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And all the CC managers have been positioned around the world to hold Q & A sessions from tomorrow. Must be more of an announcement than fin results??? My money's on a complete QF/MH tie up, possibly even a merger |
another piece to the puzzle
Qantas adds airline experience to its board
Qantas adds airline experience to its board Qantas has strengthened the airline experience on its board with the appointment of a former boss of the Star Alliance airline grouping and Swiss International. The appointment of William Meaney as a non-executive director today boosts the size of Qantas’s board to 12, which includes Barbara Ward and John Schubert, the former Commonwealth Bank chairman. Insiders have complained that Qantas’s board lacks directors with direct airline experience. Advertisement: Story continues below Mr Meaney’s industry experience includes a stint as managing director and chief operating officer of Swiss International, the inaugural boss of Star Alliance and vice-president of South African Airways. More recently, he has been the chief executive of Hong Kong-based conglomerate the Zuellig Group since 2004, and is also a member of the Asia Business Council. Mr Meaney, who lives in Hong Kong, holds US, Swiss and Irish citizenships. Shares in Qantas were up 3 cents, or 2 per cent, at $1.57 in afternoon trade, ending a four-day losing streak. The appointment of Mr Meaney comes a day before Qantas will unveil its half-year earnings and is expected to announce job cuts, mostly from its maintenance division Read more: Qantas adds airline experience to its board Board of Trustees William L. Meaney ’82 Chief Executive Officer The Zuellig Group William L. Meaney is the chief executive officer of The Zuellig Group. Zuellig is a US $12 billion diversified pan-Asian group based in Hong Kong, whose primary activities include: pharmaceutical distribution; pharmaceutical manufacturing under license; animal feed manufacturing; and agricultural and materials handling equipment. Prior to his appointment at Zuellig, Meaney worked in a number of turnaround situations, including: the chief commercial officer at Swiss International Airlines in Zurich; executive vice president at South African Airways in Johannesburg; and the chief executive officer of South African Vaccine Producers, a parastatal pharmaceutical manufacturer based in Johannesburg. Prior to his taking on leadership roles in international groups, he was a strategic consultant with Strategic Planning Associates (now part of Oliver Wyman) based in London and in Geneva where he worked in a variety of industries. Before beginning his career in business, Meaney served as a CIA operations officer. He also serves on the board of Moksha8, a private pharmaceutical company controlled by TPG. In addition to being a trustee of Rensselaer, he serves as a trustee at Carnegie Mellon University. He has a B.S. degree in Mechanical Engineering from Rensselaer and an MBA from Carnegie Mellon University in Pittsburg, Pennsylvania. Meaney holds U.S., Swiss, and Irish citizneships. |
My money's on a complete QF/MH tie up, possibly even a merger |
Maybe the big announcement is another online course or engagement survey.
OR OR maybe $200 staff travel voucher. OR Maybe our we will be supported through yet another management re-structure. Dont DIS my engagement :bored: |
Certainly looks like Mr Meaney has the experience Qantas is after:
World Business Briefing | Europe: Switzerland: Airline Scales Back By Alison Langley (NYT) Published: May 03, 2003 Acknowledging that its initial strategy of focusing on first-class and business-class travelers failed, Swiss International Air said that it would drop more routes, lay off more workers and set up a new discount short-haul subsidiary. Swiss International, cobbled together late in 2001 by the Swiss business establishment to replace the bankrupt Swissair, is losing 40 million Swiss francs a month and has been told by both its lenders and the Swiss government not to expect any fresh aid. William L. Meaney, the airline's chief financial officer, said that the airline had to direct its efforts ''not to what we think the customer wants, but what the market is telling us the customer is willing to pay for.'' Alison Langley (NYT) |
Good digging, that man.:ok:
The picture continues to get bleaker, innit? |
When trying to work out which area will be cut next, keep in mind that its all about KPI's for the execs and money for the consultants (Bain & Co, BCG and Oldmeadow Consulting)
Looking at this through that lens, heres my take: - FRA, AKL-LAX and probably BKK to go. At least 7 747-400's gone in 2011 - Only 12 A380's now with 13,14 also 'deferred' - Significant engineer and pilot redundancies from long haul. Probably in the vicinity of 300 pers each initially with more to follow. All of this is relatively low level. What really concerns me is the scenario where the company retires an entire fleet in one go. If this was the case then the B747-400 is the most likely candidate. I hope to christ I am wrong........... |
William L. Meaney is the chief executive officer of The Zuellig Group. Zuellig is a US $12 billion diversified pan-Asian group based in Hong Kong, whose primary activities include: pharmaceutical distribution; pharmaceutical manufacturing under license; |
Swiss International Press Release........
