National carrier Designation
 

At least 51% australian owned.
If QF fell over VB could probably qualify as a national carrier.

According to Aviation Centre: And there is nothing compelling Qantas to keep the jobs in Australia. :{

I mean no disrespect to any QF employee. There are just no opportunities anymore in Qantas. The fresh talent is roting at the bottom whilst those rank and file at the top defend the system...

kellykelpie,

would you care to be more specific......?

Just look across the road and see how long it takes to get a promotion...

Strong rumour that Jetstar is to anounce a tieup with AirAsia next week. Wouldnt that be interesting.

Basically there are three possible scenarios:

1. QANTAS sorts itself out and returns to profitability.

2. QANTAS doesn't sort itself out and goes bust.

3. Government steps in with a bail out, probably with unpopular conditions attached.

Time frame depends on how much cash is in the bank and the rate at which it's burning up.

I don't know where you get those ideas from but Qantas is profitable, it was profitable last year, it would've been much more profitable if the management hadn't engaged in cartel practices in the freight division and received multi hundred million dollar fines for their behavior.

The fancy book juggling that went on to make jetstar look like the group saviour was just that, juggling.

It is tiger and virgin blue and singapore airlines and cathay pacific and emirates and delta and almost every other carrier flying around today in, into and out of australia that are the ones losing money, not Qantas.

And you think Qantas isn't subsidising jetstar operations ? If jetstar can't make money with the silver spoon they're handed everything on there is a major major problem.

As previously stated QF is profitable.

Do you really believe an airline on the brink of going bust would be investing big dollars on the operation. $40M for the new check-in & bag tag facilities in Perth for example.

Why the need for a bail out for a profitable airline?

There are both positive & negative aspects to fast tracked promotions from a business point of view.

Spot on, every week accounting practices are being refined to differentiate which costs are allocated to the correct division of the business.

pfft...quick promotions, big deal (and things aren't what they used to be at JQ/DJ anyway). If the size of your manhood is directly proportional to the number of stripes on your shoulder, then good on you!

Qantas Profit
 

Watch for guidance from Qantas regarding profit.Other carriers will return to profit in 2010.High yield business travellers will continue to give QF a wide berth.Dont expect much of a profit next year

QF cannot continue to blame the GFC. When things begin to improve QF will continue to lag as the money has not been spent. Premium passengers have left.....Remember it's great to save money but one must remember where the revenue comes from.....:ugh:

A Clear Direction For Employees
 

Joyce needs to provide a clear direction for employees.Include them in the long term decision making process.A staff suggestion scheme would go a long way to allowing employees to participate effectively in the journey.
Strong foolishly used to say that morale was a personal problem.Studies have proved that by improving morale a company can glean a 10% productivity increase for zero cost.
Like Qantas Customers,employees have been alienated.Unhappy employees = unhappy customers.
For too long costs have been the focus of management.To the neglect of the product.It maybe a cliche but to make money in the long term you need to spend money in the short term.Qantas has not spent money on product for at least 10years.There are only 4 A380s in service at present and as yet they havent made a lot of impact.they will have an impact when they reach critical mass at around 10 or 12 in service.That is around 18 months away.By that time it may be well and truly too late

There is still the LAME dispute that keeps providing a convenient excuse for the trashing of a brand. Though, the professional engineers have stepped up lately and their dispute provides another adequate spin when necessary.

Why can't I get GD's smirk and $11million heist out of my head - might this be affecting my performance?

It's not always about quick promotion, that's why mainline has around half the employee attrition rate of Jetstar over the last 5 years.

When there's no redundancies going on, loosing around 10% of your workforce each year has gotta be telling you something.

Mst Ctn

There was no way near 10% of JQ's pilots that left in the past year.

I'd say around 1%, however, over the next few years with all the growth in NZ and Sing there will be many that will seek greener pastures

Muff,

The comparison of employee attrition (which the QF group uses as one of the indicators of employee engagement) is in relation to the flying operations component of the business. So includes technical, cabin and other flt ops related staff. The figures do not include non voluntary termination.

Last year QF lost 4.2% of it's staff & JQ 9.0%

The information is available in the years end financial report.

I don't think you can take turnover of staff, including cabin crew and say that directly relates to staff engagement. Read the results of the engagement survey. Jetstar's staff are far more engaged - it's a relatively new company, the underdog wanting to compete, quick promotion if you are up for it etc. There is engagement there.

Jetstar staff may be "more engaged" than those of the parent airline. Not surprising, as the transmission of flying has be going on for the last 5 years.

However that does not explain why J* staff attrition has been double that of mainline for the last 5 years.

From the financial report: