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-   -   MERGED: Alan's still not happy...... (https://www.pprune.org/australia-new-zealand-pacific/528014-merged-alans-still-not-happy.html)

Gingerbread 9th Feb 2014 01:30

Happy - Not Likely!

Buried in the article Ferris posted is

In mid-October, Joyce told The Australian Financial Review the airline remained on target to return its embattled international business to a break-even position by the 2014-15 financial year despite recent pressure on fares due to additional capacity entering the market.

On December 5, Qantas dropped the real bombshell - first-half earnings would be down by as much as $300 million and a major capital expenditure and structural review would be undertaken.... (and)..... Standard & Poor's downgraded its debt to junk status.
Crying poor is not enough. A full explanation is necessary.

TIMA9X 9th Feb 2014 02:38


Crying poor is not enough. A full explanation is necessary

Virgin got a big bucket of money.
AJ was not happy.
Canberra tells him to jump but maybe we can help a little bit.
Waiting huge loss announcement as is Virgin.
Qantas assets maybe sold.
*Press starting to wake up that not all is well at Qantas and actually write negative articles.*
Scorched earth policy mooted at Qantas on the back of said poor results.
How true are those two quotes... and


Ain't no conspiracy, just dumb and dumber at the helm
Qantas is not an LCC but dumb & dumber have been treating it like it is, gambling with the premium brand money hence the problems we are now facing .. even the No 1 LCC in Europe is having problems, people have had enough of it Ryanair reveals £28m LOSS after worst end of year results for five years | Mail Online I think dumber went to the same school in Dublin.

Ngineer is spot on with his quote,


interesting read, claiming $120mill pumped into Jet* Asia along with the share buyback shortly followed by a big profit warning.

To me it looks like either the board were not paying attention to the cashflow, or something else was going on.

It's the year of expiring EBA's and the Libs in power so anything is possible I guess (IMHO)
also from the same article I thought this was a very important couple of lines as well as I worked for Amatil in my earlier years, they just cruised along, life was easy. my bolding


All three companies are victims of structural change in their industries, although Coca Cola Amatil and Qantas are also guilty of poor strategic decisions that have undermined the profitability of key parts of their businesses. They still have the ability and the resources to clean up their mess.
Most other International airlines competing here in Australia have got it right except for you know who... who has the total support of chairman dumb and his banker board.... bean counters who are now exposed, that's why Alan is not happy... I think people doubt he can clean up the mess and he knows it,

for those who missed it


virgindriver 9th Feb 2014 02:56

I noticed a Jetstar A330 parked at the Qantas terminal in Brisbane Friday evening- I didn't even know they came here.

Maybe that is a sign of more things to come for you guys?

WorthWhat 9th Feb 2014 06:23


They still have the ability and the resources to clean up their mess.
Hope Olivia has told her boss that about her boyfriend’s Press Club call for

‘a compact between unions, business and government,’

goodonyamate 9th Feb 2014 06:34

Re the A330 in BNE, it's one of the stolen generation awaiting a qantas refit

Gingerbread 9th Feb 2014 06:44

Probably not, but you make a laudable point Worthy.

Even Dick Glasson, former president of the doctor’s union, the AMA, who seems to have lost the by election for KRs old seat of Griffith, said during his campaign-

“Mr Howes’ comments are sensible and sound. Whether you are an employee or an employer, we want the best outcome for everybody concerned.”
:ok:

virgindriver 9th Feb 2014 06:59


Re the A330 in BNE, it's one of the stolen generation awaiting a qantas refit
Parked at what looked like Bay 20 at domestic?

AEROMEDIC 9th Feb 2014 07:19


Quote:
“Mr Howes’ comments are sensible and sound. Whether you are an employee or an employer, we want the best outcome for everybody concerned.”
Fanciful words, but implementation would be, at best, a token effort by all stakeholders.

mmciau 9th Feb 2014 09:41

Piggy Howes only gave that paper to drive Dolly Shorten crazy!!

dizzylizzy 9th Feb 2014 09:47

JQ 330 @ BNE Dom
 
Does anyone know why it was parked on the bne dom terminal?

Mstr Caution 9th Feb 2014 10:06

Dizzylizzy

If i had to guess (and I stress, only a guess)

QF Maintain the A330 in the Brisbane Hangar on the East side of the field.

If the aircraft was ferried to Brisbane it would have been parked at the Domestic terminal awaiting a tow to the Eastern side of the Airport.

MC

Capt Quentin McHale 9th Feb 2014 11:39

Jet cancer 330 in BNE.
Old mate up in Brisvegas tells me A330 was being towed and stowed to check for fitment/clearances on bay for when 330 goes domestic.
McHale.

ASY68 9th Feb 2014 23:02

Capt - QF already use the A330 domestically and there is already a bay(s?) fitted for the aircraft.

Going Boeing 10th Feb 2014 00:09

ASY68, they are planning to make more bays A330 capable (to be ready for the return of the stolen generation). Bay 22 will shrink to a B738 only bay with 23, 24 & 25 being widened for the A330. I believe that two bays on the satellite will also take the big winged widebody.

itsnotthatbloodyhard 10th Feb 2014 00:27

Seems that Alan is happy after all. From the latest company email:


Video message from Alan Joyce - Towards Half Year


In this video update, Alan Joyce talks about some of our great achievements from the last few months and how they show our strength as an airline. He also talks about the speculation surrounding Qantas, clarifies some rumours about the structural review and the guiding principles behind the tough decisions we’ll need to make to build a stronger Qantas Group for future.


I am not sure what our great achievements from the last few months might be, apart from a credit downgrade, profit downgrade, and a total absence of anything resembling leadership. I'd watch the video to see if there's anything else, but sadly I don't have a strong stomach.

spelling_nazi 10th Feb 2014 01:05

He also has his Jetstar described as amaaaaaaaazing of course

VH-Cheer Up 10th Feb 2014 02:57


He also has his Jetstar described as amaaaaaaaazing of course
Well, it IS amaaaaaazing of course.

And a very cunning plan for global domination by stealthily tieing up all the parking spots at every major airport around the world with NON-FLYING AIRCRAFT.

I mean, even Blackadder couldn't come up with a plan that amaaaaaazing!!!

blow.n.gasket 10th Feb 2014 03:32

No not Blackadder,
it's a plan Baldrick would come up with.

Prince Niccolo M 10th Feb 2014 11:02

something else going on
 
Ngineer,


Who benefitted most from the share buy-back? Especially seeing it was money that should not have gone out the door := := :=

SN,

I think Justice Buchanan couldn't quite bring himself to describe their ethics as ammmaaa... no, neither can I

Bootstrap1 10th Feb 2014 19:05

Fresh off the tech crew rumour mill, MEL-DXB-LHR will be changing to MEL-SIN-LHR.
And the SYD-DFW will go to A380. Not sure how they will do that with no extra aircraft. Unless the MEL-LHR uses the -400 from DFW.

Its a nice rumour but I doubt it has much substance.


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