27th February Big Qantas announcement

[JessicaTam]

My sister flew MEL SIN on either Tues or Wed last week in Y and reported it was a great flight because Y was only a third full.

QF2 was less than half full in Y last week. Cabin crew seemed to think it was normal at this time of year.

 

[lovestotravel]

My sister flew MEL SIN on either Tues or Wed last week in Y and reported it was a great flight because Y was only a third full.

Exactly, which is why picking one flight and saying the route is dead/packed is pointless

My previous SIN flights have been in very empty aircraft

 

[woodborer]

QF shares currently down -1.34% but they were always going to fall from the highs of the past few weeks

Happens when you get turfed out of the ASX50!

 

[JohnK]

Simpler times. Better times?

The simpler the better.

 

[wandering_fred]

Exactly, which is why picking one flight and saying the route is dead/packed is pointless
My previous SIN flights have been in very empty aircraft

Never had the luxury of flights less than about 75% on PER-SIN (QF71/72 77/78) yet the flights are going/gone.

Happy wandering

Fred

 

[bobe]

Never had the luxury of flights less than about 75% on PER-SIN (QF71/72 77/78) yet the flights are going/gone.

Happy wandering

Fred

Totally agree Fred

 

[JessicaTam]

QF2 was less than half full in Y last week. Cabin crew seemed to think it was normal at this time of year.

Sorry, I meant QF10.

 

[Aussie_flyer]

Yup per-sin was making $500,000 profit a day. That's why they dropped it...

A few good loads does not a profit make

 

[Lonely Flyer]

Yes - insider trading exists. Doesn't make it legal and there are people in jail for it.

But this is a red herring - the only people likely to be involved in insider trading are AJ and the board. Institutional investors (like all shareholders) are far more likely to be the victims of insider trading.

You would have to be a fool to think about insider trading on Qantas shares.

 

[Robbi]

You would have to be a fool to think about insider trading on Qantas shares.

Not if you are selling short...

 

[codash1099]

Yup per-sin was making $500,000 profit a day. That's why they dropped it...

A few good loads does not a profit make

More than a few. I 've flown the route quite a few times and I've never seen what I'd class as a low load. I know that doesn't necessarily mean profitable, but the fact remains that QF didn't really try to make PER (to anywhere international) work.

 

[eastwest101]

Not if you are selling short...

[Speculative hat on]
And also if you are buying/holding long or even selling short with the possibility/expectation of a change in board or management - which would affect the share price. Unlikely to happen but would be interesting to see the "Resignation of AJ" effect on the share price.... any guesses as to which direction the share price would go, given the same board and a lower profile replacement? Even more unlikely would be mass resignation on the board, that would be interesting to see....

 

[Hvr]

An article in HR Monthly re the recent Qantas layoffs.

Guiding Qantas through turbulence | HRM online

In February 2014, on the back of half-year pre-tax losses totalling $252 million, Qantas announced that it would be implementing a ‘transformation program’, with 5000 full-time roles to be cut over the next three years.


The mandate was never going to be an easy instruction to deliver and manage. HRM online talks to executive manager of human resources, Karen Lonergan FAHRI, about guiding the airline through a period of immense change.