27th February Big Qantas announcement

[anna2103]

Am trying to think of this a different way. In the last 3 months, award availability has increased internationally, double SC for all plus subtle fare rises. What have they been trialling - does this give us the answer or not?
One other idea, QF only do US and Asia - Emirates do everything else. Would make us feel better about it my giving full points/SC equilivant ( including cabin bonus) on EK flights?

 

[Kefci2000]

Given Qantas announce their interim profits that day it is highly likely they make a strategy announcement to shore up the balance sheet or at a minimum stop the cash bleed.

news flow has been all of the above discussed, spin off jetstar or QFF, sell a strategic stake, have govt take a stake or guarantee etc etc

 

[casanovawa]

Pity perhaps AJ and the entire board couldn't be jettisoned....

 

[markis10]

It would be unusual for an announcement to occur at results time, that's a bit different to the form seen in the last few years!

 

[Buzzard]

Qantas announces international flights from Adelaide and Perth

*MrsB just nudged me as I was snoring

 

[Kefci2000]

Most of the analysts I have spoken to expect some sort of announcement, although more about fighting an uneven playing field than balance sheet concerns.

 

[Timba-Jet]

Let's see...

Qantas and Cathay put their differences aside and form partnership maximising their Oneworld links. CX will support QF in making HKG a hub for onwards connection to Asia and parts of Europe, and Nth America for PER. In exchange QF drops Jetstar HK and cancels ties with China Eastern. Instead QF helps CX launch Cathay-Star a new LCC venture.

 

[markis10]

Maybe it's using all those parked A320s to start a new Lower low cost airline called Cheetah

 

[Colster]

Two out there ideas.
1) Emirates joins oneworld and Qantas announces a sale of JQ in return for stock in Emirates.

And less crazy, but crazy none the less.
2) BA, CX, AA and QF pool 49% of each of their companies and form OneworldAir with a single truly global airline saving them all billions. End one world alliance.

 

[Kefci2000]

Yes but around the world DONE4 will still be $13k !!!!!

 

[Kefci2000]

But if we are going out there SQ EK and QF join forces with Lufthansa to form an all A380 international airline!!!

 

[Gredgy69]

The Qantas Board will announce that they have finally figured out what a knob AJ is and that they won't be renewing his contract. Also that Emirates is buying a 25% stake and that they will use the funds to purchase 777's or 787-8/9's to breathe life back into QFi.

 

[nonpop]

No more Cafe Style breakfasts to be served across the network.
Priority Boarding that will be implemented as per AA i.e the priority line gets served and cleared first.
RFID Bag tags to be done away with and replaced with paper swing tags.
Anytime WP access restored.
Jet* 'Business' flights no longer need a MAX bundle to get SCs ... in fact all Jet* flights now accumulate SCs.
The tiff with BA & CX is now over and all are now best of friends and code-sharing across the network meaning ... less need for Jet* and non-OW 'alliances'.
The QF financial books are opened up to show how Jet* costs have been transferred to QF all this time and the QF board acknowledge they misunderstood the concept of double entry accounting as they thoughts it meant all costs go to QF whilst all profit goes to JQ.

 

[drron]

Two out there ideas.
1) Emirates joins oneworld and Qantas announces a sale of JQ in return for stock in Emirates.

And less crazy, but crazy none the less.
2) BA, CX, AA and QF pool 49% of each of their companies and form OneworldAir with a single truly global airline saving them all billions. End one world alliance.

But IB goes with BA.As well AY has joined the AA,BA,IB TATL agreement.

 

[amaroo]

Interesting article in todays Oz....

Qantas looks to terminal sell-off and frequent-flyer float as Joyce sharpens knife

QANTAS is said to be close to selling its Brisbane airport terminal to raise about $150 million as part of its cost-cutting program aimed at restoring the airline to profitability.
Talks to complete the sale and lease back of its Melbourne terminal, which would raise about $250m, are also well advanced, but little progress is being made in Sydney. Airline chief executive Alan Joyce will detail just how he is going to save $2 billion when he unveils on February 27 a forecast loss of up to $300m for the last half year.Final decisions are still to be made on any asset sales. Indeed, next month's release is more of an update rather than a definitive statement on exactly what will happen to the frequent-flyer division and other assets.The moves come in a domestic market that is still flat.

More here for those that can access Cookies must be enabled. | The Australian

 

[markis10]

Interesting article in todays Oz....

Qantas looks to terminal sell-off and frequent-flyer float as Joyce sharpens knife

QANTAS is said to be close to selling its Brisbane airport terminal to raise about $150 million as part of its cost-cutting program aimed at restoring the airline to profitability.
Talks to complete the sale and lease back of its Melbourne terminal, which would raise about $250m, are also well advanced, but little progress is being made in Sydney. Airline chief executive Alan Joyce will detail just how he is going to save $2 billion when he unveils on February 27 a forecast loss of up to $300m for the last half year.Final decisions are still to be made on any asset sales. Indeed, next month's release is more of an update rather than a definitive statement on exactly what will happen to the frequent-flyer division and other assets.The moves come in a domestic market that is still flat.

More here for those that can access Cookies must be enabled. | The Australian

Its somewhat of a Groundhog Day as far as the news goes, the move to sell the terminals etc has been over a year in the making while the QFF float/sell off has been longer. I suppose once you start to sell the gems, it's hard to stop, the alternative requiring good business skills and hard decisions.

 

[amaroo]

Its somewhat of a Groundhog Day as far as the news goes, the move to sell the terminals etc has been over a year in the making while the QFF float/sell off has been longer. I suppose once you start to sell the gems, it's hard to stop, the alternative requiring good business skills and hard decisions.

Makes you look less attractive to the financial barbarians to buy cheap and sell high.

 

[SeatBackForward]

QF abandons the airline industry, now focuses on loyalty progrmmes with supermarkets. Aircraft to be painted in Jetstar livery and sold on Gumtree for $1,000,000 ONO. Terminals and maintenance facilities to be converted into Mac Banks dream scenario of hotel/casino resorts at airports. Massive redundancies and layoffs, AJ to get re-trained as dealer on backgammon tables.

 

[SeatBackForward]

QF abandons the airline industry, now focuses on loyalty progrmmes with supermarkets. Aircraft to be painted in Jetstar livery and sold on Gumtree for $1,000,000 ONO. Terminals and maintenance facilities to be converted into Mac Banks dream scenario of hotel/casino resorts at airports. Massive redundancies and layoffs, AJ to get re-trained as dealer on backgammon tables.

Scratch all that..

Enhancements

That's all need be said.

 

[Sprucegoose]

introduction of lifetime Plats?