27th February Big Qantas announcement

[Simo]

So will be 9.30am QLD time.

 

[Danger]

Sky Business Channel says live at 10:30AM...

Sky News just said "in under an hour" Qantas will announce its results. Sky also has rolling coverage from 9am.

 

[cmon0005]

The event is at the Westin, I guess the clock hasnt started on the cost cutting.

Someone must be getting some serious SPG points for this booking!

 

[JessicaTam]

I give you my personal guarantee that it is not closing down in the next 24 hours.

How touching

 

[Timba-Jet]

The event is at the Westin, I guess the clock hasnt started on the cost cutting.

Four points would have been more appropriate if they want to cut costs but keep it in the SPG family.

 

[dairyfloss]

Sky News just said "in under an hour" Qantas will announce its results. Sky also has rolling coverage from 9am.

Hmmm... they showed 10:30AM AEDT earlier... perhaps one is results, and one is the AJ press conference? I'm just leaving it on Foxtel GO from now anyway

 

[Danger]

Sky News: "Waiting any moment now for Qantas's half yearly results".

 

[dairyfloss]

Hmmm... they showed 10:30AM AEDT earlier... perhaps one is results, and one is the AJ press conference? I'm just leaving it on Foxtel GO from now anyway

Confirmed, results at 9AM AEDT, AJ news conference from the Westin at 10:30AM AEDT

 

[markis10]

BNE lease has been sold

Qantas and Brisbane Airport Corporation (BAC) have today reached a commercial agreement covering terminal and runway access at Brisbane Airport, which includes arrangements for the airline to dispose of its long-term lease on its terminal.
Qantas holds a 31 year lease, signed in 1987, on the northern end of the Domestic Terminal at Brisbane Airport which is due to expire on 30 December 2018.
Under the new arrangements, Qantas would retain exclusive use and operational control over much of the northern end of the terminal until the end of 2018 while securing rights to key infrastructure beyond this period.
In addition, BAC plans to make a significant investment in upgrading and improving facilities and services within the terminal, such as lounges and will assume control of the retail space of this part of the terminal.
Qantas will receive total cash proceeds of $112 million from BAC

http://www.qantasnewsroom.com.au/media-releases/qantas-and-brisbane-airport-reach-commercial-agreementents.

 

[smit0847]

I expect that in 90 minutes there may be more online users on AFF than at any time in history. There are already 44 browsing this thread now.

 

[smit0847]

BNE lease has been sold

Qantas and Brisbane Airport Corporation (BAC) have today reached a commercial agreement covering terminal and runway access at Brisbane Airport, which includes arrangements for the airline to dispose of its long-term lease on its terminal.
Qantas holds a 31 year lease, signed in 1987, on the northern end of the Domestic Terminal at Brisbane Airport which is due to expire on 30 December 2018.
Under the new arrangements, Qantas would retain exclusive use and operational control over much of the northern end of the terminal until the end of 2018 while securing rights to key infrastructure beyond this period.
In addition, BAC plans to make a significant investment in upgrading and improving facilities and services within the terminal, such as lounges and will assume control of the retail space of this part of the terminal.
Qantas will receive total cash proceeds of $112 million from BAC

http://www.qantasnewsroom.com.au/media-releases/qantas-and-brisbane-airport-reach-commercial-agreementents.

There's 100m saved, 1900m to go!

 

[Kendall Roy]

(beaten)....

 

[Platinum A332]

Unfortunately TVs at my work are on ESPN.....at least I have AFF!

 

[clarkkent]

I like this placeholder article at SMH: QANTAS HOLDER

Qantas will axe ______ jobs, sell leases on airport terminals and retire ageing gas-guzzling planes, in the biggest shake up of its operations since it was floated almost two decades ago.It is the biggest cull of Qantas' staff since chief executive Alan Joyce took the reins in 2008. Before the latest retrenchments, Mr Joyce had announced almost 4200 job cuts during his tenure.
Qantas has also confirmed it has reached agreement to sell its long-term lease on its terminal at Brisbane Airport for $112 million.
Advertisement
The airline also reported a $______million loss in the first half amid a bitter fight with Virgin Australia in the domestic market, and intense competiton on international routes. It is Qantas' biggest first-half loss since the Keating government began cuting it free from government ownership in 1995.
The job cuts from Qantas's 33,000-strong workforce will be across the board, including _______________________

 

[moa999]

Will Horton with funny tweet

Will Horton ‏@winglets747 2m

Scoop: Qantas increases profit, ups dividend, to take 2 777s, add flights to NorthAm & Asia...wait, wait. Sorry. That's Air New Zealand.

 

[Clivem]

Recline feet up on the desk and let it all gently wash over .......or Brace Brace Brace ......decisions decisions .... Can someone grab me a Mia Tai while their at the bar ......make sure they stick the pineapple slice and one those umbrella things on this time.

 

[Kendall Roy]

https://twitter.com/AlanJoyceCEO

 

[Danger]

$252m underlying loss for first half of 2013-14.

 

[gwilli1]

ASX documents are up
Company information - ASX

 

[markis10]

Not as bad as expected re the loss but 5000 to go.