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BIG Announcement coming from QF?
Mrs C's just phoned during enroute stopover.
She asked me if I had any idea of the big announcement from QF, supposedly this week. Senior Management made to sign confidentiality agreements, lesser management in the dark. All according to her friend's, mate's, next door neighbour's brother, who I think is related to the Townsville Refueller. Any other whispers out there? |
Ordered a bunch of 777s?
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16th apparently. Not supposed to be good for mainline. What that means I don't know.
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Darth and his thugs in a private equity bid for Jetstar .... or maybe it's just 2012 interim report....either way, no doubt it's bad for mainline
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FRA and JFK gone?
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A facebook rumour page seems to indicate from a variety of people it will be the announcement of the MH tie-up/RedQ plans, AJ apparently in KL last week to seal the deal...
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16th is when the half yearly results are announced (10am presser). Yes, confidentiality agreements have been signed, the last time that happened was August last year.
Sounds like the drastic changes won't be changes in flying but job cuts elsewhere. Interesting to find out where they are and if they are involving any areas involved in the union dispute. |
FRA gone for sure and perhaps BKK as well now there is no thru traffic to LHR.
But the number of blunts at Mascot to service an ever decreasing network continues to grow at an exponential rate. With seven 747-400's being retired this year now the ratio of staff per airframe in Qantas (already the highest in the world) with increase even further. 550 million being spent on a 'new corporate home' at Mascot barely rates a mention in this forum and in the mainstream media, but is another tangible symptom of how whilst engineers, pilots and cabin crew continue to be 'overpaid pollution', costs other then operational are a necessary business expense and cannot be touched. |
My guess is that it will something to do with what wa mentioned last year during the LAME EBA negotiations
Notice 044/2011 - Qantas LAME Members - EA Update August 18 A breakdown of the redundancies was explained with the following impact on Engineering.* Qantas advised us that the changes take effect from April 2012 and may not all necessarily be voluntary. 20-30 in Base Maintenance Sydney due to the retirement of 4 x 747-400 aircraft. 128 LAMEs across the country due to the commencement of maintenance on demand. 40 transfers in Sydney to Base maintenance due to maintenance on demand. Qantas were unclear on how 40 Domestic and International LAMEs would be transferred to Base considering redundancies were also occurring there.* From today’s meeting we were left under the impression that 188-198 LAMEs will be made redundant in total. |
Capt Claret, glad to see Mrs C is in the loop. CSM showed us an email they received from headquarters regarding AJs salary and comparing his total package to Gail Kelly from westpac and marius Kloppers from BHP. Seems from the email Aj's apparently hard done by.
Unfortunately there wasn't any where you could reply that if he didn't like it, he should leave. I'm sure he'd have plenty to offer cash converters if they are looking for a new ceo. I couldn't work out why pilots and engineers weren't included in the loop. |
CSM showed us an email they received from headquarters regarding AJs salary and comparing his total package to Gail Kelly from westpac and Marius Kloppers from BHP. Seems from the email Aj's apparently hard done by. BHP - Billiton: "BILLITON has underlined the boom in mining, nearly doubling profits for the second year running to post an Australian earnings record of $US23.6 billion (Full Year $22.48 billion)." Marius Kloppers salary $US10.4 mill. Qantas: "Qantas has reported a $250 million profit just a week after announcing plans to lay off 1,000 workers. The airline has doubled its statutory net profit since last year, despite natural disasters wiping $224 million from its result." Alan Joyce salary $5+ million. I would not have thought Mr Joyce/Qantas would be mentioned in the same sentence as Messrs Kelly/Westpac and Kloppers/BHP-Billiton, although the salaries appear out of proportion to the company financial results.... Bit like comparing an overpriced Datsun 120Y with a Bugatti Veyron? |
So if you're relating it to profit he is either grossly overpaid or incompetent. Seems a little bit of both! Actually a lot of both!
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QF international will be losing more money this FY than they did last year will be part of the message. I wonder how much the company induced grounding contributed to that though.
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As I said in another thread, leprec**t was seen leaving Sydney on a Malaysian flight early last week. The same day that the feed the homeless event was on.
