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Originally Posted by theozguru
(Post 10163667)
QF Group have a lot of B787 options. They are replacing the remaining 747's with 787's frame for frame and then the rest go to JQ for international expansion.
JQ isn't reported as two Operating Segments for a reason. Any guess why? Qantas management chose to report QF Domestic and QF International as two operating segments as permitted in AASB 8. At the time the narrative of 'terminal decline' was their industrial play. Showing just how 'bad' Qantas International was suited their purpose. JQ International does not make any money and likely is nowhere close to the Quantitative threshold to ever be exposed. It was after all JQ CEO Mr Buchanan who tried to tell the board JQ International was a wreck. He was promptly shown the door. Mr Joyce has a carefully constructed hero myth, with JQ the centre piece. His ego needs it. To actually expose JQ to further scrutiny adding aircraft is not something they will allow. For an airline flying 48% of the ASK of Qantas, yet only capable of delivering 22% of the revenue, more air frames makes complete sense from an industrial perspective, but is nuts from an economic perspective. JQ International is luckily hidden in the JQ 'group' segment, quietly being supported from Coward Street. Of course not illegal, but the less scrutiny the better |
Originally Posted by theozguru
(Post 10163667)
then the rest go to JQ for international expansion.
Since when?? I recall Georgina spruiking something like this. 2 years ago! She got the chop so I’ll beleive the 787 bullish!t when they’re out front of the terminal. I guess it is a rumour network..... |
Other way around
Originally Posted by theozguru
(Post 10163667)
QF Group have a lot of B787 options. They are replacing the remaining 747's with 787's frame for frame and then the rest go to JQ for international expansion.
From what I’ve heard this would coincide with the Neos arriving at JQ. That would bring the 787 fleet to 25 for QF. |
That sounds a lot more plausible and also somewhat resembles the rumours that’s floated around JQ. The 321neo won’t do a number of the longer legs JQ do with them ie. HNL, so they will still need something else. Anything widebody airbus (even re-stealing the stolen generation) would just be common sense so that’s not going to happen. |
Originally Posted by angryrat
(Post 10164210)
As as far as a split happening, won’t happen for a number of reasons including selling off a subsidiary that has 1500 pilots(not sure of the correct number in Jetstar). You don’t sell your pilots in a shortage when you will finally be able to up ticket prices to cream yield.
They will hardly be likely to sell a low-cost sword to a competitor that can then be turned against them. Nor are they likely to give up the defensive attributes of this shield which would leave a chink in their low-cost armour to be exploited by other LCCs. I agree...its contract season. Don't be naive enough to fall for this ****e. Yawn. PG |
I have heard that following the latest batch of B789's going to QF to replace the B744's that another 8 B789's are going to JQ for European options via SIN/BKK/JKT/DPS from the East coast to compete with Scoot.
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Originally Posted by theozguru
(Post 10170218)
I have heard that following the latest batch of B789's going to QF to replace the B744's that another 8 B789's are going to JQ for European options via SIN/BKK/JKT/DPS from the East coast to compete with Scoot.
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Compare post #19 and post #27
Another management troll- yawn. |
You won’t be seeing Jetstar competing against Scoot unless it bases its 787s in Singapore. Large cost differences between the two, they could not successfully fight them off by basing its operation here. Bruce tried to bring down costs with the A330s in Singapore which ended in an absolute $hitfight. On on the other hand Scoot has considerable scale in Singapore (and is doing very well) where as Jetstar Asia has been on life support for the best part of this decade, no executive has the balls to shut it down. By 2022 Scoot will be four times that of Jetstar Asia. Impossible to compete. |
As long as QF flies into Singapore I think you’ll see Jetstar Asia around. Agree can’t see them expanding or even trying to compete with Scoot. The ole 330 base in Singapore haha yes what a schamozzle that was. Always surprised me they couldn’t work it out or expand it, then again Red Q springs to mind. Then again JQ international is pretty much AUS direct to destinations anyway no stop over required. As for QF and JQ divorcing... As as been said why would QF sell the LCC who would then be a competitor? |
Absolute rubbish. Jetstar rely heavily on Qantas Internationals feed. Jetstar reports two segments together as splitting them would show how poorly JQ international performs. JQ Domestic is highly profitable as it’s a closed market and the group can make sure it’s competition is limited. LCC economics get worse with both distance and higher fuel prices. If they were going to fly to Europe or USA they would have done it by now. With fuel rising it’s the worst time to launch low cost long haul routes. It is EBA time and pilots are stupid so............. |
FC, reread what I said... As long as QF fly into Singapore Jetstar Asia will be around. Yes indeed Jetstar Asia relies on the feed however QF relies on Jetstar to provide that feed. Without the orange bro who would QF onbook to? Scoot? Singapore Airlines? Tell him he’s dreaming son. Maybe if there was a one world partner short haul. Even EK code share. Long haul LCC Scoot have the huge advantage of being under that huge SQ umberalla, like Jetstar to QF. Anyways yes interesting times to fight for what one should be paid. The biggest issue are the people willing to accept well anything. It shall be interesting to see the turnouts to the China roadshows advertised in the paper. |
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