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At the same multi-national a colleague who was moved to another office discovered he had been substantially over-payed (over $ 7000) in moving and relocation allowances.
He then tried to pay it back - he was eventually hauled in and told to "stop making trouble" by HR - of course 18 months later they came and demanded he pay it back INSTANTLY and suggested he had been totally dishonest. Wisely he'd kept it separate and just wrote them a cheque - and quit for another company 3 weeks later. Did wonders for morale around the section |
Did anyone read the ASX QF investor publication today..?. (Link from “in the news email”. - Investor Day.) Reading it may solve some of the dribble that gets posted on here. Page 42 on fleet reinvestment. FY21 2x B789. Just quietly slotted in the long document. Interesting read...... |
Originally Posted by Spring_water
(Post 10621467)
Did anyone read the ASX QF investor publication today..?. (Link from “in the news email”. - Investor Day.) Reading it may solve some of the dribble that gets posted on here. Page 42 on fleet reinvestment. FY21 2x B789. Just quietly slotted in the long document. Interesting read...... Pity the next CEO. |
Originally Posted by Street garbage
(Post 10621673)
Yep, depressing reading, I especially like the section on Page 43 for the period 2023-2027 "up to 63 new narrowbody aircraft OR 21 new widebody aircraft". By 2027 QF will need both- replacement for the A330 (what is the dispatch reliability at the moment?) and 737-8's (the VXA will be 26/27 years old by then).
Pity the next CEO. 139 pages of rubbish. Qantas may take lots of plastic off their aircraft, but the stark reality remains abundantly clear: Their fleet is inefficient and overdue for replacement. The inner circle stand close together and jerk. |
Originally Posted by Spring_water
(Post 10621467)
Page 42 on fleet reinvestment. FY21 2x B789. Just quietly slotted in the long document. Interesting read...... |
Originally Posted by Asturias56
(Post 10592836)
"I'm curious why you think that Qantas should have ordered more aircraft by now"
1. Pilots love new aeroplanes - just like spotters (and aircraft manufacturers) 2. New types mean retraining - which adds interest & skills 3. New types means you can try and extort extra cash 4. You can hold up your head with those who have shiny new new types rather the being the girl/guy at the BBQ who has to admit they're flying an airframe that's older than they are....... I agree with PF (new) - if you are making money why would you take on more debt etc just to have a shiny out of the box fleet? Pay yourself more, retire the debt you have , pay the shareholders and even throw a bone to the whining mob who fly the things |
With the Dubai airshow complete and a self imposed deadline, will Little Napoleon and the carpet baggers at Qantas be revealed as the mystery shopper of new jets?
Might make a mockery of the "negotiation" with Safe Lite AIPA if the order was signed... |
A Tim Clark interview on the A380 sheds alot of light on it's future and worth.
I tend to agree on a few points and consider it will have it's "day in the sun" again, as airports become more retrained and trunk route traffic grows... but for the QF fleet? |
I've always thought that VLAs made sense for QF - whether 747 or A380. There are a stack of high volume, long haul routes where, because of time zone shifts and distance, only a few windows make sense for the business market (LAX, DFW, LHR etc). No point running two or three smaller planes, when you can fill a single larger plane.
Obviously, the 787 and Sunrise, if it happens, starts to break down that logic a bit. |
The only trouble with that analysis is that that's what QF have done for years and the LH international network has contracted steadily.
When you're a relatively high cost airline competing with low cost airlines you have to be able to differentiate enough to be able to charge the premium needed- and TBH I'm not sure Qantas have manged that very well. |
The bigger hub airlines make their money moving westerners through their hubs to their onward destinations. Westerners don’t particularly like dropping in to these hubs, (except Singapore or perhaps Hong Kong pre revolution) but it’s a means to the end. Where western airlines can compete is point to point with a smaller aircraft bypassing the hubs with the smaller originating traffic. Once there is equipment that can do it, and the western airlines all catch on, the hubs will be busted and the mid hub market will be moving their own and developing country originating traffic around. The best way to see the Middle East is at 38,000 feet at .84. The 380 doesn’t work in the west, but it works brilliantly sub 10 hours from a hub like Dubai with an 80% load factor. |
The best way to see the Middle East is at 38,000 feet at .84. |
"Once there is equipment that can do it, and the western airlines all catch on, the hubs will be busted"
Only if the price is equivalent - people will put themselves through some amazingly uncomfortable hoops to save a hundred dollars. Also you have to assume you are going to serve a lot of the current spokes. In the UK you have a choice - you can fly to Heathrow and connect with BA or QF or you can fly direct from your local airport in many cases to Australia via the Gulf. Only a lunatic would choose to change planes in Heathrow rather than Dubai, Abu Dhabi etc. Emirates alone flies to 6 UK destinations. If you see the 787/A350 as "smaller" then maybe you can add some of these locations but will they generate enough traffic to support a non-stop service? |
IMO Qantas will happily leave the punters who want to save a few hundred dollars to other carriers they will charge a 30% premium and probably operate with a 90/95 load factor if Perth/London is anything to go by. |
It'll all be people burning their airmiles if you ask me................ but it's probably a reasonable step for Qantas to take
Problem is you offer non-stop then you are restricted to traffic to/from Australia only and you are competing with other airlines - QF won't have a monopoly on non-stop to/from Australia if someone else can make it pay as well. |
Or as one a2 Milk observer mused, “all reward, no risk”. Little Napoleon is a furlong ahead in the all reward zero risk stakes... With the self imposed deadline rapidly approaching, book makers have shortened the odds of another calendar year of Little Napoleon's reign and not an aircraft order in sight. https://www.smh.com.au/business/comp...09-p53ia3.html |
Qantas has not yet placed a binding order Just column inches for the scrap book and something for Little Napoleon's new favourite to publish, thanks Patrick. |
How many more QF threads can you tie off with the same utterances Mr De? |
Originally Posted by Global Aviator
(Post 10638691)
How many more QF threads can you tie off with the same utterances Mr De? As they say in journalism 'the story that keeps on giving'. Would, that it be different:( |
"Management successfully juiced two and a half years’ worth of PR gimmicks that distracted from Qantas’ chronic fleet underinvestment," he said. "Now pilots will be cast as villains. You have got to admire the gall.” He joins the International Council of Clean Transportation and fund manager Mr Roger Montgomery calling Qantas for what it is: Negligent. Chronic under investment in fleet is a result of not a solitary aircraft order in over a decade. With the sun setting on sunrise... Qantas need a rudder. |
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