Coverage showed leprec**t doing his bit. You wonder whether the media unit asked them to show him especially given that he didn't do the sleep out last year when borghetti got good coverage. My tsingtao's are on a Malaysian tie up. |
Joining Kell and Rigby and Alcoa with the begging bowl? If the TSV refueller says it, your on the money. Never known them to be wrong.
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Well, there's definitely something in the wind. After being quiet since before Christmas our Dear Leader has stuck himself front and centre on 'The Australian' website.
Alan Joyce in call to fight 'bully' unions | The Australian I can't get through the paywall but if someone else can please cut and paste. The softening up process has clearly started. P.S. It's funny how the great unwashed are supposed to accept globalised conditions from India while the very few get globalised conditions from the highest echelons of Wall Street excess. Alan, you are a hypocrite. |
Well, there's definitely something in the wind.
I can't get through the paywall but if someone else can please cut and paste. The softening up process has clearly started. QANTAS chief executive Alan Joyce has accused "bullying" unions of trying to unwind measures that have made Australia an open and competitive economy, and warned that a protectionist push by the labour movement could lead to more corporate failures and job losses. "Some of the union movement in this country do not realise how open the world has become, how global we've become, how competitive it's become," Mr Joyce told The Australian. "There is this view I think out there by some of them that somehow we can go back to the pre-liberalisation and protectionism - put back in protectionism, protect industries. We know that's not the case." Mr Joyce, who is today named as The Australian's most influential business leader, said that in fiercely competitive industries such as aviation, companies that were not "fit and capable and competitive will not survive". He said his decision last year to ground the entire Qantas fleet to break a dispute with the unions had been positive for the airline, and its core corporate customers quickly returned to the carrier. http://resources2.news.com.au/images...-650-joyce.jpg High-flyer with guts aplenty The Australian - Top 50 2012 Business http://resources1.news.com.au/images...alan-joyce.jpg Most influential in business "There was a feeling that somebody needed to stand up to the bullying and what was taking place with the union movement," Mr Joyce said. As big business gears up its push for industrial relations reform and grows increasingly concerned about the move back to protectionism, the federal government has shifted its language about support for manufacturing industry by warning manufacturers not to expect taxpayers to underwrite exchange rate risks. Industry Minister Greg Combet yesterday urged manufacturers to change to survive, while Wayne Swan said businesses affected by the high Australian dollar must find new markets and new products. The comments were a shift in rhetoric understood to have come about after criticism Labor was willing to subsidise manufacturing with no strings attached. Mr Combet said economic reform in the past 25 years had meant many people changed jobs. "The government will be looking to the economy making the shift in its competitiveness, becoming more productive, and for the manufacturing sector that means new technologies, heavier investment in research and development, and heavy investment in skills," he told the ABC's Insiders program. The Treasurer gave a similar message in his weekly note. "The affected businesses will need to do more to adapt, to improve their efficiency, to spot new opportunities, to find new markets and design new products," Mr Swan wrote. Business is becoming increasingly vocal about its concerns over the government's industrial relations laws and perceived embrace of protectionist measures. The Business Council of Australia policy committee, chaired by Wesfarmers boss Richard Goyder, and whose members include Microsoft Australia boss Pip Marlow, met last week to discuss the BCA's position on the Fair Work Act before the review announced by Workplace Relations Minister Bill Shorten closes on Friday. The BCA also warned that laws to be introduced to parliament making it harder for foreign vessels to operate in Australia's coastal shipping trade, and giving tax incentives to Australian-registered vessels, could lead to higher costs and poorer service. "Businesses will have an incentive to choose alternative land-based transport options or even to source products from overseas rather than manufacture products in Australia and ship interstate," the BCA says in a submission on the draft reforms. "As a price-taker for most products in global markets, any increase in domestic transport costs not able to be passed on by Australian businesses results in lower domestic profits and lower capacity to pay wages to workers." The BCA is urging the government to refer the proposal to the Productivity Commission. Mr Joyce hit out at a push by independent senator Nick Xenophon and Greens leader Bob Brown to force changes to the Qantas Sale Act as an instance of politicians and unions focusing on domestic need. "This was all under the guise of protection of Australian jobs, when we know it's going to be negative for Australian jobs," the Qantas boss said. On the opposition to Jetstar's Asian hub strategy, he said: "If you listen to some of the political leaders and the unions, they would have the view this is somehow negative for Australian jobs. It's absolutely the opposite." |
Dear Alan,
When you have an original thought and not just regurgitate the crap pushed down your throat by Clifford you may gain some real respect. You have approximately 30000 employees who mostly despise you and your cronies. Winning their trust would be worthy of an award. Not this right wing wank award from another corrupt Rupert newspaper. |
My money is on red q not happening and AJ resigning.
