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18th Oct 2020, 04:57
Replies: 864
Views: 240,288
Posted By T-Vasis

[/color] Easy. Make it profitable. And it can....

[/color]
Easy. Make it profitable. And it can. VA was profitable at an operating level. It had a disastrous balance sheet that was hemorrhaging. However, the business could generate positive cash...
28th Sep 2020, 09:23
Replies: 20
Views: 8,933
Posted By T-Vasis

Social media people are usually young people (at...

Social media people are usually young people (at least from what I have seen in my different companies) They're entry-level jobs. They probably have no idea of what is occurring this week. Or the...
28th Sep 2020, 09:15
Replies: 105
Views: 17,762
Posted By T-Vasis

Someone had to sign off the procurement spend. ...

Someone had to sign off the procurement spend. There will be documents and names up a tree. From the bottom to the top.
24th Sep 2020, 05:45
Replies: 864
Views: 240,288
Posted By T-Vasis

It isn't about that. It is about the precedent...

It isn't about that. It is about the precedent it creates across the industry. Plus - all the other EA's then come cap-in-hand creating a lot of 'management pain' to keep the labour cost as low as...
18th Sep 2020, 15:46
Replies: 20
Views: 6,998
Posted By T-Vasis

To boost their cash positions. When I say...

To boost their cash positions. When I say 'everybody wins' - I refer to QF/JQ and the state government belief system that they are 'keeping jobs in their state'. It is disgusting that taxpayer money...
18th Sep 2020, 13:50
Replies: 20
Views: 6,998
Posted By T-Vasis

This is what will happen - NSW will provide QF...

This is what will happen - NSW will provide QF with an incentive to stay in NSW and they will. VIC will provide JQ (via QF) an incentive to stay in VIC and they will. Everyone wins - no one moves.
15th Sep 2020, 07:32
Replies: 2,181
Views: 745,842
Posted By T-Vasis

AFR @...

AFR @ https://www.afr.com/companies/transport/qantas-mulls-move-from-mascot-20200915-p55vsz

SMH @...
7th Sep 2020, 08:13
Replies: 30
Views: 7,920
Posted By T-Vasis

Chui is only interested in self-promotion and...

Chui is only interested in self-promotion and YouTube revenue to fund his travel lifestyle/brand.
6th Sep 2020, 08:34
Replies: 1,236
Views: 370,082
Posted By T-Vasis

Pandemics are not black swan events. Even the...

Pandemics are not black swan events. Even the inventor of the concept has publicly argued the same. COVID is a pandemic. Nothing more. They've happened in the past - they'll happen in the future.
6th Sep 2020, 08:07
Replies: 1,236
Views: 370,082
Posted By T-Vasis

Who is that?

Who is that?
6th Sep 2020, 08:05
Replies: 1,236
Views: 370,082
Posted By T-Vasis

He called it a 'black swan' event. Yet it isn't....

He called it a 'black swan' event. Yet it isn't. He doesn't even understand black swan theory.
31st Aug 2020, 11:05
Replies: 1,236
Views: 370,082
Posted By T-Vasis

As we know - private equity typically focuses on...

As we know - private equity typically focuses on fixing broken business and selling them for a profit. Also known for causing havoc and worsening a business for example, Toys 'R' Us had $1.86b of...
31st Aug 2020, 09:14
Replies: 1,236
Views: 370,082
Posted By T-Vasis

It is broader than that. The tech stack...

It is broader than that. The tech stack investment for Velocity is about CX improvement and 'big data' analytics maturity.

[/color]
I have not said technology will be used to improve rostering...
31st Aug 2020, 08:24
Replies: 1,236
Views: 370,082
Posted By T-Vasis

The universal corporate language. Plus all the...

The universal corporate language. Plus all the other gems e.g. synergies and economies of scale...

This would apply broadly to all EA's. Not just pilots. And I would also suspect that there is a...
31st Aug 2020, 07:39
Replies: 1,236
Views: 370,082
Posted By T-Vasis

I see this as an 'optics' play from Bain. The TWU...

I see this as an 'optics' play from Bain. The TWU are also in trouble as their 'numbers' continue to fall and the influence they can have at the airlines. The EA's at VA will need sharpening aka...
29th Aug 2020, 04:34
Replies: 1,236
Views: 370,082
Posted By T-Vasis

But why run the metric? My comment has no...

But why run the metric? My comment has no relationship with VA. It is a generalist opinion. You'd only 'run the metric' on the basis that I implied Paul and his team were 'good' and 'smart' people...
29th Aug 2020, 03:13
Replies: 1,236
Views: 370,082
Posted By T-Vasis

Mick, I am not sure why you provided a narrative...

Mick, I am not sure why you provided a narrative with your perspective on Paul/VA's performance? You may need to reread my response. I said that what determines success is having good (and smart)...
28th Aug 2020, 23:47
Replies: 1,236
Views: 370,082
Posted By T-Vasis

Well, that is incorrect. Just over seven years...

Well, that is incorrect. Just over seven years combined Qantas and Ansett and a short tenure as part of Rex start-up. Anyway - having depth in the industry does not determine success. What determines...
25th Aug 2020, 04:33
Replies: 64
Views: 18,884
Posted By T-Vasis

Not exactly. Qantas sold their catering business...

Not exactly. Qantas sold their catering business (what remained) to Dnata. The Cairns and Sydney units to Gate Gourmet back in 2012.

This is a case of outsourcing versus insourcing. This...
25th Aug 2020, 04:02
Replies: 64
Views: 18,884
Posted By T-Vasis

QF Group Ground Handling Cuts

Jetstar is terminating 370 employees in a move to outsource 100% of their ground handling function. Qantas will go through a 'bid' process with internal and external groups for ground handling...
19th Aug 2020, 04:00
Replies: 8
Views: 4,170
Posted By T-Vasis

QF Air Turnback - QE Engineering

I find this one interesting. Qantas Engineering going 'above' the manufactures maintenance recommendations in what I presume was Qantas being 'proactive' and as a result, created a problem that led...
4th Aug 2020, 12:25
Replies: 146
Views: 60,400
Posted By T-Vasis

This $115m for this number of aircraft does not...

This $115m for this number of aircraft does not seem right. The list price is USD$50m per aircraft. There is no way they are offering them for $5m each. Impossible. There has to be more to this.
4th Aug 2020, 12:23
Replies: 1,236
Views: 370,082
Posted By T-Vasis

That is old news. Bain had quoted in the past...

That is old news. Bain had quoted in the past that the headcount would reduce in line with the reduced fleet size. That number of 4k is on mark to what was discussed in previous interviews. [/color]
16th Jul 2020, 11:11
Replies: 23
Views: 4,523
Posted By T-Vasis

The airlines flying into Australia are not flying...

The airlines flying into Australia are not flying profitability. Most flights have just a few passengers on them. They're flying valuable cargo. Some airlines, like Qatar - are taking advantage of...
10th Jul 2020, 05:55
Replies: 1,236
Views: 370,082
Posted By T-Vasis

I think they want to just liquidate VA and take...

I think they want to just liquidate VA and take home a little more than zero if Bain gets the business...
Showing results 1 to 25 of 474
 


 
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