ACCC action re cancelled Qantas flights

[SYD]

QF’s share price has surged and finally re-entered the $6-7 territory for the first time since this ACCC case was initiated in August.

It should be smooth sailing for the national carrier from this point onwards. With this dark chapter now closed, it’s time for all Australians to put behind the past and support QF’s perpetual success and growth internationally.

Was that a press release extract?

 

[downgraded]

QF’s share price has surged and finally re-entered the $6-7 territory for the first time since this ACCC case was initiated in August.

It should be smooth sailing for the national carrier from this point onwards. With this dark chapter now closed, it’s time for all Australians to put behind the past and support QF’s perpetual success and growth internationally.

Why? They are over priced, under deliver, and have a reputation they need to change. They just admitted to various counts of wrong doing wrt their customers and service delivery. They need to earn any support they may hope for.

 

[RooFlyer]

It should be smooth sailing for the national carrier from this point onwards. With this dark chapter now closed, it’s time for all Australians to put behind the past and support QF’s perpetual success and growth internationally.

Not quite. As I mentioned up-thread, the airlines guilty rap sheet is quite long, and hasn't been ruled off yet.

Compensation for the 1,700 illegally sacked baggage handlers yet to be determined. This after the airline was again found to have acted illegally, in sacking the TWU health and safety rep - fined $250,000 for that and paid the guy $21,000 in compensation (sounds like another big win for the airline and a failure for NSW SafeWork )

Was that a press release extract?

Its more of a leg-pull I think (think a Norman Gunston type persona), but lets take it on face value because its funnier that way.

 

[SYD]

Its more of a leg-pull I think (think a Norman Gunston type persona), but lets take it on face value because its funnier that way.

I wish that were true but I’m not so sure based on other posts in multiple threads…

PS
I’m old enough to get the NG reference!

 

[Ansett Nostalgic]

The fine paid to the ACCC should be used as seed funding to reconstitute Ansett.

 

[anat0l]

The fine paid to the ACCC should be used as seed funding to reconstitute Ansett.

I wouldn't normally call out a joke when a reaction would be sufficient, but.............

 

[anat0l]

With this dark chapter now closed, it’s time for all Australians to put the past behind and be vested to ensure QF’s perpetual success and growth internationally.

This seems to read that all Australians have a collective responsibility or duty to ensure the success of Qantas.

Why?

Qantas is a private company. Even as a government entity, the public or Australians owe zero duty to its success, nor should they care.

If anything, any given Australian right now wouldn't mind to see Qantas fail and be buried including anyone who reacted derisively to your post. Sure, it'd put a few thousands out of work, but that'd be less contemptuous compared to how Qantas has just treated its workforce, and no one cares, so long as we don't have another Ansett tax.

 

[SeaWolf]

This seems to read that all Australians have a collective responsibility or duty to ensure the success of Qantas.

Why?

This is the bit that I don't get either. Qantas is a business, there's no reason to show them any loyalty, they certainly haven't shown the Australian public any. Off-shoring and outsourcing every part of the business that they can and being caught on multiple breaches of the law, even a conviction.
Qantas is not a good citizen.

 

[RSVKanga]

I’m struggling to understand how people are painting this as a loss for QF. It’s a win for all parties, whether it be consumers, the ACCC or the airline. Consumers can get their personal remediation payments, the ACCC partially succeeds in its legal action and gets its penalty payment from QF, and QF has saved itself from a massive further reputational free-fall had they lost (or won) the court case. Winning the court cause would have been the worst PR for them and would alienate even more consumers. Because of this deal, the QF share price is soaring again and arguably consumer confidence has been restored.

So yes, it is a win for all parties involved, and that includes the airline.

This seems to read that all Australians have a collective responsibility or duty to ensure the success of Qantas.

Yep. Didn’t stutter there. You heard that right.

Most Australians did this before the pandemic, and while Qantas’ reputation has been bruised and battered by just and unjust factors, it’s time to put the past behind and resume this support.

