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-   -   QF Group possible Redundancy Numbers/Packages (https://www.pprune.org/australia-new-zealand-pacific/633072-qf-group-possible-redundancy-numbers-packages.html)

Keg 19th Aug 2020 06:59

With so much changing on a week by week basis why would Qantas make a decision now? Better to sit on their hands for a bit longer. Can always re-visit fleet/ crewing plans in early 2021 and adjust accordingly.

SandyPalms 19th Aug 2020 07:01

Rangor has already told us he won’t have the vaccine.

Ragnor 19th Aug 2020 07:10

Listening to a professor on the Jim Wilson show this afternoon, he said that it takes up to 20 yrs to produce a vaccine however he mentioned there usually only a hand full of company's making them. With Covid-19 there is 160 companies trying to produce a vaccine which is unheard of, rightly so given what is at stake. 12-18 month time frame by the professor was a reference for production and distribution then administer the dose then waiting for it to be effective with in the population.

Greg Hunt this morning said it would be early 2021 even if the vaccine was successful. Early 2021 has not really been defined is it January or April!

https://www.greghunt.com.au/transcri...ben-fordham-3/

dr dre 19th Aug 2020 07:40


Originally Posted by Ragnor (Post 10864723)
With the 2019-2020 yearly to be announced tomorrow, does anyone have any thoughts on AJ 3 year plan and what changes he will make? What reductions to crew and cabin crew will be made to all of the group in particular QF and Jetstar?

Surely the 3 year plan announced in May will have changed and the crew numbers needed will have changed,

No it won’t be as that is not what the 3 year plan is for. That plan was to deal with long term forecast beyond 3 years, and the crewing numbers required from mid-2022 onwards. Anything in the middle is to be dealt with via stand downs and LWOP. Reduced domestic demand over the next few months will not alter this. The long term surplus from 2023 onwards was the number of 747 crew and it appears maybe a slight few more, but this will be taken care of via VR, early retirement and long term LWOP.

IMO there will be little change announced tomorrow from the recovery plan announced in June (not May btw).

I’ve also noticed most of the time management tend to announce big changes when they’re ready to be announced, not wait until results day.



Icarus2001 19th Aug 2020 07:59


Early 2021 has not really been defined is it January or April!
Well one is four months away and the other is seven months away, so neither is...


...12-18 months away

Xeptu 19th Aug 2020 11:03

Oh for f%#k sake,,,,, straight from the source, "IF" the vaccine is successful (meets benchmark criteria) we will know by the end of 2020, mass production can begin around April 2021, it will then take 12 months before sufficient numbers have been vaccinated, before restrictions can be lifted completely.

slats11 19th Aug 2020 11:37

Vaccine is a long way off. 6 months ago, 18 months was very optimistic. I don’t think anything has changed.

in computer speak, a vaccine is vapourware.

ECAMACTIONSCOMPLETE 19th Aug 2020 22:40


Originally Posted by Ragnor (Post 10864723)
With the 2019-2020 yearly to be announced tomorrow, does anyone have any thoughts on AJ 3 year plan and what changes he will make? What reductions to crew and cabin crew will be made to all of the group in particular QF and Jetstar?

747, 380 787 Jetstar 787 maybe even 330 crew will be surplus to requirements then 737 and 320 how much surplus is there as there is no end in sight for domestic borders opening up.

Surely the 3 year plan announced in May will have changed and the crew numbers needed will have changed, also given a vaccine will be at least 12-18 months away Qantas will want to reduce cash burn even further to even survive past December 2021.

"Recent developments in Victoria and the reimposition of some border restrictions in other parts of Australia are not expected to have a material impact on the delivery of the three-year plan."

Straight from today's profit announcement

chookcooker 19th Aug 2020 22:41


Originally Posted by Xeptu (Post 10864944)
Oh for f%#k sake,,,,, straight from the source, "IF" the vaccine is successful (meets benchmark criteria) we will know by the end of 2020, mass production can begin around April 2021, it will then take 12 months before sufficient numbers have been vaccinated, before restrictions can be lifted completely.

What source??

Green.Dot 20th Aug 2020 00:04


Originally Posted by ECAMACTIONSCOMPLETE (Post 10865511)
"Recent developments in Victoria and the reimposition of some border restrictions in other parts of Australia are not expected to have a material impact on the delivery of the three-year plan."

