whatmeworry
Established Member
- Joined
- Jan 22, 2007
- Posts
- 4,623
All I know is, if I was Gold or above and QF didn't bump me to an earlier flight their balance sheet would live to regret it with what I could consume in the lounge!
Is this what you are hoping is going to happen? VA has never been marvellous and unless my definition changes they won't be anytime soon either.Qantas lost the plot and VA was marvellous.
Totally understand your point.I have no understanding of the QF union agreements. But I wonder why it's always seen that the workforce must be the first to make a move on this stuff. How about we drop the wage of all management who's title begins with a C? Let's drop it from 40 or 50 times the cost of a Flight Attendant to something more reasonable like cap it at 25 times the cost of a Flight Attendant.
Yes, but they have PE on the routes to support long haul flights - primarily Australia to Europe and Australia(PER) to USA. QF has PE product to UK and US too. A side benefit for CX is that they can sell left over PE seats to those terminating in HKG as well (like QF do between DXB & LHR). QF do not connect to anywhere "long haul" from their A330s (apart from to codeshares) and therefore they are only selling to the medium haul market, mostly 7-9 hr routes. I question if demand is enough for PE on these length routes, most people seem to able to survive 7-9 hrs in Y, it's the 22 hrs that's more difficult in Y.
It seems people are willing to pay 2-3x Y fares for PE to go to Europe, but would enough be willing to pay the same multiple just for a relatively short hop to Asia (say $1500-2200) to make PE profitable?
Agreed. I did this (CBR-SYD-NRT) in PE last year, and I'm looking at doing it again this year.Earlier this month I was quite happy to pay $2200 per pax for CBR-SYD-NRT return, SYD-NRT-SYD in PE. The outbound PE seats were bulkhead so heaps of legspace, return was upgrade to bulkhead J seats. As people get older or can afford to pay a little more they don't want to be jammed into a Y seat, even for a 9hr trip.
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Not Toomied ... More like a victim of serval things but mainly deregulation and bring unable to adapt. Cheapest 21 day Apex fare in 1984 was around $215 return - needed a Saturday night stay as well.
That would be worth over $600 today. ( http://www.rba.gov.au/calculator/)
So there was plenty of fat before deregulation.
The Middle-Earth airline - which has been listed on the Australian Securities Exchange (ASX) since 1997 – has in recent years been an excellent investment. Here are its figures on total return (including dividends):
The comparison with Qantas (QAN) makes uncomfortable reading for patriotic Australians – not that patriotism should ever enter into investment discussions. The flying kangaroo’s “return” figures – Qantas has not paid a dividend since FY09 – stand at:
- 1 year: +64.3%
- 3 years: +40% a year
- 5 years: +24.2% a year
- 1 year: –32.1%
- 3 years: –16.8% a year
- 5 years: –8.2% a year
shudder !Just read an article comparing investments in NZ v QF.very interesting.
Flying Kiwi Leaves Flapping Kangaroo Landbound - Share Cafe
Around 25 years ago I was earning a decent salary and a CEO was earning 4 times my salary. Now my salary has doubled and that same CEO would be earning at least 20 times my salary.
For crying out loud why are some things left alone and not scrutinised further? Alan Joyce was given an ~$2million increase back in August and the CFO went from $1.28million/year to $1.43million/year. A $150,000 increase for the CFO? Why? Because Qantas' profits are increasing and their share price is rising out of control? That is obscene money to be paid and the salary increase is totally unjustified yet it got by without issues. Have I missed something somewhere?
A far more civilised way to reach Germany from London would be by rail. See The Man in Seat Sixty-One - the train travel guide...
View attachment 27982
Red roo the quality at the Karratha regional lounge has fallen below acceptable standard I think
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View attachment 27982
Red roo the quality at the Karratha regional lounge has fallen below acceptable standard I think
Sent from my iPhone using AustFreqFly