QANTAS - Australia II
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From AAP:
Govt wants Qantas jobs kept in Australia
Qantas must keep jobs and maintenance facilities in Australia if a consortium bidding to buy the airline is to win federal government approval.
Deputy Prime Minister Mark Vaile told The Australian newspaper the Macquarie Bank led-consortium must provide guarantees on a range of issues for the $11-billion deal to get the nod.
This could also include the bidders committing to maintain its existing flights to regional areas.
"Obviously we can't be too interventionist but this business, particularly post-Ansett, is in a very unique position in the Australian economy and therefore we need to move forward with great care," Mr Vaile said.
Mr Vaile also said the government would not open the lucrative trans-Pacific route for several years to airlines other than Qantas and Virgin Blue.
+++++
Interesting, I guess. At least they're thinking about the future of the airline and its employees. Whether or not it amounts to anything is another thing.
Govt wants Qantas jobs kept in Australia
Qantas must keep jobs and maintenance facilities in Australia if a consortium bidding to buy the airline is to win federal government approval.
Deputy Prime Minister Mark Vaile told The Australian newspaper the Macquarie Bank led-consortium must provide guarantees on a range of issues for the $11-billion deal to get the nod.
This could also include the bidders committing to maintain its existing flights to regional areas.
"Obviously we can't be too interventionist but this business, particularly post-Ansett, is in a very unique position in the Australian economy and therefore we need to move forward with great care," Mr Vaile said.
Mr Vaile also said the government would not open the lucrative trans-Pacific route for several years to airlines other than Qantas and Virgin Blue.
+++++
Interesting, I guess. At least they're thinking about the future of the airline and its employees. Whether or not it amounts to anything is another thing.
Join Date: May 2005
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if i would be a plumber
like the guy who did some work in my place, he again is overseas with his 2 kids to disneyland( qantas, of course). that makes it 3 holidays in the last 12 month (2 overseas, one in qld). and financially i think he i pretty well off (i did have a look at his house). i do agree,if you look for a job you need a trade or some qualification (and most f/a's have them including uni degrees). the old saying prevels if you want a job there is one. worst case scenario get your truck licence and head to qld or wa for a 100k+ job in the mines.
Join Date: Nov 2004
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By Long Haul or Short Haul full time staff standards what the MAM flight attendants get it not good. But by Jetstart International Standards its significantly better.
I think that the lack of annual, sick, and LS Leave is appalling, given that they do full time work.
But by community standards its becoming more commonplace.
Those in established jobs or with a skill that is marketable can do better but my friend was Long Term unemployed before he got the position , although had previously held well paid management positions.
Having been through the whoe centrelink experience my friend is very grateful for a well paying job. He does however realise that its a job and not a career which is very sad.
I will get an update from him on income when he gets his next pay which includes three regional flights. BOM, SHA,PEK
will be interested as i dont believe he is misleading me, but it could we be that the pay is variable from month to month depending on hours etc
I think that the lack of annual, sick, and LS Leave is appalling, given that they do full time work.
But by community standards its becoming more commonplace.
Those in established jobs or with a skill that is marketable can do better but my friend was Long Term unemployed before he got the position , although had previously held well paid management positions.
Having been through the whoe centrelink experience my friend is very grateful for a well paying job. He does however realise that its a job and not a career which is very sad.
I will get an update from him on income when he gets his next pay which includes three regional flights. BOM, SHA,PEK
will be interested as i dont believe he is misleading me, but it could we be that the pay is variable from month to month depending on hours etc
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roamingwolf
You are out of touch mate, I know quite a few P.A.s in SYD. most are paid 70-80K and the odd one earning over the ton but its all about the skill set you bring to the table..?
I wouldn't have thought many people whom are long term QF employees could leave, change vocation and earn the same money.
Just adding perspective
.A close mates wife gets over $50,000 a year in Sydney and is a pa .She is a good worker and I’m not putting her down but mate she is just an organiser not a brain surgeon and she is pulling in a lot more than$35000.
I wouldn't have thought many people whom are long term QF employees could leave, change vocation and earn the same money.
Just adding perspective
Join Date: Nov 2006
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Bolty,
G'day , as qcc2 said a lot of cabin crew have other qualifications including uni degrees .
the biggest problem is getting your foot in the door mate or knowing someone and that is with just about anything in life.
If you want a job there will be one because we are not specilaised like the tech crew are.
I reckon it depends on if you are willing to move as well and not just work where you have always been.
Mate who knows what the new bosses will bring if they get the OK for the takeover we might have to work in Mt Isa in the mines if we want decent money.
I might have to get the 14 year old to teach me some new computer skills and you never know.But thanks for telling us about the pay scale .There are a few here that reckon you'd be lucky to break 35 K .Things are not as dark as they would make out
G'day , as qcc2 said a lot of cabin crew have other qualifications including uni degrees .
the biggest problem is getting your foot in the door mate or knowing someone and that is with just about anything in life.
If you want a job there will be one because we are not specilaised like the tech crew are.
I reckon it depends on if you are willing to move as well and not just work where you have always been.
Mate who knows what the new bosses will bring if they get the OK for the takeover we might have to work in Mt Isa in the mines if we want decent money.
I might have to get the 14 year old to teach me some new computer skills and you never know.But thanks for telling us about the pay scale .There are a few here that reckon you'd be lucky to break 35 K .Things are not as dark as they would make out
Join Date: May 2005
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spot on
bolty, i know a pa which earns around 110k plus car and lots of perks (free tickets to movies, shows, chairmans lounge at he races, jc travel and so on.
its not an easy job but the person loves it dearly and is very good at it. does she sl**p with the boss (like someone we All know), no.
its not an easy job but the person loves it dearly and is very good at it. does she sl**p with the boss (like someone we All know), no.
Join Date: Mar 2006
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MAM people get around $1200-?? a fortnight, not a week. But the more a MAM works the more they earn. SYD MAM get more than other bases due to more trips. The more overnight trips the better the pay.
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Here is an interesting article in the AFR Mon 8th Jan 2007.......
Jeffrey Lucy, chairman of the Australian Securities and Investments Commission, is reported (January 3) as having said in respect of the private equity boom that managing conflicts of interest, such as the potential for executives to make a substantial windfall by supporting bids to take their companies private, would be a key issue for regulators in 2007.
The first major test case is the announcement that Geoff Dixon, chief executive officer of Qantas, has agreed with the bidder that if the private equity takeover of the airline is successful he will have a long-term service contract and will receive a bonus of up to $60 million if certain performance targets are met.
In announcing the recommendation of the takeover bid, the Qantas chairman said that Dixon had not participated in the "board decision-making process", but agreed with the recommendation.
Dixon announced at the same time that the bidder had offered him and he had agreed, that if the takeover was successful he would have a long-term service contract as CEO and that his new salary package would be about the same as he was now receiving but, in addition, he would receive a bonus of up to $60 million depending on Qantas's performance after privatisation. He further said that he had decided to give the bonus to a private fund to be established by him for the benefit of the community, particularly in the areas of medical research and indigenous health and education.
The question is whether the decision to give away the $60 million bonus removes Dixon's conflict of interest or, in the words of Lucy, "manages the conflict". I do not question Dixon's generosity nor his great desire to benefit medical research and indigenous health and education. I have no doubt that he has a real and substantial personal interest in those matters. But has the conflict been removed?
Several points should be noted. First, the bidder has not offered other Qantas employees long-term service contracts nor a bonus. Unlike Dixon, they will, if the takeover is successful, get no job security and no bonus.
Second, for most of us Dixon has been, and is, the face of Qantas. He is reported as being involved in the pre-bid discussions with the bidder and since the announcement has publicly supported it.
Third, Dixon has chosen to give the $60 million bonus to charitable objects and not to the Qantas employees who have no long-term security nor any bonus - despite the fact that Dixon's bonus will be based upon the contribution by other employees to the performance of Qantas. But then, the decision to whom Dixon gives the bonus is his choice - it's his money.
Fourth, Dixon's personal interest in giving to charitable causes remains a personal interest despite his benevolence.
In my view, the proposed donation does not remove the conflict of interest but reinforces it. Dixon's personal interests are in conflict with his position as CEO of Qantas.
Daniel Appleby,
Speed and Stracey Lawyers, Sydney, NSW.
Darth said in an interview that he could not guarantee jobs for Qantas employees or his own.Yet at the same time he would have been aware that if the takeover went ahead (and he was endorsing that very deal) it included a long term contract for him with substantial remuneration and a huge bonus not really seen before in Australia.
Jeffrey Lucy, chairman of the Australian Securities and Investments Commission, is reported (January 3) as having said in respect of the private equity boom that managing conflicts of interest, such as the potential for executives to make a substantial windfall by supporting bids to take their companies private, would be a key issue for regulators in 2007.
The first major test case is the announcement that Geoff Dixon, chief executive officer of Qantas, has agreed with the bidder that if the private equity takeover of the airline is successful he will have a long-term service contract and will receive a bonus of up to $60 million if certain performance targets are met.
In announcing the recommendation of the takeover bid, the Qantas chairman said that Dixon had not participated in the "board decision-making process", but agreed with the recommendation.
Dixon announced at the same time that the bidder had offered him and he had agreed, that if the takeover was successful he would have a long-term service contract as CEO and that his new salary package would be about the same as he was now receiving but, in addition, he would receive a bonus of up to $60 million depending on Qantas's performance after privatisation. He further said that he had decided to give the bonus to a private fund to be established by him for the benefit of the community, particularly in the areas of medical research and indigenous health and education.
The question is whether the decision to give away the $60 million bonus removes Dixon's conflict of interest or, in the words of Lucy, "manages the conflict". I do not question Dixon's generosity nor his great desire to benefit medical research and indigenous health and education. I have no doubt that he has a real and substantial personal interest in those matters. But has the conflict been removed?
Several points should be noted. First, the bidder has not offered other Qantas employees long-term service contracts nor a bonus. Unlike Dixon, they will, if the takeover is successful, get no job security and no bonus.
Second, for most of us Dixon has been, and is, the face of Qantas. He is reported as being involved in the pre-bid discussions with the bidder and since the announcement has publicly supported it.
Third, Dixon has chosen to give the $60 million bonus to charitable objects and not to the Qantas employees who have no long-term security nor any bonus - despite the fact that Dixon's bonus will be based upon the contribution by other employees to the performance of Qantas. But then, the decision to whom Dixon gives the bonus is his choice - it's his money.
Fourth, Dixon's personal interest in giving to charitable causes remains a personal interest despite his benevolence.
In my view, the proposed donation does not remove the conflict of interest but reinforces it. Dixon's personal interests are in conflict with his position as CEO of Qantas.
Daniel Appleby,
Speed and Stracey Lawyers, Sydney, NSW.
Darth said in an interview that he could not guarantee jobs for Qantas employees or his own.Yet at the same time he would have been aware that if the takeover went ahead (and he was endorsing that very deal) it included a long term contract for him with substantial remuneration and a huge bonus not really seen before in Australia.
Join Date: Jan 2007
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At the risk of being the only atheist in church, the following questions need to be asked .
What is Darth doing with $60 mill of the shareholders loot anyway and what is he doing giving it away ?
Who approves this obscene madness ?
Is it Maggie and the board ?
If I was a shareholder I would be livid and call for their resignations.
This figure represents approx 12% of last years Net Profit … and rightfully belongs to the shareholders.
Is it conscience money for taking food out of his employees and shareholders mouths ?
Since when has this charitable largesse been a part of a public company CEO’s job description ?
As an aside over the next few weeks look no further than the fluctuating share price for a true indicator of the Government's decision on allowing the deal to go ahead.
Personally i'm hoping for a steady decline .
What is Darth doing with $60 mill of the shareholders loot anyway and what is he doing giving it away ?
Who approves this obscene madness ?
Is it Maggie and the board ?
If I was a shareholder I would be livid and call for their resignations.
This figure represents approx 12% of last years Net Profit … and rightfully belongs to the shareholders.
Is it conscience money for taking food out of his employees and shareholders mouths ?
Since when has this charitable largesse been a part of a public company CEO’s job description ?
As an aside over the next few weeks look no further than the fluctuating share price for a true indicator of the Government's decision on allowing the deal to go ahead.
Personally i'm hoping for a steady decline .
Join Date: Aug 2005
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Progression
Nothing against Jetstar cabin crew, but am I the only one who doesn't see the logic in Jetstar crew progressing to Qantas?
Jetstar is taking over Qantas routes and aircraft, they are growing (some would say at our expense), yet their cabin crew progress to Qantas. I'd rather see the jobs go to people who are desperately trying to get full time work as flight attendants.
Jetstar is taking over Qantas routes and aircraft, they are growing (some would say at our expense), yet their cabin crew progress to Qantas. I'd rather see the jobs go to people who are desperately trying to get full time work as flight attendants.
Incurable Romantic
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This probably belongs on another forum but it's interesting to note that
Qantas is already dealing with Allco Finance.
A check of the CASA register finds OGG,OGK,OGL,OJG,OJH,and OJJ all listed as being owned by RIL Aviation,c/o Allco Finance Group,Sydney.
There is even one aircraft,OGV registered to a leasing company based in the Cayman Islands!
Could be interesting if the takeover goes ahead Qantas may be leasing aircraft from itself?
Qantas is already dealing with Allco Finance.
A check of the CASA register finds OGG,OGK,OGL,OJG,OJH,and OJJ all listed as being owned by RIL Aviation,c/o Allco Finance Group,Sydney.
There is even one aircraft,OGV registered to a leasing company based in the Cayman Islands!
Could be interesting if the takeover goes ahead Qantas may be leasing aircraft from itself?
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another angle
allco finance can get their hands on 20 billion dollars+ on new aircraft leases without going for a competetive tendering process. 0.2 percent more then other leasing deals would result in a massive increase (40million) in revenue for allco finance. lets not forget they would provide the new QF chairman and other board members.
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I reckon it's funny that those here that go along with the company spiel do not have a shot at the takeover critics.
Maybe thats because they are scared sh!@!&@# that they are going to lose their jobs too.
Guys and girls it is everybody who has a job at risk not just crew
Maybe thats because they are scared sh!@!&@# that they are going to lose their jobs too.
Guys and girls it is everybody who has a job at risk not just crew
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lfdlfp...
JQ Cabin Crew negotiated back in 2002 (when they were QantasLink, and JQ wasn't a blip on our horizon) for Career Progression rights to mainline.
Whilst much has changed since then, we have every right to transfer as does any other wholly owned subsidiary division where the Cabin Crew negotiate for these rights during EBA discussions.
Not having a go, but like all crew in the group, we work damn hard and I believe we've earned our ability to transfer across. Bearing in mind that CP only happens sporadically at best, so it's not as though a huge influx of JQ crew is the beginning of the end.
Understand your point re: JQ taking over, etc etc...but that's a separate issue, and nothing to do with the crew...rather, our illustrious leader and CEO.
JQ has employed approx 400 full time cabin crew since start up, not to mention Eastern & Sunstate have also recruited heavily over the last couple of years. Yes, it is a great shame and pity the opportunity doesn't exist for Aussies to get full time jobs at QF...but we all know who's responsible for that, don't we?
Not only that, CP only activates when MAM casuals (usually) are converted to full time flight attendants...ONCE, and only once, that has occurred, does CP activate the transfer list.
JQ Cabin Crew negotiated back in 2002 (when they were QantasLink, and JQ wasn't a blip on our horizon) for Career Progression rights to mainline.
Whilst much has changed since then, we have every right to transfer as does any other wholly owned subsidiary division where the Cabin Crew negotiate for these rights during EBA discussions.
Not having a go, but like all crew in the group, we work damn hard and I believe we've earned our ability to transfer across. Bearing in mind that CP only happens sporadically at best, so it's not as though a huge influx of JQ crew is the beginning of the end.
Understand your point re: JQ taking over, etc etc...but that's a separate issue, and nothing to do with the crew...rather, our illustrious leader and CEO.
"I'd rather see the jobs go to people who are desperately trying to get full time work as flight attendants."
Not only that, CP only activates when MAM casuals (usually) are converted to full time flight attendants...ONCE, and only once, that has occurred, does CP activate the transfer list.
Join Date: Aug 2006
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Guys and Girls,
I really think you need to start letting up on MAM casuals some of these guys have been trying to get into flying for a very very long time and once they have got in they really love it.....
As far as pay conditions i think that the pay they get is pretty good for the hours they work... there are people working out in the real world earning $15hr as a casual not getting any sick pay, annual leave etc. The guys on contract C can bid for up to 25 days work a month and get a min of 20 days work a month. if they bid high around the month of having to take a month off without pay it more than makes up for it...It is called saving for a rainy day (as my grandma said all the time )
You only have to look at the latest survey rating to see the public have noticed that employing MAM casuals have helped lift the cabin crew satisfaction rating a lot higher than they have been for years....
One must wonder why the company is putting on more MAM casuals i really dont think you need to be a rocket scientist to work it out...
PS I have some really good friends that are SH perm QF employees that agree with me and love working with MAM casuals when they can..
Have a great day and happy flying to all
I really think you need to start letting up on MAM casuals some of these guys have been trying to get into flying for a very very long time and once they have got in they really love it.....
As far as pay conditions i think that the pay they get is pretty good for the hours they work... there are people working out in the real world earning $15hr as a casual not getting any sick pay, annual leave etc. The guys on contract C can bid for up to 25 days work a month and get a min of 20 days work a month. if they bid high around the month of having to take a month off without pay it more than makes up for it...It is called saving for a rainy day (as my grandma said all the time )
You only have to look at the latest survey rating to see the public have noticed that employing MAM casuals have helped lift the cabin crew satisfaction rating a lot higher than they have been for years....
One must wonder why the company is putting on more MAM casuals i really dont think you need to be a rocket scientist to work it out...
PS I have some really good friends that are SH perm QF employees that agree with me and love working with MAM casuals when they can..
Have a great day and happy flying to all
Join Date: Sep 2005
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mam casual
i have a neighbour who is mam.
a couple of years ago when not much flying around she
worked 8 days in 3 months. she had to get another job
to pay the bills. she no longer flies
gd donating the $60m to charity? sop is that most set up
a charitable trust and donate sufficient annually to the trust,
then claim a tax deduction
so that they pay no tax...done properly he may not pay tax
for rest of his life.
a couple of years ago when not much flying around she
worked 8 days in 3 months. she had to get another job
to pay the bills. she no longer flies
gd donating the $60m to charity? sop is that most set up
a charitable trust and donate sufficient annually to the trust,
then claim a tax deduction
so that they pay no tax...done properly he may not pay tax
for rest of his life.