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Hmmm, confidentiality agreements would suggest a material change to the structure and hence value of the company thus stock trading, not merely keeping mum!
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A source called into the 3AW morning show suggesting confidentiality clauses were to be signed by upper senior management, jobs in Melbourne to go, FRA to go and possible Malaysian tie-up.
Either that's someone throwing a spanner in the works, or something that the board should surely indicate to shareholders. Also, I would have thought, should there be an imminent major announcement, surely there should be a trading halt? - This is not my area of expertise so I'm sure someone can shed light on this issue. |
What the...Dont you mean Right wing wank award. I think Murdoch and his ilk are about as left leaning as Margaret Thatcher
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It's official, the man has gone troppo.
Grounding 'positive' for Qantas brand: Joyce |
And for an illustration of the man's thoughts.......Check out the section on "Joyce gems."
Management Today "If you use non-constructive behaviour, are a bully and turn people off, then it's not a great place to work." |
Grounding 'positive' for Qantas brand: Joyce "We are going to leverage our knowledge and experience in grounding the airline each and every month and it will be a fantastic win for our customers and our employees!":ok: |
Evidence enough now to explain why so many senior exec's started buying up big on Qantas stock just recently!
Let me guess, their stock buying spree will just happen to have occured outside any blackout period associated with the upcoming announcement that can be tied to insider trading!:} |
Evidence enough now to explain why so many senior exec's started buying up big on Qantas stock just recently! |
Bill Shorten on radio this morning he already knows jobs are going he is just waiting for someone else to announce it so he does not look so bad.
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Not positive at all if the newspaper reader response to a poll on the issue is indicative:
26% 'Yes' (positive for the brand) 74% 'No' (not positive for the brand) Over 4,700 votes so far (The Age & SMH newspapers). |
Bill Shorten on radio this morning he already knows jobs are going he is just waiting for someone else to announce it so he does not look so bad. 180 pilots (most seem to have taken LWOP though) 500ish cc, should be taken care of with VR 200ish engineers 50? Mel operational staff Frankurt and NY staff if those ports are cut Maybe some LHR, HKG and BKK staff with the drawdown in services The usual 2 year middle management cull as well perhaps? |
The AIM article does not mention Joyces' failure at Lingus nor Ansett, that part is gleamed over, you gotta love spin......
Once again GT puts his head well and truly above the pit - can someone explain to this **** what the difference is between a co-pilot and a F/O. Can anyone guess who holds the number one membership to the AJ fan club :yuk: Also it's funny how he quotes these 'mantras' but yet has gone against all of them in the last two years. Walk the walk..... :ugh: |
Hey.., Fair Go....
It's official, the man has gone troppo. |
Perhaps this is a part of the "Malaysian Solution". Little Al is prepared to take 2,000 Malaysian CC for 2,000 Aussie jobs. Think of the savings.
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The fact that the little four foot tall two legged steaming pile of monkey crap has fornicated once again with Uncle Ruperts newspaper and regurgitated a mix of bile, carrot chunks and 'heavy speech about unions and their lack of understanding the real business world' is a warm up for the massive pineapple he is about to unleash on staff once again. He is merely stretching staffs sphincters on preparation.
