Qantas slashing jobs and possibly selling FF program?

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Re: Qantas - back to basics

Not sure what all the fuss is about. China Southern can just buy themselves 300 million worth of gift cards, earn a whopping 3 billion in points and everything is solved.

At the Any Seat Award valuation per QFF point of 0.8 cents (QFF would no doubt slam shut Classic Award availability to China Southern), those 3 billion points are worth $24m of flights. Buy now!
 
Re: Qantas to cut 1,000 Jobs.

Totally agree that Joyce has been outwitted by Borghetti. I think QF passing over Borghetti was a big mistake. I still can't believe how Joyce was afforded an interview for the QF CEO job, but the same opportunity was not afforded to other applicants including Borghetti.

Yes Borghetti is running rings around Joyce, huge, huge mistake IMO too.
 
Re: Qantas to cut 1,000 Jobs.

Totally agree that Joyce has been outwitted by Borghetti. I think QF passing over Borghetti was a big mistake. I still can't believe how Joyce was afforded an interview for the QF CEO job, but the same opportunity was not afforded to other applicants including Borghetti.

I was never aware of that.
You can only speculate as to the thoughts of regret that some board members of QF must now have.
 
Re: Qantas to cut 1,000 Jobs.

Possible strategy:

Close QF (allow it to go down the drain). Spin off Jetstar and then turn it from a LCC to a full service carrier a la Virgin. ;):confused::rolleyes:
 
Re: Qantas to cut 1,000 Jobs.

Alan Joyce and board should all offer their resignations, it is clear that are mismanaging the airline. 5 years and the airline has not improved it's financial situation and has lost more than it's gained and that's not acceptable.

The complaining about loosing business and not being able to compete is utter cough. If you are loosing business and can't compete, improve your product. Look at the Domestic J on the trans cons and even the 737's theres so many different products at least Virgin only has 2 main ones and a couple of rouge 330's with an average product but better chances on their Trans Cons of getting a better product than QF.

QFi, of course it's loosing money Mr Joyce you have cut all of the route and diminished the service to a non existent service out of Perth and Adelaide how can you possible expect to make money out of a division that has done nothing but cut routes and if you weren't making money on them the question has to be asked? Especially out of Perth every other airline can offer several daily services to the City's you have cut so your product has to be looked at.

The whinging about foreign ownership is pathetic, if the airline had of invested money in ensuring the soft and hard product was consistent and you weren't constantly telling the media and public how gloomy the future for Qantas is people might actually fly on Qantas, however the fleet is a mixed bag of old and new aircraft, the on board product is a joke domestically as you never know what you are going to get....that should not be the case. Longhaul the product is great.

Instead of expanding Jetstar internationally they should have been expanding Qantas with the 787's given JQ all of the A330's and had a 787 fleet that could be used for Transcon and Medium Haul.

The fleet should have been focused to have had A380's, 747's, 787's and 737's, 717's and Q400's. Realistically the airline should have bought 777's but anyways.

Personally I don't think a CEO should be standing up telling us how desperate a company is and crying poor because of their complete and utter mismanagement of the business. Obviously they didn't want any competition and that way they could have offered a substandard product and charged the earth for it.

They have thousands of great staff, an excellent safety record and an excellent long haul product they need to capitalise on those points rather than spruke doom and gloom.
 
Re: Qantas to cut 1,000 Jobs.

Whatever is said the vast majority of us here still PREFER Qantas. so he hasn't been completely wrong
 
Re: Qantas to cut 1,000 Jobs.

I'm pretty happy with QF service actually, especially as WP.

Selling off the FF unit would be dumb - QF needs the profits to cross-subsidise. The value and profitability of QFF also depends on the reach of QFi - you cannot segregate the business, all are integral units to running an airline in the modern market.

I think this is a beat up designed to pressure the government. Ultimately they will cut back on the domestic capacity war and the EOFY result will be better than the dire predictions, and then the board will congratulate themselves on their heroic performance.
 
Re: Qantas to cut 1,000 Jobs.

Shrinking to greatness rarely works
 
Re: Qantas to cut 1,000 Jobs.

Possible strategy:

Close QF (allow it to go down the drain). Spin off Jetstar and then turn it from a LCC to a full service carrier a la Virgin. ;):confused::rolleyes:

I know its just speculation at this stage - but if this is the plan, or one of the options, then it reads like a very bad public relations disaster for a start, with possible multiple government interventions and court cases galore, destroy the entire book value of QFF and their partners, make TT profitable, and deliver a heap of loyal customers to the eager arms of VA, SQ, NZ, EY, EK, CZ, CX etc. (Borghetti would then be obliged to send a Xmas card to QF management every year) and it would also be the final line of Alan Joyce's CV, once the "rebranded/relaunched full service" JQ inevitably keels over and dies.

One other thing that has changed from a year or two ago (besides the VA restructure and relaunching with deep pocketed parents and QF being wrongfooted in their own capacity war) is that the Middle Eastern airlines ordered up the production line of just about everything with wings on it (i.e. more B777's B787s and A350 versions plus some A380s) so re-equipping will become an issue for a lot of airlines in the future if all those orders and options are financed and are fufilled. Especially if the air travel market improves, and if fuel prices rise or stay the same.....
 
Re: Qantas to cut 1,000 Jobs.

Whatever is said the vast majority of us here still PREFER Qantas. so he hasn't been completely wrong

The vast majority of us here probably prefer Qantas DESPITE the best efforts of the CEO, not because of them!!

Regards,

BD
 
Re: Qantas to cut 1,000 Jobs.

As long as there are no QFi route cuts I'll be happy
 
Re: Qantas - back to basics

The sky is falling! The sky is falling!!
It is a gut feeling.

There is a huge push to allow greater foreign ownership. Surely that is not the only possible solution. Just like the Emirates partnership was not the only possible solution.

I think someone is trying to line their pockets before the end.
 
Re: Qantas to cut 1,000 Jobs.

The vast majority of us here probably prefer Qantas DESPITE the best efforts of the CEO, not because of them!!

Regards,

BD

+1 to that, BD
 
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Re: Qantas to cut 1,000 Jobs.

I think this is a beat up designed to pressure the government.

Though I would not use the words you have I agree with the sentiment. I sense a lot of spin in here ;)

Those freaking out (normal suspects) and those who think this is a blunder are not reading between the lines
 
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