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Got a gut feeling even more now that this announcement tomorrow @10am is not going to be good, especially for the 400 and 767.
Why? Just had a look on the bloggs for tonight and noticed that the fleet managers for both fleets have made themselves available to take calls and answer questions post AJ's announcement. Not good me's think. |
I hope to christ I am wrong........... I'll offer a point of positivity, amongst the doom, mainly for myself I think whatever transpires tomorrow, and in the future, I believe other opportunities will open up for the pilots in QF mainline and I don't think anyone will be out of paid employment, whether it be LWOP, J*, contracts or whatever... I hope... |
This could be The Death Sentence for Forstaff Avalon as they have no other customers.
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Just had a look on the bloggs for tonight and noticed that the fleet managers for both fleets have made themselves available to take calls and answer questions post AJ's announcement |
Word here in CX is that all QF managers told to sit by their phones tomorrow and expect a lot of calls about jobs, all 744's grounded immediately ( don't know about 767's )........**** I hope this is not true....good luck to all my friends in QF, we'll all be thinking of you tomorrow morning.
Surely not so quick? What the hell is Joyce up to now? |
Ground staff in Perth told incoming crews that 'councillors' arrived today to speak to crews after tomorrows announcement
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all 744's grounded immediately ( don't know about 767's )........**** I hope this is not true....good luck to all my friends in QF, we'll all be thinking of you tomorrow morning. |
Mean by name ...MEAN by nature
William L. Meaney, the airline's chief financial officer, said that the airline had to direct its efforts ''not to what we think the customer wants, but what the market is telling us the customer is willing to pay for.'' How does one reconcile this sort of hire ???? Stuff the friggin customer.....'just respond to what the market tells us!!!! Isn't this at the core of what has been totally F:mad::mad:D with the QF "strategy" for the last decade. ........:eek: Just 2 of many examples, The customer told us: 1. WE want direct non stop ,high frequency, quality services to the US. Result=non purchase of 777-LR. 2. WE want a quality product on board,with a modern,young fleet. Result=Tired interiors,product,IFE,kit. If this crap wasn't so serious ....it would make a great comedy doco. The litany of failure based on Board /CEO false(market) assumptions is :yuk::yuk: |
Ahhh Alan, don't you think the the airline should be grounded again until the announcement tommorow? These are worrying rumors and surely your crews must be stressed and concerned about them. Can't have them flying when concerned about such things can we......it's all about safety isn't Alan?????? :ugh:
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It's hard to imagine an immediate grounding of all say 767s / -400s immediately as they are still happily selling seats on flights well into the future on those types.
Also, they're spending an absolute bomb of money reconfiguring 9 of the 747's. But that sort of action would be well rewarded as decisive and excellent action in the business community with bonuses all round for a job well done. So I personally wouldn't be suprised. |
Qantas worries rise as profits fall | Herald Sun
Last Updated: February 15, 2012 Some privy information known before a statement to the ASX ?? Qantas' plans to launch a premium airline based in Asia have been scaled back to a "capital light" venture with Malaysia Airlines. Qantas expects Malaysia to supply new Airbus A330 for the routes, which both airlines chiefs have still been discussing in Kuala Lumpur. Qantas routes - including some into Asia - are likely to go as the airline reacts to rising competition. But the biggest cuts - with hundreds of positions on the line - are likely in Victoria, with the airline to announce a review of maintenance operations at Tullamarine and Avalon. |
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