Originally Posted by Lookleft
(Post 9989417)
Sorry yes silly me. I haven't been drinking my Kool Aid while reading Yammer lately.:ok:
Wait, you read Yammer? |
Just another carpet bagging , pseudo Manager , absentee landlord shown the door.
Nothing to see , move along now ! The Qantas group is full of them ! |
"Jane took control of the last EA and sorted that real quick when it was a mess.
Surely a good result for pilots? Does the rest really matter?" Surely you jest?!?! I'm lead to believe that after PIA was approved AJ turned up to get things moving. Mind you that was 2 years down the track from the expiry of the last EBA. JH's only response was, according to sources, "there's no more money"! Fooled 70 something % of the drivers who signed up for a 18 month pay freeze and she received over $4M in salary/bonuses. Outlandish for a LCC to pay such gratuity when the constant message is "we have to cut costs". Looking at QF/JQ finances for 16/17 she received over $8M and now has promptly run away leaving the low cost 'conditions' to those that remain and actually have a long term stake at JQ. The only interest these managers appear to possess is short-term self interest & not a lot more! |
Sheez ok ok! You guys will have to find a new brand of milk.
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Originally Posted by Iron Bar
(Post 9989909)
Sheez ok ok! You guys will have to find a new brand of milk.
Most of us have to buy the Woolworths brand |
and of course who can forget the wonderful 'improvements' to staff travel for her JQ minions that she signed off on!
(For those not aware, everyone in the QF group was made equal on JQ aircraft while JQ staff were left remaining as second class citizens on QF aircraft) PG |
What blow.n.gasket says :ugh:
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he 'I make sure I'm home every night with my family' quote when here entire workforce is almost exclusively shift workers disengaged the entire workforce. On the other hand, Jetstar Hong Kong SHOULD have ben operating. Operating a business in China by a foreign entity no matter how many locals you put on the board has always been difficult. Start a business, the Chinese put as many administration obstacles in your way until eventually you give up. You sell "for a song" what is left to get SOMETHING back, and the Chinese move in, employ your business model without the obstacles and reap the rewards. Easy. Although in this case, there's no more a/c. Perhaps she failed to see how things were done and dug in against them. Still, the engagement of staff is critical in a successful business and especially in a NEW business and from most reports, she lived in a "different world". |
she lived in a "different world" Her decisions had immediate effect, but it will take some time to undo the damage that was inflicted under her leadership. Jboards, the Chief Pilot experiment etc etc ............:mad: The list goes on. |
[QUOTE=AEROMEDIC;9990913]Well, it WAS accepted by Joyce from the outset that she be able to do this.
If she wanted to work hours at head office that allowed her to pick her kids up from school that's all good, but to gloat about it I'm a newspaper article really wasn't a good move. We all gave her a chance when she started but this was one of many incidents that discredited her with the workforce. Don't let the door hit you on the way out Jayne (real name Carla fyi). |
Her less than frank handling of JQ HK cost her. Eyebrows were raised when certain documentation showed exactly who footed the bill.
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She has made a very smart move to a2.
It's a money making machine that keeps on giving. If she had any damage to her reputation this will restore it. Come AJ stepping down after the 100 years party (3 or4 years) she will get the job as his replacement with the endorsement of AJ. She was his protege and he would prefer her than Evans to continue his legacy to QF (ffs). All her negatives posted here are probably a positive from a management point of view but I guess we'll have to wait for AJ to go. I'd be willing to give him a push 💩🙌😢 |
Indamiddle, I very much doubt that will be how it happens. Evans' move from CFO to CEO of International and now to Jetstar says to me very much that he is being primed to take over from AJ. He was the architect of Transformation, and now provided he doesn't f**k up at JQ, will give him experience to both major flying businesses.
JH got something of a demotion going from JQ to Loyalty, and obviously saw it as the prime time to look to greener pastures. |
What transformation? Nothing transformed apart from some bonuses.
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.... and the narrative.
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...ah, but that is all one needs in order to please the shareholders. The narrative is the truth, as far as they are concerned.
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Well I guess they blew a few hundred million so that's something
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IFRS19 comes into effect on 01/01/19. It is a new financial requirement that eliminates most rentals and leases from off balance sheet accounting. This will impact on companies credit ratings, borrowing costs and over gearing. I am confident there may be some major issues for the Qantas Group if the rumours about their accounting practices are true. |
Originally Posted by Engineer_aus
(Post 10001122)
So that is why all these JQ A320's are coming off lease and being purchased by QF (Just have to look at the weekly CASA registration reports)
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The impact will be minimal as Qantas already discloses its lease obligations. This standard (IFRS 16) is a substantial change and will remove many of the distortions |
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