QANTAS to split into Domestic and International organisations

[Blackadder]

Qantas Airways splits in two

Each of the two businesses will have its own chief executive, and will report its financial results separately, Qantas said on Tuesday.
The restructure will bring about several changes to the airline's executive team, including the departure of Jetstar boss Bruce Buchanan.
"Formally separating the management of Qantas International and Qantas Domestic will ensure that we can independently run each business according to its specific priorities and market conditions," chief executive Alan Joyce said in a statement.

 

[SenZubEanS]

QANTAS to split International and Domestic operations from July

SOURCE - Qantas Airways splits in two

Qantas Airways is splitting its international and domestic operations into two separate businesses from July.
Each of the two businesses will have its own chief executive, and will report its financial results separately, Qantas said on Tuesday.
The restructure will bring about several changes to the airline's executive team, including the departure of Jetstar boss Bruce Buchanan.


Announcement to ASX - http://www.asx.com.au/asxpdf/20120522/pdf/426dj660px3hfj.pdf

 

[Greggsy]

Re: QANTAS to split International and Domestic operations from July

Will the new company have an orange star as a logo?

 

[PapaRubbery]

Re: QANTAS to split International and Domestic operations from July

Any QANTAS staffers on here in a position to shed light on what this means for staff benefits?

 

[simongr]

Re: QANTAS to split International and Domestic operations from July

Hopefully this will end some of the cost shifting between JQ and QFi.

 

[bossreggie]

Re: QANTAS to split International and Domestic operations from July

Can I have my Qantas shares ALL converted to Qantas Domestic please??

OR..... A combination of Qantas Domestic AND Qantas Frequent Flyer.

That is all.

Boss

 

[Slats7]

Re: QANTAS to split International and Domestic operations from July

QANTAS will seperate its domestic and international business operations from July, each with its own CEO, as the airline continues a major overhaul. The carrier says each of the two businesses will have its own boss, and will report its financial results separately.
The restructure will bring about several changes to the airline's executive team, including the departure of Jetstar boss Bruce Buchanan.

Read more: Qantas to split up business between domestic and international service | News.com.au
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[el_rooto]

Re: QANTAS to split International and Domestic operations from July

How are the costs associated with the fleet dealt with? Especially if a plane does intl and dom routes?

 

[travelislife]

Qantas International and Domestic Business to split

Qantas Airways splits domestic, international wings

What is it really going to mean? Better that QF international will have 'cleaner' books? Or worse, QF international will be hung out to dry?

 

[tuapekastar]

Re: QANTAS to split International and Domestic operations from July

It'd be a bummer if this led to QF/JQ style dysfunctional situations. A complaint or request to QFd could provoke an answer like 'sorry sir,that's QFi, a different airline, can't help you'. :shock:

 

[lovestotravel]

Re: Qantas International and Domestic Business to split

Qantas Airways splits domestic, international wings

What is it really going to mean? Better that QF international will have 'cleaner' books? Or worse, QF international will be hung out to dry?

Hard to say what this means, but I am thinking QF International will be easier to be hung out to dry!

 

[moa999]

Re: Qantas International and Domestic Business to split

ummm. already in open discussion
http://www.australianfrequentflyer....-international-domestic-operations-39709.html

 

[yohy?!]

Re: QANTAS to split International and Domestic operations from July

Is this a throw-the-toys-out-of-the-pram reaction to DJs re-structuring that they couldn't block?

 

[yohy?!]

Re: QANTAS to split International and Domestic operations from July

Yikes some odd choices for the new CEOs, we have:

1. QFi getting the Frequent Flyer Chief!
2. Jetstar getting the IT Chief!

I guess experience running airlines is not a job requirement these days!

 

[simongr]

Re: QANTAS to split International and Domestic operations from July

Given some of JQ's historical issues around IT and the website this might be a good thing.

 

[Paddy55]

Re: QANTAS to split International and Domestic operations from July

Yikes some odd choices for the new CEOs, we have:

1. QFi getting the Frequent Flyer Chief!
2. Jetstar getting the IT Chief!

I guess experience running airlines is not a job requirement these days!

That would have John Borghetti once upon a time, wouldn't it?

Given QF seem to fairly artfully deploy 744 and A33x between QFi and QFd these days I'm curious of the plusses and minuses of this move

 

[yohy?!]

Re: QANTAS to split International and Domestic operations from July

That would have John Borghetti once upon a time, wouldn't it?

Not really, he was from QF Sales & Marketing then Exec GM prior to becoming DJ CEO - slightly different to figuring out ways to sell toasters for QFF points!

 

[Kendall Roy]

Re: QANTAS to split International and Domestic operations from July

Only thing missing from this announcement is the resignation of A.Joyce :idea: (we wish)

 

[Mwenenzi]

Re: QANTAS to split International and Domestic operations from July

Splitting dom & intl is some what similar to what Virgin have done
http://www.asx.com.au/asxpdf/20120316/pdf/42529rvwd4jpg1.pdf

 

[moa999]

Re: QANTAS to split International and Domestic operations from July

Mwenenzi,
Not at all.

Virgin have legally separated entities and distributing in specie to shareholders.

All Qantas is doing is changing management and financial reporting, but everything remains inside the same group.