27th February Big Qantas announcement

[markis10]

KUL is not doing Air Asia any favors, AirAsia X posted net loss of M$87m in 2013, areversal from M$33.8m profit the yr before

 

[MEL_Traveller]

KUL is not a nice place to transit. SIN and HKG beat it hands down. Even BKK is better.

 

[Melburnian1]

MEL_Traveller, are you referring to the main airport KLIA or the low cost airlines' budget terminal?

I have transited at the main KLIA and was neutral about it: admittedly, nowhere near as good as SIN (but then SIN is way ahead of MEL!)

What did you find particularly peeving about KUL? (apologies for going off topic from the thread).

 

[moa999]

and AirAsia is really going to struggle once their landing charges go up substantially with the opening of klia2. Uncle Tony is already railing against this...

Mind you the pax experience will be much improved from the LCCT hot tin shed

 

[Hvr]

Well it has been announced that AJ will be appearing on 7.30 report on 27 Feb.

Here's hoping Red Roo's job is safe.

 

[cove]

It is a bit late to buy QAN shares on the ASX tonight.
I hope the market takes the announcements calmly tomorrow.

 

[BD1959]

KUL is not a nice place to transit. SIN and HKG beat it hands down. Even BKK is better.

You're kidding me, right??

KUL is easy to transit - even between Main and Satellite Terminals.

Regards,

BD

 

[amaroo]

It is a bit late to buy QAN shares on the ASX tonight.
I hope the market takes the announcements calmly tomorrow.

Record profit announcements often results in poor market performance.......No doubt a terrible result coupled with near death rhetoric will see the shares have a stellar day

 

[Interlude]

It is a bit late to buy QAN shares on the ASX tonight.
I hope the market takes the announcements calmly tomorrow.

From time to time there have been suggestions made here about QF employees (perhaps in various categories, esp. flight crew) getting together and buying enough QAN share to at least get a seat on the board. Did such suggestions have any merit? Why did the idea not gain any traction? Could this have made a difference (perhaps altering balance of power within the board etc.)?

 

[amaroo]

From time to time there have been suggestions made here about QF employees (perhaps in various categories, esp. flight crew) getting together and buying enough QAN share to at least get a seat on the board. Did such suggestions have any merit? Why did the idea not gain any traction? Could this have made a difference (perhaps altering balance of power within the board etc.)?

At a guess - massive reluctance to have their skin anywhere near the heat! More comfortable to stay in the cheap seats throwing abuse....

 

[BD1959]

I have transited at the main KLIA and was neutral about it: admittedly, nowhere near as good as SIN (but then SIN is way ahead of MEL!)

What did you find particularly peeving about KUL? (apologies for going off topic from the thread).

To my mind, KUL Is a modern interpretation of SIN: a central area, with arms out to the gates; mixing of incoming and outgoing pax with gate security screening. KUL beats SIN in that the shuttle is really central - though loses with the distance between Satellite and Main.

Forget LCCT...No real FF would frequent (pun intended!!) it.

Regards,

BD

 

[Melburnian1]

Record profit announcements often results in poor market performance.......No doubt a terrible result coupled with near death rhetoric will see the shares have a stellar day

amaroo, that's usually because the stockmarket looks forward - if it expects that trading in the future won't be as good as it thought it might be, entity X's share's might go down. QAN is publicly listed so it's subject to the same 'rules.'

 

[Danger]

Tony Abbott confirms Government preparing changes to Qantas foreign ownership rules - ABC News (Australian Broadcasting Corporation)

News.com.au is also reporting:

"The federal government is considering a short-term debt guarantee, as well as repealing the foreign ownership limits, to ease pressure on the iconic airline. But it would need six crossbench votes in the new Senate, which will sit for the first time on July 7, to get its bill passed. Two new senators, David Leyonhjelm from the Liberal Democrats and Bob Day from Family First, told AAP on Wednesday they would support the repeal."​

 

[MEL_Traveller]

MEL_Traveller, are you referring to the main airport KLIA or the low cost airlines' budget terminal?

I have transited at the main KLIA and was neutral about it: admittedly, nowhere near as good as SIN (but then SIN is way ahead of MEL!)

What did you find particularly peeving about KUL? (apologies for going off topic from the thread).

You're kidding me, right??

KUL is easy to transit - even between Main and Satellite Terminals.

Regards,

BD

Not kidding at all. I flew in on Jetstar most recently... the arrival terminal was pretty bland and blah. I've flown out on MH (in F) and found it pretty bland and blah as well.

It never even crosses my mind that KUL would be place i would want to transfer. Unlike SIN or HKG.

 

[codash1099]

Tony Abbott confirms Government preparing changes to Qantas foreign ownership rules - ABC News (Australian Broadcasting Corporation)

News.com.au is also reporting:

"The federal government is considering a short-term debt guarantee, as well as repealing the foreign ownership limits, to ease pressure on the iconic airline. But it would need six crossbench votes in the new Senate, which will sit for the first time on July 7, to get its bill passed. Two new senators, David Leyonhjelm from the Liberal Democrats and Bob Day from Family First, told AAP on Wednesday they would support the repeal."​

They need to tread carefully. I have heard that all (or many) of the international traffic agteements depend on QF being majority Australian owned. It would take a restructure to keep QFi in Australian hands.

 

[amaroo]

They need to tread carefully. I have heard that all (or many) of the international traffic agteements depend on QF being majority Australian owned. It would take a restructure to keep QFi in Australian hands.

Surely the tit for tat game will see that issue go away quick smart. No need to worry as the Labour, Greens, Xenophon and the rest of the motley crew will block it anyway.

I reckon Qantas is in the sweet spot....what player would want to pay big bucks in this market. Better to have access to cheap finance and try and bleed your competitor dry!

 

[dajop]

They need to tread carefully. I have heard that all (or many) of the international traffic agteements depend on QF being majority Australian owned. It would take a restructure to keep QFi in Australian hands.

Isn't that exactly what Virgin have done re international arm, and in it's day the Ansett international. It's not unprecedented to set up a management structure and investments to ensure that the international arm remains majority owned.

 

[BD1959]

They need to tread carefully. I have heard that all (or many) of the international traffic agteements depend on QF being majority Australian owned. It would take a restructure to keep QFi in Australian hands.

I thought the two businesses were split back in May 2012 - once the changes are made to the QSA, would it be too much of an effort to totally separate QFd and then bring in the foreign investment through that business whilst maintaining majority ownership of QFi to not upset any bilaterals? Gee, got to thank JB for being such a visionary!!

Regards,

BD

 

[KitKat]

Would there be a "Comeback" Sale??????? shortly after

 

[Pvcmenace]

Has anybody thought of JQ return all A330's to QF sooner for immediate upgrade allowing for earlier retirement the 767's and old 747's, and their crew/maintenance requirements. The JQ Hong Kong 320's get converted to add 2-3 rows of *class and added to JQi and JQ HK gets shut down. This reduces fleet type for QF and JQ leaving a more flexible JQ fleet that can operate out of Sin and Aus to Dps routes adding 'business class' to extra destinations, and fill in the gap till more Dreamliners come in.