GG
 

You got in one.They have made something simple so damn ridiculously complicated

Nope. Even at the pilot cost levels Ansett would have been fine if managed correctly and money reinvested into a streamlined fleet rather than News Ltd coffers. They had such a phenomenal business class market share in the 90's it was unbelievable. All that gifted to QF.

QF have squandered all their money on Jetstar, the managers collect their bonuses but mainline is left to die.

One day someone in this country might actually figure out how to run a airline properly.

Well done TGG, nicely put.

Ah, so you only need to change the CEO, and magically finance some B777's, and keep your current cost base, and all will be fine?

Who said that??

Nevertheless, are you suggesting having tripplers would be a bad thing???

From the Govt. website traffic stats. Problems with other carriers flooding the market with cheap seats? Doesn't appear so. Pax up 10%, ASK's down .8%.


International airline activity

Qantas' woes are directly proportional to the rollout of the A380.

It's a fantastic aircraft when it's full, and it's got less than 8 hours fuel in it. It is not suited to the routes Qantas are using it on.

It will be a great long haul aircraft when it's stretched.

If I were running Qantas I'd be right now utilizing the strenghts of what it has. Flying the dugong to Singapore and running frequency to europe with its A330s.

Flying the dugong to a staging point for north america such as Hawaii from Sydney/Melbourne/ brisbane and A330s direct to San Fran, JFK, Dallas, And LA. Or reverse, A330 to Hawaii and the dugong onwards.

Slowly replace the 330s with 787s and send them to domestic to replace the 767s.

747s supplementing point to point on non ETOPS routes.

It's time for them to think outside the box. They waste ****loads of fuel carrying it in the dugong. How about working out how to hub it from sub 8 hour sectors and fill it!

Go on Joyce, be a leader and get the troops behind you. They will follow and forgive if you lead and take them with you.

This is worth a read guys - AIPA is hopefully in touch with the Canooks.

Greed of the pen pusher pilot wannabes...

It's a class war, that's for sure!

board with little to no airline industry experience :=
management continues to talk down the company to shareholders (what is the aim of that?) :=
restructure every year (waste of manpower and resources) :=
employees treated with contempt :=
787 goes to Jetstar first (international should benefit from fuel efficient 787s - that is, if they are struggling?) :=
no dividends to shareholders in 3 years :=
promised 'Asian' airline fails to get off ground (story sold but dismal implementation!) :=
ongoing staff morale issues :=
VA erroding all of QF's competitive advantages, one by one :=

not hard to see why the share price is where it is today. JB must be laughing he got the other job - clearly something much much better.


Fed Sec - the seatfactor may be good but yield could be rubbish.
International may be struggling because of clever accounting but the fuel bill for the 747/a380 is not cheap when flights are half full flying empty seats

Green Goblin For Qantas CEO
 

That is the most pragmatic,intelligent,well thought out post I have read in regard to fixing Qantas woes....Bravo GG
Sorry,make that two well thought out posts

$
 

Nice to see QF can still afford a corporate box at the lingerie football league in SYD tonight.

http://oi48.tinypic.com/1yk2sx.jpg

Just curious about the A380 only having 8 hours of fuel in it.

QF and SQ fly it non-stop from Singapore to London, 13 hours, SQ flies it non-stop to Paris and Frankfurt, say 12 hours, LH flies it to SFO or LA 12 hours, EK flies it to Dubai, 14 hours, QF flies in to LAX 13.5 hours.

I know the SQ one does it easy to London since I was on board one that was full and another that was almost full a few years ago.

Think they announced recently that yields were up. My point on the loads were to counter the statements about the market being flooded with extra seats. There are less seats but 10% more pax.

But Steve, are they economy passengers? Are they full fare Business or even better full fare First Class passengers?

Denabol.

I think you will find the Green Goblin was suggesting the A380 average fuel burn per hour over a 13/14 hour sector is more than the average fuel burn per hour over a 8 hour sector. I know that a big % of any reserve/contingency uplifted is consumed enroute.

Note. I do not have the actual figures.

Someone posted very recently that on a SYD-LAX sector, that if they departed with +1,000Kg fuel they would arrive with +600Kg fuel, IE, they burnt 40% of the additional fuel just carrying it over the pacific.

ST

But isn't this true of any flight? The average fuel burn per hour would have to be higher over long flights than it would be over a shorter distance on any jet, and if you have a big market, you buy a big jet, or a medium sized jet for a medium sized market, and then after it keeps growing for five or six years, you swop the smaller jet for the next size up, whether its the next size in an Airbus or a Boeing or from an Embraer to a 737, that's how it works.

1. Oil prices at record recent low
2. AUD at recent low and predicted to fall
3. Vultures on the prowl already
4. Here we go again

Are you suggesting private equity interest or something else?
Can you elaborate please.
Cheers

Remember this is a Rumour Network. The CEO board has a responsibility to investors to maximise profits for shareholders and short term profits and often seen over the unknown longer term, so if there is an opportunity to be gained they will.

The basic outline is this -

Conglomerate (international) sees an opportunity to gain a controlling interest in QAN as listed on ASX. QF remains as it is but the entire JQ operation becomes the property of the conglomerate and JQ becomes an unlisted private corporation (without the need to be an (primarily) Australian based operation. The new company walks away with JQ leaving QF to remain more or less as it is.

Current Qantas market Capital Value is around $5B
AJ wrote back QF assets but book value still shows Nett Value of $3b with cash in bank. Buys into QF at a 100% premium but still netts a huge profit potential - how?

The new JQ.
Modern fleet of 787 and A320
Rapid expansion of low cost operation international routes targeting QF routes .
SYD-LAX, MEL-LAX, BNE-LAX, AKL-LAX, AKL-JFK SYD-LHR SYD-SCL SYD-JNB
SYD/BNE/MEL/ADL/PER codeshare ops with another operator (New parent?) airline to provide LCC one stop connections to a range of Euro destinations

JQ Australian domestic gain Business class, Business international moves upmarket (like Air ASia X)

No Qantas Act to deal with
Capitalise on QF's #1 money making routes between USA-Australia
Target the ME alliance networks by going the LCC route
Has benefit of Australia domestic connections
Lower Costs
Modern Fleet
Large number of Foreign workers will significantly reduce costs

This leaves QF struggling against another huge and larger International and Domestic competitor but with a large book profit. CEO looks smart and hails it a win win as QF can now focus on its core airline operation and reinvest in its future. CEO walks away with large bonus

Conglomerate has all JQ bad debts/losses worn by QF prior to effective demerger. Buys JQ for way less than its real value. Leaves QF up the river.

Think it through before you say it wont happen. Its already being planned and talked about. It may not eventuate but then neither may JQ HKG.
Market research has been done with lead in fares SYD-Europe @ $1499 and SYD-LAX @$999 and the response was that they can capture a very large % of market share

You can think very hard who might be behind this.