so the people here know it, the employees know it. The competitors know it. What can be done to get the investors to realise that they are destroying their returns?

astroboy55,

You would have great difficulty getting rid of Board members as most are placed by the support of Institutionalised Shareholders (which are only interested in capital returns!!)

Mike

Ngineer writes:
It is very obvious where the Board wants the direction of QF to go and it isn't toward the International full service product.

Their priorities seem to be:
Jetstar expansion- 1. Heavily advertised on all television and other media 2. Priority of capacity (787) while QF Int will flounder 3. Public preference of the JQ commerical model

Domestic QF-1. Receives an excess of labour to ensure the dispatch departure time stays above of DJ.

International QF- 1. Stripped of labour (terminals combined and txfrd to Dom) 2. Shrinking advertsing budget 3. No Capacity priority (JQ gets in first) 4. Public complaints QF Int is costing the Group money 4. Revenue streams removed (3rd Party Line work) 5. Financial reports that use transfer costs to make QF look the bad segment of the group.

In the mean time JB at Virgin will be the QF's boards headache as he puts his timely plans into action and take a big slice of the QF business.

I digress: I note the same ol' same ol' rhetoric from CN regard Avalon "The same quality of labour is available at much cheaper costs overseas".........so go overseas and reap the benefits. Get some cheap engineering managers while passing through Mumbai that will work for $55,000/yr same quality at a 1/5 of the price.

Master Plan
 

"When was the last time you saw any advertising on TV for the Qantas brand??? Or the kids choir singing our anthem. Is it any wonder our product is failing? "

This all part of the master plan and is quite intentional. Qf passengers will be transferred to lower cost JQ as quickly as the market will accept and "get use to" the new model. To do this they run QF down while JQ receives all the investment in new AC etc.

Lots of advertising for JQ and none for QF. Note also how fares right now are being raised at QF. This will surely send more to JQ as they increase capacity. especially since our service at qantas has become unreliable with our ailing fleet.

Just a few days ago management achieved yet another Key in this strategy making JQ apart of oneworld allowing codesharing of other airlines on JQ. QF have been carrying these passengers. So in a sense this now allows management to transfer all these Pax (both dom and Int) to JQ.

Jetstar Singapore route deals and oneworld alliance | Upmarket move

And well what do you know.... Jq is now moving up market. So what is QF for?????

Watch more of our A330's disappear to JQ singapore.

Jq was set up to undermine pay and conditions. Lower costs lower standards. This is a bad development for all Australian Pilots

Its sad that this is the way of our industry. Execs at the top are paid top dollar to find clever ways to bring the workers down. Offshore Jobs, undermine contracts, pitting pilot groups against each other. It will have a cost. Airlines in oz will become more and more dysfunctional and the travelling public had better get use to it. We are not alone of course. I just hope Australia is ready for reality that we are in real danger of our first major accident. The safety culture of our industry has been the biggest victim and has been eroded to pay for some execs bonus.

Im a little tired of sitting on Death Row at QF for the last 10 years. Sitting on the flight deck and watching us be surrounded by JQ or jetconnect.... Powerless to do anything about it. Everyone at QF know it. Quite frankly id rather just get on with it... take me out back and give me a bullet. At least id know where i stand. Thats what the "secure our flying" is all about. where damned and this is our last chance. At the end of this we'll finally know what manage think of us and the lies will be over.

Spot on.
Board membership, share allocations, share holders and voting is a little more complex than it appears, yet it is not that hard to fathom. But the reality is that the CEO will not get punted by the board. And the amount of shares owned by institutionalised shareholders will see them continue to vote for the CEO as long as he is bringing home the bacon. Staff morale, safety, dirty onboard cutlery, a declining reputation and the smell of stale urine in the economy cabin mean absolutely nothing as long as the $$$ click over for the shareholders.....It is sad but true.

I seem to remember there was NO dividend last year, so he failed on that one also.:ouch:

True. And remember, his alottment of shares are free, he didnt have to pay a cent, so a 'no dividend payment' doesnt hurt him anyway, but does hurt those who actually paid for their shares and didnt have them gifted.

Why AJ ?
 

Joyce was chosen because he is compliant...unlike Dixon.Borghetti missed out on the big gig because he is not.Clifford wanted someone out of their depth.Someone easier to manipulate.Someone grateful and surprised at their promotion.
Voila...you get Joyce

Hence AJ
 

is almost every week in Melbourne as LC doesn't want to go to Sydney-FACT:yuk:

Perhaps da little fella he is simply trying to 'connect' with his workforce, get out their among the troops, feel what is happenning in the workplace, mingle with the customers and extract all manner of feedback, sample his product live, become enthused and re-nergized, garnish new ideas ?? :E

when he commutes
 

he sits there barley looking above the seat:oh: but doesn't engage much with staff. they are too busy being short staffed on shrt sectors to have time to chat;)

No.1 Ticketholder
 

Clifford is the number one ticket holder at Essendon.An AFL nut Clifford wouldnt be leaving Melbourne whenever there is a game on.Maybe AJ likes watching AFL.After all its only Gaelic Football dressed up
Incoming!!!

Good thing he hasn't been mistaken yet for a UMNR !!

saw him on the video..zero personality...only one reason you would hire him..as a puppet.

From SMH today: Qantas boss Joyce grounds his tongue