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-   -   Qantas Announcement: 28 AUG 14 (https://www.pprune.org/australia-new-zealand-pacific/546420-qantas-announcement-28-aug-14-a.html)

Wedcue 27th Aug 2014 11:57

Qantas Announcement: 28 AUG 14
 
Welcome folks, to the unofficial announcement page.

Predictions, facts and rumours are all welcome.

spelling_nazi 27th Aug 2014 13:06

Submit your best guess for the dollar figure Alan has
blown this time! Closest guess wins a night with Livvy.

2nd prize, two nights

blueloo 27th Aug 2014 14:03

anyone know of live feed via internet?

SenZubEanS 27th Aug 2014 14:19

My guess for the amount of jelly beans not in the coffers anymore...

$915 Mil


My prayer...

resignation announcement.

VicVector 27th Aug 2014 14:30

$1.2 b

It's a sure thing.

crewmeal 27th Aug 2014 16:00

1. Code sharing across the Pacific using EK 380's
2. QF hosties working on EK flights on the kangaroo route (If it hasn't been chopped.
3. EK pilots flying QF 380's (Showing them how it's done in DXB)
4. Mr Joyce walking away with a 'gold watch' as a thank you for all the cut backs in staffing levels.

I will come back and see how off the mark I was :ok:

Cactusjack 27th Aug 2014 16:52

Nick Xenophon would like to take a stab at answering Wedcue's question!!
 
From Nicks SMH article,

Its excuses over the years have included an unlevel playing field, higher fuel costs, difficult unions, a high or low Australian dollar (Qantas has blamed both in recent years) to name but a few. Qantas' excuses for abysmal performance and grand plans for a turnaround just don't stack up.
Full article below. It's brief but it is succinct and to the point. Well done Nick, nice to see at least one politician who appears to give a **** about the real issue here - human beings, as in Qantas workers and their families and the Australian traveller.

Qantas chief Alan Joyce has many questions to answer

Surely it is time that the 5 foot human wrecking ball (and other associated parties to the QF destruction) be frog marched out of Mascot (and preferably Australia) immediately?

SOPS 27th Aug 2014 17:15

I want a job that pays me 22 million to destroy something. Where can I apply?

ALAEA Fed Sec 27th Aug 2014 19:50

My tip is $780M and much congrats for the Board for keeping below $1B in these troubled times.

bazza stub 27th Aug 2014 20:39

"Closest guess wins a night with Livvy."

Errrr, um, it's a profit? :p

bazza stub 27th Aug 2014 20:42

$897 million

Iron Bar 27th Aug 2014 20:53

$747 million plus write downs and redundancy costs forced into the 13-14 FY.

Qantas 787 27th Aug 2014 21:02

It is going to be a huge number regardless and we know the reasons for it.

What we want to know is how they are going to fix it - we won't get those answers today, it will just be the normal spin. Announcements that should happen (like the board and CEO will end their tenure by the end of the year) won't happen and there will be no strategy going forward to give anyone confidence.

It is about time these big shareholders make some noise..........

Autobrakes4 27th Aug 2014 21:07

$852 million.

Keg 27th Aug 2014 21:43

Operating loss circa $350 million. Other one offs, write downs, redundancies, etc to take it Ito $890-1.1 billion. Retired debt in their circa $100 million or so.

Australopithecus 27th Aug 2014 22:26

I think Keg is about right on the QF mainline operating loss. What is not ever apparent is the JQ Intl and Asian misadventure losses. Given the various snippets of information from those quarters. I would guess another 130-200 million there. Add in the one-off costs and we get a nice headline custom made to instill confidence in travellers buying a ticket for future travel. :ugh::ugh:

When manure starts to snowball it gets ugly fast.

The only way forward is to replace all of the board and executive and blazon ads and billboards with the old "under new management" ray of hope.

Soteria 27th Aug 2014 22:28

$1.25 billion loss - all the fault of overpaid pilots, surplus Engineers and company destroying unions.

Now, where's my bonus and ????

Stationair8 27th Aug 2014 22:40

$1billion.

The Irishman will tell us about the tough times in the industry blah blah.

The board will pat themselves on the back and blame the overpaid pilots, overpaid trolley dollies, the non level playing field, the unions etc!

The fund managers will just sit there unable to explain why they have such faith in in the board and management of the rat!

Just confirm the first prize is a night with lovely Livvy!

Pastor of Muppets 27th Aug 2014 22:41

Holy sh$tballs. 2.84b

Romulus 27th Aug 2014 22:44

$2.84 billion

$2,840,000,000

Holy crap.


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