 

[RooFlyer]

I’m struggling to understand how people are painting this as a loss for QF. It’s a win for all parties, whether it be consumers, the ACCC or the airline. Consumers can get their personal remediation payments, the ACCC partially succeeds in its legal action and gets its penalty payment from QF, and QF has saved itself from a massive further reputational free-fall had they lost (or won) the court case. Winning the court cause would have been the worst PR for them and would alienate even more consumers. Because of this deal, the QF share price is soaring again and arguably consumer confidence has been restored.

So yes, it is a win for all parties involved, and that includes the airline.

Well done! Can't parody a parody.

 

[drron]

I’m struggling to understand how people are painting this as a loss for QF. It’s a win for all parties, whether it be consumers, the ACCC or the airline. Consumers can get their personal remediation payments, the ACCC partially succeeds in its legal action and gets its penalty payment from QF, and QF has saved itself from a massive further reputational free-fall had they lost (or won) the court case. Winning the court cause would have been the worst PR for them and would alienate even more consumers. Because of this deal, the QF share price is soaring again and arguably consumer confidence has been restored.

So yes, it is a win for all parties involved, and that includes the airline.


Yep. Didn’t stutter there. You heard that right.

Most Australians did this before the pandemic, and while Qantas’ reputation has been bruised and battered by just and unjust factors, it’s time to put the past behind and resume this support.

Sorry but I have no duty to support QF in any way.

 

[downgraded]

Most Australians did this before the pandemic,

Really? Only a small minority of Australians fly QFi, and realistically the duopoly domestically gives people little actual choice.

 

[Aussie_flyer]

Really? Only a small minority of Australians fly QFi, and realistically the duopoly domestically gives people little actual choice.

Really? Qantas and Jetstar combined carry about 27% of the traffic in and out of Australia.

 

[justinbrett]

Really? Only a small minority of Australians fly QFi, and realistically the duopoly domestically gives people little actual choice.

Sure, it’s a minority, but it’s the largest share of the market.

 

[AIRwin]

Sure, it’s a minority, but it’s the largest share of the market.

View attachment 383926

I'm surprised no American carriers

 

[RichardMEL]

I'm surprised no American carriers

Fair point. I think this reflects frequency and size of AC. While UA wouldn't be fatlr off that list, they "only" serve BNE,SYD and MEL. While SYD and MEL have flights to LAX and SFO and SYD had some double dalies, probably still less iverall seats/day compared to say a CX with multiple daily frequencies to mire cities and with larger (359/35X/77W) seat counts.

I am surprised Scoot is seemingly ahead but the answer is that scopt cram 385 in a 789, while UA has 257 - that's a huge capacity difference.

 

[justinbrett]

I'm surprised no American carriers

UA was 2.2% (but would be lower in winter). AA/DL/HA each below 1%.

Just a factor of how many routes and their frequencies, which is why QF was always going to be number one as no other airline flies from Australia to so many destinations. Asian / TT carriers do better as they usually have higher frequencies than long haul.

 

[SYD]

UA was 2.2% (but would be lower in winter). AA/DL/HA each below 1%.

Just a factor of how many routes and their frequencies, which is why QF was always going to be number one as no other airline flies from Australia to so many destinations. Asian / TT carriers do better as they usually have higher frequencies than long haul.

Similarly, UA flooding the market with capacity previously on China routes doesn’t necessarily translate to bums on seats.

Some reports here of near empty planes which might explain why fares on transpacific are still not coming down.

 

[RooFlyer]

So, on that (unsourced) table, 'everyone else' comprises 35.8%, with no-one else above 2.8% AND they have a smaller international presence than Virgin. Who knew Virgin was such a big player internationally . 1/5 the size of Qantas.

 

[justinbrett]

So, on that (unsourced) table, 'everyone else' comprises 35.8%, with no-one else above 2.8% AND they have a smaller international presence than Virgin. Who knew Virgin was such a big player internationally . 1/5 the size of Qantas.

Figured most people know these stats come from BITRE.

Here’s the link :

Aviation Statistics

Domestic and international aviation statistics including airline activity, domestic on time performance, domestic airfares index, airfreight, airport traffic

www.bitre.gov.au

Almost half of VA’s share is Bali.