4 Corners this Monday
 

This will be an interesting view, hopefully it will hasten the end of one of the greatest acts of corporate terrorism we’ve ever seen.

https://www.abc.net.au/4corners/flig...os-at/14039420

Is this show still on!

4 Corners’ Stephen Long crashed the presser last week, 30.30 onwards.

Love the old ‘we will do an interview with you’, (cough cough with terms and conditions attached)….reporter wasn’t having a bar of it.

“Virgin is just as bad as us”

Says it all doesn’t it. I also imagine there are thousands of staff who would love to be interviewed by 4 corners about their workplace.

deflected for 5 minutes then got a Dorothy Dixer from Robyn Ironside to bail him out.

don’t you love when asked why equal jobs equal pay, he immediately jumped to a dash8 pilot vs widebody..

Probably not:

Since reporting annual results last Thursday, the stock has gained nearly 16%. With an enterprise value set at 4.1 times its forecast earnings before interest, tax, depreciation and amortization over the coming 12 months, Qantas is now sitting on a higher multiple than the average 3.6 times in the 10 years before Covid-19 struck.Those who bought close to the bottom at the end of March 2020 have enjoyed a 65% capital gain, and last week were given a A$400 million share buyback, too. If the uptake of apology vouchers is much below 60%, Qantas will end up giving a bigger thank you to equity investors than passengers.

This is only to be expected. Customers hate businesses with excessive market share, knowing how little choice they have to seek alternatives. For the same reasons, shareholders love them. So long as that situation prevails, Joyce’s job will be safe.

Passengers Hate Qantas. Shareholders Aren’t Bothered

I wouldn’t expect any changes as a result of Monday night’s program. Despite all the negative press the company has copped in the last months the share price has matched the ASX 200, and then taken off with a 16% increase since results day. Some analysts see the share price hitting $6.80, a 30% increase.

Investors were happy with the FY results, the board won’t budge unless the investors aren’t happy, so no changes of CEO anytime soon.

Another article highlighting the strong performance of the company and the relatively rosy outlook:

Why did the Qantas share price rocket 17% in August?

While Qantas maintains its world class system of political patronage, starting with the Chairman’s lounges, it’s parasitic economic stranglehold on the Australian economy will continue.

‘’If you are a major shareholder, what’s not to like?

Master of deflection. When asked about the Govt policy of same job, same pay, he says why should we pay a Dash 8 pilot the same as an A380, it's the same job right. This man is disingenuous at best, but I could think of other descriptors. Even the man or woman in the street when shown the aircraft side by side and asked who would get paid more to fly it would get the correct answer 99.9 percent of the time. He is just insulting the intelligence of the press and the wider populace.

It clearly indicates just how out of touch he is with what his employees actually do.

So by the same rationale Joyce wants to be paid the same as Low Capacity RPT/Charter CEO. Exactly the same job and title.

And why have multiple CEO’s? Joyce is CEO Qantas, Wirthless is CEO Qantas Loyalty, Evans is CEO Jetstar, Gissing has been CEO but now is Group Executive, why not roll all these businesses under the one entity and have just one CEO, call the others just ‘Managers’ and slice their salaries by a third. After all, they’ve all contributed a loss of $800m or whatever it was, so they deserve a pay downgrade.

And why exactly is he at the jobs summit,he wont agree with anything unless it involves a wage freeze & then if lucky a pay rise at least 50% below cpi whilst he & his cronies keep lining their pockets & blaming everyone else for the problems being highlighted every day of the werk.

What he actually said was:

Guess it will have the usual ABC left wing bias.

Guess it will have the usual ABC left wing bias only presenting negative view points.

That you Alan?

So what do you except a “neutral” ABC report should be? Letting business leaders and executives spout talking points without being questioned?

If you want regurgitated talking points consume other media like News Corp and their hand wringing about the recent jobs summit.

I for one am glad the we have quality investigative journalism provided by 4C that has exposed many things the public needs to be aware of, I’ll harken back to their expose of the Norfolk Island ditching incident and the failure of CASA and the ATSB, which eventually led to the departure of the heads of both those organisations.

On top of the 4 Corners report, tonight's news services will be full of reports about JQ stranding it pax in DPS, HNL, NRT etc due to numerous issues with the 787 fleet. As usual, JQ is not helping itself with truly dire customer service.

you sound like the majority of Captains I flew with back in the day (in between two other common gripes about ungrateful tenants in their negative geared properties, and the evil tax man stealing half their income)