Now is once again the opportune time for all staff, families, supporters and Australians to stand up against the greedy hypocritical actions of this mini fuhrer and fight him and his executive footstools onto oblivion. If you aren't staff then vote with your feet. If you are staff then you are perceived by him and his band of minions to be the enemy and a liability. So you have two choices you either bend over and grab your ankles or you align yourself with the person next to you and fight tooth and nail to get rid of the disconnected management who are themselves living in cloud cuckoo land. Everybody needs to fight smart, but if it is a dirty fight this little toad wants then let's make his life as unpleasant and unpalatable as humanly possible. |
So you have two choices you either bend over and grab your ankles or you align yourself with the person next to you and fight tooth and nail to get rid of the disconnected management who are themselves living in cloud cuckoo land. I have pretty much come to the conclusion that the best way would be get the Government reconnected with Qantas and buy back 51%. I did some quick calculations and based on assets Qantas is a bargain buy for the Government right now. I would be lobbying the Government to reinvest in Australia's future |
Hey 1a,
Where do you reckon the 51% of 2.2 billion shares are gonna come from at your calculated 'bargain price'? The top 20 shareholders own 80% of stock and you are dreaming if you think they will sell out to Gillard at a bargain price. It would have to be at least double todays closing price before those investors even think about it. What you said is a pipedream. Forget about and keep looking for a new job if you fly for QF. NP |
Well well, a Troll returns! Welcome back Poo Piper. Did the Roo's PR machine unleash you for a little more deflection? An all too familiar tactic when the heat gets turned up against management.
Or perhaps you always fancied yourself in a QF uniform but never cut the grade, hence your poking and prodding little digs at QF pilots who may be in the firing line of Commandant Alan? |
NP
I said for the Government to reinvest. Of course they are not going to but 51% overnight. But if the Government announced this you and all your management cronies would be dropping your shares as fast as you could. Think about it. For a desolate and remote country like Australia the national Airline should be majority owned by the Government. Selling it all off was a mistake |
PP,
Where do you reckon the 51% of 2.2 billion shares are gonna come from at your calculated 'bargain price'? Alan Joyce and another big announcements, What a Joke! QF has become like watching a beached whale die of a slow and painful death, FFS put it out of it's misery! :ugh: |
Poll runs against the spin from Qantas
https://lh6.googleusercontent.com/-S...ding.JPG?gl=US
Grounding 'positive' for Qantas brand: Joyce This morning, after the News Ltd tripe was published, AJ, OW & Co must have felt pretty chuffed until the SMH & the Age published this story above.... just read the comments...... PS, this story was the most read all day online in the Age, the SMH & the Brisbane Times.... https://lh5.googleusercontent.com/-O...2-12.JPG?gl=US Whilst the market was up, the Qantas share price stayed the same... all that positive stuff written in the Australian didn't seem to help much at the end of the day.... sort of all got lost me thinks.. :uhoh: Now this story for today Qantas staff fear cuts as kangaroo route struggles The expectations of reductions to its 34,000-strong workforce came as Workplace Minister Bill Shorten called for Qantas to focus on the longer term, telling Fairfax Radio Network yesterday that ''if you cut too much you then lose skills that are never coming back''. Qantas has had a strategic review of its international operations under way since January last year, which includes the possibility of it launching an ultra-premium carrier in south-east Asia. The airline has been struggling to stem losses on the so-called ''kangaroo route'' to Europe because of increased competition from other carriers and high fuel costs. It has led to renewed speculation that Qantas might shelve flights to Frankfurt in Germany, leaving London as its sole gateway in Europe. The Australian and International Pilots Association vice-president, Richard Woodward, said staff feared the airline would announce the shedding of jobs on Thursday, as part of reductions to its long-haul network. About 180 Qantas pilots had taken up the company's offer of leave without pay to work for Jetstar and rivals including Emirates and Qatar Airways over the past six months, Mr Woodward said. The federal president of the Australian Licensed Aircraft Engineers Association, Paul Cousins, said yesterday that Qantas' engineering division was the most exposed to the company shedding jobs. Qantas announced 1000 job cuts - mainly affecting pilots, cabin crew and engineers - in August when it unveiled its five-year strategy for turning around the international operations. The airline yesterday declined to comment on the speculation but ruled out shifting jobs overseas. ''There is always a lot of rumour and speculation about Qantas and we are not going to respond to every single rumour, but any suggestion that Qantas is offshoring jobs is totally incorrect,'' a spokesman said. As Qantas grapples with turning around its long-haul operations, Macquarie Equities analysts have suggested that Emirates could be an attractive partner for the airline on the route between Australia and Europe. To ease its exposure to Europe, Qantas has already announced that it will reduce flights on the route to Europe from five a day to three from April Read more: Qantas staff fear cuts as kangaroo route struggles |
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