Qantas Buying into Network?
Thread Starter
Qantas Buying into Network?
First it's the boats invading WA, now the Big White Rat itself! The Fin Review last Friday reported QF was looking at Network, and rumour has it they want 100 pilots!
What's the goss and where do I signup???
What's the goss and where do I signup???
short flights long nights
So fill us in, what do Qantas want Network for?
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What's the goss and where do I signup???
What easier way to recruit 100 717 pilots on reduced terms then to buy and AOC and start again.
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They want to get into the FIFO charter market out of Perth.
I realise that NJ is really Cobhams and it is separate to QANTAS but Cobhams are leasing the 717s from QANTAS and that is money for jam for QANTAS.
So do QANTAS really want to get involved in something that is not their core business? Funny management if that is so.
If true, 'tis just a replay of the Impulse-Jetstar deal. Gotta be good business to create a third (low-low-low cost) player in the QF stable to starve out all those pesky Tigers and Strategics and any other wannabes that poke their heads too far above the parapet. Also sends a signal to Cobham to keep a very sharp pencil come contract time.
Not so good for pilot T&Cs.
Not so good for pilot T&Cs.
Thread Starter
At great expense to my two-finger typing, here is the article:
Qantas eyes up Network Aviation
Qantas is in talks with Network Aviation, an airline based in Perth, with regards to an acquisition valued at as much as $100 million.
With 9 planes (six Embraer EMB120 Brasilias and three Fokker 100s), many of the charter flights the company conducts support “fly-in fly-out” mining operations.
Qantas and domestic rival Virgin Blue have upped the frequency of flights on existing “resource routes” and added new ones over the past year to tap into the most buoyant corner of the domestic market.
Qantas, which flies to mining towns rather than mine sites like Network Aviation does, has “regular and frequent conversations” with charter operators in all mining regions, said spokesman David Epstein. However, Epstein declined to comment on Network Aviation specifically. A recent review by the WA government resulted in the lucrative Perth-Geraldton route being opened to a second operator, with similar expansion opportunities to follow.
So while British Airways chief executive Willy Walsh continues to paw the ground for a union with Qantas, it seems the Australian airline’s focus remains squarely on matters at home.
Two years into the top job at Qantas, chief executive Alan Joyce has been more focused on organic expansion via the company’s low cost carrier, Jetstar, which he started in 2004.
Qantas is in talks with Network Aviation, an airline based in Perth, with regards to an acquisition valued at as much as $100 million.
With 9 planes (six Embraer EMB120 Brasilias and three Fokker 100s), many of the charter flights the company conducts support “fly-in fly-out” mining operations.
Qantas and domestic rival Virgin Blue have upped the frequency of flights on existing “resource routes” and added new ones over the past year to tap into the most buoyant corner of the domestic market.
Qantas, which flies to mining towns rather than mine sites like Network Aviation does, has “regular and frequent conversations” with charter operators in all mining regions, said spokesman David Epstein. However, Epstein declined to comment on Network Aviation specifically. A recent review by the WA government resulted in the lucrative Perth-Geraldton route being opened to a second operator, with similar expansion opportunities to follow.
So while British Airways chief executive Willy Walsh continues to paw the ground for a union with Qantas, it seems the Australian airline’s focus remains squarely on matters at home.
Two years into the top job at Qantas, chief executive Alan Joyce has been more focused on organic expansion via the company’s low cost carrier, Jetstar, which he started in 2004.
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100 Million Dollar Dream!
Capt. Bloggs,
No disrespect intended, but I think you're been supping on too much 1st Class wine!
100 mil for 6 D Cups, 2 working clapped out 100's and 1 engine-less bucket.
Maybe it's the brand their paying for!
No disrespect intended, but I think you're been supping on too much 1st Class wine!
100 mil for 6 D Cups, 2 working clapped out 100's and 1 engine-less bucket.
Maybe it's the brand their paying for!
Thread Starter
I think you're been supping on too much 1st Class wine!
Maybe it's the brand their paying for!
Where does this leave Air Link/National Jet?
The National Jet operation, now Cobham are probably flat out with the Gorgon project and introducing two new RJ100 aircraft to worry about Network.
Good rumour to influence the minds of those negotiating contract extensions and EBAs etc. " If we don't take a pay cut we will lose it all to Network". They tried it with the 717 introduction and it worked a treat. The answer form the troops SHOULD have been, "well this is what we expect to be paid, if you (management) lose the contract to XYZ, we will go and work for them" but of course the seniority chestnut gets in the way, just like long service leave and egos. So lack of mobility of labour keeps them under control.
Good luck to Network. There is plenty of work over in the West for all the current operators.
Thread Starter
In an airliner mag yesterday I saw (well, it was read to me, on the ground of course!) that Network were getting 8 F@kkers. So that's probably where the $100m is going.
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wind of change in the west
Dare say you'd get more than 8 Fokkers for 100 million bucks.
Link guys will probably do the RPT+Gorgon stuff and Network the mining stuff? Who knows.
Mining charter: contract one day gone the next.
The Skippers and Skywests of the world have got to be scratching their heads. Network wasn't even noticed only couple of years ago. Oopps!
Link guys will probably do the RPT+Gorgon stuff and Network the mining stuff? Who knows.
Mining charter: contract one day gone the next.
The Skippers and Skywests of the world have got to be scratching their heads. Network wasn't even noticed only couple of years ago. Oopps!
Quote:
"Latest rumour is Dash8 Q 300's for Network if the deal goes through as Qantas wanted a Turbo-prop operation."
They already have a turbo prop operation, it's called Sunstate/Eastern.*
Why would they want to start another from scratch?
"Latest rumour is Dash8 Q 300's for Network if the deal goes through as Qantas wanted a Turbo-prop operation."
They already have a turbo prop operation, it's called Sunstate/Eastern.*
Why would they want to start another from scratch?
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Skippers seeing as they appear to be the biggest FIFO operator