Jerry sells out.
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IMPULSE AIRLINES SOLD TO QANTAS
SYDNEY, 20 November 2001: Qantas Airways confirmed today that the shareholders of Impulse Airlines had decided to exercise their option to sell the business as a going concern to Qantas.
Qantas Chief Executive Officer, Geoff Dixon, said the Impulse shareholders would exit the business entirely with Qantas assuming full ownership from this afternoon.
Mr Dixon said the ownership change was in accordance with the terms of a commercial relationship signed in May this year in which Impulse contracted its aircraft to Qantas, after deciding to withdraw from operating scheduled services in its own right.
He said Impulse would continue to operate under the QantasLink brand, now as a wholly-owned subsidiary together with the four other QantasLink regional airlines – Airlink, Eastern Australia Airlines, Southern Australia Airlines and Sunstate Airlines.
The Impulse fleet of eight Boeing 717 jets and 13 Beechcraft 1900D aircraft would continue to fly QantasLink services. All pilots, flight attendants, engineers and ground staff would remain employed by Impulse Airlines as a subsidiary of Qantas.
Mr Dixon said the change would not affect customer arrangements for bookings and airport procedures as these had been handled by Qantas since Impulse ceased operating in its own right in May.
He also announced the appointment of Mr Bevan Coote, previously General Manager Eastern Australia Airlines, as General Manager of the Impulse operation.
Issued by Qantas Public Affairs
SYDNEY, 20 November 2001: Qantas Airways confirmed today that the shareholders of Impulse Airlines had decided to exercise their option to sell the business as a going concern to Qantas.
Qantas Chief Executive Officer, Geoff Dixon, said the Impulse shareholders would exit the business entirely with Qantas assuming full ownership from this afternoon.
Mr Dixon said the ownership change was in accordance with the terms of a commercial relationship signed in May this year in which Impulse contracted its aircraft to Qantas, after deciding to withdraw from operating scheduled services in its own right.
He said Impulse would continue to operate under the QantasLink brand, now as a wholly-owned subsidiary together with the four other QantasLink regional airlines – Airlink, Eastern Australia Airlines, Southern Australia Airlines and Sunstate Airlines.
The Impulse fleet of eight Boeing 717 jets and 13 Beechcraft 1900D aircraft would continue to fly QantasLink services. All pilots, flight attendants, engineers and ground staff would remain employed by Impulse Airlines as a subsidiary of Qantas.
Mr Dixon said the change would not affect customer arrangements for bookings and airport procedures as these had been handled by Qantas since Impulse ceased operating in its own right in May.
He also announced the appointment of Mr Bevan Coote, previously General Manager Eastern Australia Airlines, as General Manager of the Impulse operation.
Issued by Qantas Public Affairs
Id say we just found out
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I keep wondering whether this is a way QF could buy their way out of the contractual agreement with impulse. 10 yrs was always along time. Pick the eyes out of what they need and disperce with the rest.
Only from what I have heard, it isn't like Impulse has the infrastructure (engineering etc) to do much more than what they are doing, and surely the 1900's are a thing of the past for QF.
i guess time will tell!
Only from what I have heard, it isn't like Impulse has the infrastructure (engineering etc) to do much more than what they are doing, and surely the 1900's are a thing of the past for QF.
i guess time will tell!
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I wonder if Fox/Lew will still be keen
to go ahead,Impulse could well use QF
mainline pilots with F/As on the Impulse/
Virgin rates as Australian Airlines will
also use mainline pilots with other crew
from elsewhere.
to go ahead,Impulse could well use QF
mainline pilots with F/As on the Impulse/
Virgin rates as Australian Airlines will
also use mainline pilots with other crew
from elsewhere.
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Balinda,
Do you really think it makes buisness sense to buy out a company to get out of a contract with them. That has to be one of the sillier posts in a while.
Impulse runs the previously unprofitable or unpalletable routes successfully for Qantas and here lies the value.
Do you really think it makes buisness sense to buy out a company to get out of a contract with them. That has to be one of the sillier posts in a while.
Impulse runs the previously unprofitable or unpalletable routes successfully for Qantas and here lies the value.
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Actually, Mr Abnormal, it makes good business sense if the company comes cheaply enough, and/or is a competitor. A very economical way to rid yourself of an adversary (or millstone around your neck).
This kind of thing happens all the time (in other industries than this).
Buy 'em out, strip the assets, and wind up the company.
Not saying that it will happen, but never say never.
This kind of thing happens all the time (in other industries than this).
Buy 'em out, strip the assets, and wind up the company.
Not saying that it will happen, but never say never.
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How do you know that these routes that Impulse are now flying are profitable, passengers on seats doesn't always equate to profit.
If impulse was doing so well for QF why did the buy the company and risk that wonderful scenario changing.
Recent past has indicated that everything is not what it appears. I wonder whether some of these impulse pilots have stars in their eyes and a great big bit of wishful thinking. If I were them i would be very happy with what I have and hope that it doesn't change too much!
QF F/A's employed only 2 months ago are now being sent out voluntary redundancy requests. I bet we wouldn't have predicted that when they asked whether they should take the job.
I wish them good luck BUT who knows what is happening behind the scenes
[ 20 November 2001: Message edited by: Balinda ]
If impulse was doing so well for QF why did the buy the company and risk that wonderful scenario changing.
Recent past has indicated that everything is not what it appears. I wonder whether some of these impulse pilots have stars in their eyes and a great big bit of wishful thinking. If I were them i would be very happy with what I have and hope that it doesn't change too much!
