat on an aircraft while making a substantial profit on the standard cost of a ticket vs the cost of the frequent flyer points.
long live Qantas loyalty… the most profitable entity in the group…. How to monetise good will. Amazing
It truly is an impressive plan to ensure QF frequent flyers can purchase a seat on an aircraft while making a substantial profit on the standard cost of a ticket vs the cost of the frequent flyer points.
long live Qantas loyalty… the most profitable entity in the group…. How to monetise good will. Amazing
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By issuing new shares, QAN is essentially diluting their share holders by increasing the amount of shares outstanding, which effectively reduces share price. However, if the transaction is EPS ( earnings per share) accretive, this will be deemed positive by the market and ultimately increase share price value once the potential cost savings/ efficencies ( * reduced competition) effects are realised.
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Originally Posted by tail wheel
1 June 1987 - 5 May 2022. Just short of 35 years before yet another Australian airline gets 'acquired' and will ultimately disappear into the annals of Australian aviation history.
Probably inevitable...........
Have you asked the employees and aircrew of the following present and past airlines whether they benefited by their employer airline being acquired by Qantas?
Probably inevitable...........
Have you asked the employees and aircrew of the following present and past airlines whether they benefited by their employer airline being acquired by Qantas?
- Qantas Freight (since 2001)
- Jetconnect (since 11-Jun-2001)
- Eastern Australia Airlines and Sunstate Airlines, operating under the QantasLink brand (since 2002)
- Jetstar Airways (since May-2004)
- Network Aviation (since Feb-2011)
- Express Freighters Australia
- Jetstar Asia (49%, since 2004)
- Jetstar Pacific (30%, since 2007)
- Jetstar Japan (33%, since 2012)
- Fiji Airways (46%)
- Alliance Airlines (19.9%, since 2019)
- Australia Asia Airlines
- Impulse Airlines
- Australian Airlines
- Hazelton
- Kendal
Tailwheel,
with due respect, half the airlines you have named were not acquired by Qantas.
Originally Posted by parishiltons
Have a look at the Scheme of Arrangement. Qantas will issue new shares and give Alliance shareholders one new Qantas share for each of their Alliance shares, which will then be cancelled. ...
$4.75 is the effective transaction price for each Alliance share.
Tailwheel,
with due respect, half the airlines you have named were not acquired by Qantas.
with due respect, half the airlines you have named were not acquired by Qantas.
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Originally Posted by tail wheel
Agreed. But that are all within the Qantas "family tree", directly, indirectly or by inheritance.
That is why they have Saabs and not Dash 8s.
You also missed Southern Airlines and ARAQ in your list.
The only other nitpick is that I don’t think Qf Freight ever owned aircraft or employed pilots. It was a business that contracted lease aircraft, and freight space on aircraft to move its freight around the world. Still does.
Last edited by wombat watcher; 7th May 2022 at 21:19.
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Originally Posted by wombat watcher
OK. Weren’t Kendall and Hazeltons acquired by Ansett, were caught up in Ansett’s demise and then acquired from the Receivers by the Singaporean to form Rex?
That is why they have Saabs and not Dash 8s.
You also missed Southern Airlines and ARAQ in your list.
The only other nitpick is that I don’t think Qf Freight ever owned aircraft or employed pilots. It was a business that contracted lease aircraft, and freight space on aircraft to move its freight around the world. Still does.
That is why they have Saabs and not Dash 8s.
You also missed Southern Airlines and ARAQ in your list.
The only other nitpick is that I don’t think Qf Freight ever owned aircraft or employed pilots. It was a business that contracted lease aircraft, and freight space on aircraft to move its freight around the world. Still does.
And the employees at Australian Airlines that is now rhe domestic arm of QF mainline would be just fine with their lot, I would think.
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Originally Posted by Wizofoz
Plus Impules airlines IS Jetstar, and Australia Asia was just a paper airline operating a Qantas 747SP with Qatas crew to get around Chinese anger at recognising Taiwan.
And the employees at Australian Airlines that is now rhe domestic arm of QF mainline would be just fine with their lot, I would think.
And the employees at Australian Airlines that is now rhe domestic arm of QF mainline would be just fine with their lot, I would think.
Australian Asia also operated a B767-300 in their colours after the SPs were sold.
Absolutely to your second sentence.
Also the former Impulse pilots were very pleased to come off their previous employment contracts with Gerry to become full time employees. IIRC.
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Originally Posted by wombat watcher
Also the former Impulse pilots were very pleased to come off their previous employment contracts with Gerry to become full time employees. IIRC.
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If you are looking for good job security, minor legal accountability, good wages and employment conditions and don't like working under bullying or intimidatory regimes then DO NOT repeat DO NOT enter the aviation industry that is unless you like wearing a uniform to air shows.
If you seek the above, suggest you head for the rail industry.
If you seek the above, suggest you head for the rail industry.
Heard the same (seen an email). Very interesting considering I personally know many pilots who have more than enough hours (but no Ejet rating) that applied 6 months ago and still havent heard anything.
One would hope the unions will step up and make noise that Alliance is importing pilots when theres many Australian pilots availble and out of work.
One would hope the unions will step up and make noise that Alliance is importing pilots when theres many Australian pilots availble and out of work.
Originally Posted by BO0M
Heard the same (seen an email). Very interesting considering I personally know many pilots who have more than enough hours (but no Ejet rating) that applied 6 months ago and still havent heard anything.
One would hope the unions will step up and make noise that Alliance is importing pilots when theres many Australian pilots availble and out of work.
One would hope the unions will step up and make noise that Alliance is importing pilots when theres many Australian pilots availble and out of work.
Originally Posted by WannaBeBiggles
I know of type rated, Australian based pilots who have yet to get as much as an interview...