Straight from today's profit announcement

Of course- they are going to remain upbeat to the shareholders and public.

They are just like everyone else- hoping for the best (“our 3 year plan is unchanged” & “5h!t this vaccine better work!”) but in the background they are planning for the worst (“where are we going to slash next to save the company?”)



ECAMACTIONSCOMPLETE 20th Aug 2020 00:26


Originally Posted by Green.Dot (Post 10865545)
Of course- they are going to remain upbeat to the shareholders and public.

They are just like everyone else- hoping for the best (“our 3 year plan is unchanged” & “5h!t this vaccine better work!”) but in the background they are planning for the worst (“where are we going to slash next to save the company?”)

Yes, of course.

But I was countering Ragnor's hypothesis that an announcement would be made today regarding a changing of the 3 year plan.

I'm sure they're war gaming many scenarios.

Bug Smasher Smasher 20th Aug 2020 00:29

And getting ready to deliver pineapples to more staff and crew.


That means we’ll need to reinvent parts of our business to succeed.

SandyPalms 20th Aug 2020 00:44

https://cimg3.ibsrv.net/gimg/pprune....6b6e6db54.jpeg

dr dre 20th Aug 2020 01:09

Mainline Cabin Crew with an EBA under negotiation have already been presented with a fairly decent list of productivity and efficiency claims from management.

dragon man 20th Aug 2020 02:17

This cracks me up, the hypocrisy of him.

Offering voluntary (rather than compulsory) redundancy wherever possible and providing
large severance payouts for long-serving employees in particular.


Im wondering why he didn’t say except for pilots between 63 and 65.

normanton 20th Aug 2020 03:15


Originally Posted by dragon man (Post 10865575)
Im wondering why he didn’t say except for pilots between 63 and 65.

Are you offended by that dragon_man?

There is practically 0 international flying for the foreseeable future. He's doing everything he can to try and save cash. If you owned Qantas would you pay out a VR package to someone who in two years time will be retiring, and can't be used for the next 2 years?

Its not the company's fault. It's not Allan's fault. It's not the pilot's fault. But that's the hand that's been dealt.

It's smart business accounting. Nothing more, nothing less.

dragon man 20th Aug 2020 03:24


Originally Posted by normanton (Post 10865599)
Are you offended by that dragon_man?

There is practically 0 international flying for the foreseeable future. He's doing everything he can to try and save cash. If you owned Qantas would you pay out a VR package to someone who in two years time will be retiring, and can't be used for the next 2 years?

Its not the company's fault. It's not Allan's fault. It's not the pilot's fault. But that's the hand that's been dealt.

It's smart business accounting. Nothing more, nothing less.


Really then why would you pay it to a 380 pilot who is 62 when he has said today they are grounded for 3 years? Secondly they are not and cannot be made to retire they remain accruing annual and long service leave the same as everyone else and don’t tell me I’m wrong as the next one is 65 tomorrow and he has been told he can remain on jobkeeper along with the three that are already there.

Green.Dot 20th Aug 2020 03:28


Originally Posted by dragon man (Post 10865575)
Im wondering why he didn’t say except for pilots between 63 and 65.

I was almost going to write “let’s take bets on how long it takes Normanton to respond to this one!”

dragon man 20th Aug 2020 03:31


Originally Posted by Green.Dot (Post 10865603)
I was almost going to write “let’s take bets on how long it takes Normanton to respond to this one!”

You could have added pushing the companies point of view of course.

normanton 20th Aug 2020 03:40


Originally Posted by dragon man (Post 10865602)
Really then why would you pay it to a 380 pilot who is 62 when he has said today they are grounded for 3 years? Secondly they are not and cannot be made to retire they remain accruing annual and long service leave the same as everyone else and don’t tell me I’m wrong as the next one is 65 tomorrow and he has been told he can remain on jobkeeper along with the three that are already there.

No idea dragon_man.

That's really great they can't be forced to retire. Whats even more great is they still accrue annual leave and long service leave while they wait for a 737 slot to appear sometime in the next 5 years. What's next? Finally get a 737 slot and call sick on day one of the ground school for 12 months sick leave?


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