QF F/A's employed only 2 months ago are now being sent out voluntary redundancy requests. I bet we wouldn't have predicted that when they asked whether they should take the job.
I wish them good luck BUT who knows what is happening behind the scenes
[ 20 November 2001: Message edited by: Balinda ]
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It could well be that Impulse will become the labour hire company for Qantas pilots going onto the new domestic fleet. Over a period of time all of the pilots will be hired thru Impulse.
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I'm just waiting for Impulse Pilots to get on this thread and state that they now have a direct career path onto the B744 and probably the A380....
BTW, Ditch. Please re-read your post and consider why it just may be a contender for "The Most Ridiculous" award....
BTW, Ditch. Please re-read your post and consider why it just may be a contender for "The Most Ridiculous" award....
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Proplever
I think you'll find that most drivers flying brand spanking new 737's with Virgin, or 717's with Impulse domestically, would prefer their work far greater than line up for a crack at flying 744's and A380's on dull longhaul flights
Look at the big picture.
I think you'll find that most drivers flying brand spanking new 737's with Virgin, or 717's with Impulse domestically, would prefer their work far greater than line up for a crack at flying 744's and A380's on dull longhaul flights
Look at the big picture.
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Just like I said in my posts the 6th and 8th of November on the thread "Impulse to get 737-800".
So far 2 out of 3 of my rumours have been correct and trust me number 3 will happen. Impulse will have more jets.
Qantas also plans to keep all 13 1900D's and they will be repainted with the red rat on the tail.
There is also talk that the 1900s will return to the BNE-MCY route next month (to help out over xmas). They may stay on this route in the new year. The 1900s may also replace the Sunshine E110 on the BNE-TNG route.
Impulse still had options on another 12 B717's, so Qantas now have these options. These aircraft could be placed with Southern and NJS/Airlink, replacing the B146 aircraft. This would then give Qantaslink 1 jet type and not 2. The Qantaslink aircraft would be;
B717 (Impulse/Southern/NJS)
DHC8 (Eastern/Southern/Sunstate)
B190 (Impulse)
Not a bad Regional Airline fleet!
So far 2 out of 3 of my rumours have been correct and trust me number 3 will happen. Impulse will have more jets.
Qantas also plans to keep all 13 1900D's and they will be repainted with the red rat on the tail.
There is also talk that the 1900s will return to the BNE-MCY route next month (to help out over xmas). They may stay on this route in the new year. The 1900s may also replace the Sunshine E110 on the BNE-TNG route.
Impulse still had options on another 12 B717's, so Qantas now have these options. These aircraft could be placed with Southern and NJS/Airlink, replacing the B146 aircraft. This would then give Qantaslink 1 jet type and not 2. The Qantaslink aircraft would be;
B717 (Impulse/Southern/NJS)
DHC8 (Eastern/Southern/Sunstate)
B190 (Impulse)
Not a bad Regional Airline fleet!
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Ramrod, I think you're being a little contradictory. In the first sentence of your last post you state that Impulse will be getting the B738 (even though Qf crews are over in Seattle right now training and in the next few days QF are advertising for the B737 spots for the next 12 months!!!! Maybe we wait until then to see the answer) and in your list of aircraft you don't even mention the B738 for Impule.
BTW the memo also says that Impulse will continue under the Qantaslink banner.
BTW the memo also says that Impulse will continue under the Qantaslink banner.
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Or....
Qantas could return the 1900's and the 717's, the latter providing credit for more mainline 737's. Impulse are wound up and Qantas can consider the whole exercise as the protracted removal of a competitor whilst at the same time maximising P.R.
The QF regionals go back to 3 types, all now under the one banner. Perfaps only the Dash and the 146 survive long term, much the better.
Qantas could return the 1900's and the 717's, the latter providing credit for more mainline 737's. Impulse are wound up and Qantas can consider the whole exercise as the protracted removal of a competitor whilst at the same time maximising P.R.
The QF regionals go back to 3 types, all now under the one banner. Perfaps only the Dash and the 146 survive long term, much the better.
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Interesting...there's still talk about Qantas amalgamating the three regionals - guess that makes four now.
How would that work? Could there be integration when Impulse crew have different working conditions than the others (ie pay scales, access to staff travel, etc).
Would Dash 8 pilots working for Eastern for example, get a shot at the 717s?
Ramrod, like your scenario regarding 717s replacing 146s though. Rumours flying that Southern are to lose their jets, which would have been logical with only 3 subsidiaries. Purchase of Impulse might change things a bit.
How would that work? Could there be integration when Impulse crew have different working conditions than the others (ie pay scales, access to staff travel, etc).
Would Dash 8 pilots working for Eastern for example, get a shot at the 717s?
Ramrod, like your scenario regarding 717s replacing 146s though. Rumours flying that Southern are to lose their jets, which would have been logical with only 3 subsidiaries. Purchase of Impulse might change things a bit.
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Skin Chimney....
Hmmm, how appropriate is that name? I'll bet they'd prefer Impulse and VB pay too. I am looking at the BIG picture, you clown. I'd guess that you aren't though. Or maybe the picture is just a little too BIG for you?
And Ramrod, no offence mate, but Nostradamus you aint!
Hmmm, how appropriate is that name? I'll bet they'd prefer Impulse and VB pay too. I am looking at the BIG picture, you clown. I'd guess that you aren't though. Or maybe the picture is just a little too BIG for you?
And Ramrod, no offence mate, but Nostradamus you aint!