Qantas 2016 Half Year results

[hutch]

QF have already stated the 787-9 will be three class including PE.

If Qantas are investing this much in a new lounge I can't believe it will just be for 2 flights a day. Something else must be in the planning stage.

Who knows what will happen. But AJ indicated PER-LHR may be an option particularly once QF domestic and international are on the same side of the airport. By that stage, so many different things can happen (fuel, Emirates deal etc). Hopefully QF will dip their toe in the PER-DXB market and then see where things go.

Also in terms of passengers, 2 x A380's (on your flagship route) is not that much less capacity than HKG / SIN - particularly with F & J

 

[Cool Cat Phil]

Thanks.



And that was a dropped ball from our side - remnant from an earlier draft of the article, it's wrong, NRT and HNL to remain open. My bad.

Thanks for the correction.
JQ fliers will be relieved

 

[samh004]

An AusBT reader also picked up on that. It does indeed seem a big omission.

Looks like QF was listening. The press release now lists QP members.

I figured it was a simple error, after all, they didn't include CL either

 

[RooFlyer]

Give me a break.

If they make money, it is because of this sort of windfall, if they lose money, it is because they are incompetent?? How can they ever win??

They can win, along with their customers by running an efficient airline and not rely on ripping off the customers. The current effort, where they simply incorporated the fuel surcharge, introduced for a high fuel cost regime, into the base fare and now we are in a low fuel cost regime is simply mean and tricky. Your local fuel retailer would make a fortune too by selling fuel to the punters at $1.60 litre.

I note in the qantas newsroom story about the new LHR lounge it mentions access covering "First and business, Platinum One, Platinum and Gold". Nothing about Qantas Club though? Seems like a big omission.

Looks like QF was listening. The press release now lists QP members.

QP obviously high on the top of management's mind for this lounge. As usual, it seems no-one proof read the announcement.

The lounge looks like it'll be a combined F lounge and QP judging by the wording. More SIN than LAX.

No mention of oneworld access either, and specifically states only J/F from QF-coded flights. Is this going to be a QF only premium lounge?

We'll wait and see for another round of lounge access roulette (a la LAX) where snooty lounge dragons having a bad day will make sure the pax do too.

 

[DavidFlynn]

No mention of oneworld access either, and specifically states only J/F from QF-coded flights. Is this going to be a QF only premium lounge?

Oneworld access as per usual (F/J/Emerald/Sapphire).

 

[DavidFlynn]

The lounge looks like it'll be a combined F lounge and QP judging by the wording.

Yes, single 'integrated' lounge and we expect SIN-style 'service differentiation' for F/CL/P1.

 

[Mogul]

Don't forget the BIG asset writedowns over the last couple of years, which will prop up this year's result as well.

 

[TheInsider]

Good to see a nice profit and them investing in Wifi and new LHR Lounge. Still anxious to see the lay out for the 787-9

For economy it's going to be 3-3-3 (not going to be any less) and for Business it will be what they currently are putting in their A330's.

 

[TheInsider]

Wonder when the fuel surcharges will go

Such as good result for fuel hedging/low cost oil etc.

Even if they do go. They will still have the fare at the same price. Reward tickets who knows what they could do.

 

[serfty]

Thanks for the correction.
JQ fliers will be relieved

Only in HNL ... JQ PAX lost NRT lounge access around April last year.

 

[Mr_Orange]

For economy it's going to be 3-3-3 (not going to be any less)

That takes the 'premium' out of a premium airline, charging premium fares then!

 

[TheInsider]

That takes the 'premium' out of a premium airline, charging premium fares then!

Well I don't think there is any other 'premium' airline that offers a 2-4-2 arrangement that isn't in the process of changing it excluding JAL

United 3-3-3
British Airways 3-3-3
LAN 3-3-3
Air Canada 3-3-3
Etihad 3-3-3
KLM 3-3-3
Air NZ 3-3-3
ANA 3-3-3
Virgin Atlantic 3-3-3

I apologise if I have missed any other airline

 

[moa999]

Only in HNL ... JQ PAX lost NRT lounge access around April last year.

Good point, with both Jetstar Japan and Jetstar International moving to T3.

In HNL has there been any update an whether QF will move back to its former premises or will they remain in the new spot

 

[amaroo]

Isn't that the best full year result in Qantas 99 year history?

So by logical extension that would make Alan Joyce the best CEO in Qantas 99 year history would it not - so why all the whining by so many here?

LOL they're all over on the VA board kicking the cat :mrgreen:

 

[Cool Cat Phil]

Only in HNL ... JQ PAX lost NRT lounge access around April last year.

Ah I forgot about the new LCC terminal at NRT that ensures no lounge access for JQ.

 

[moa999]

Some technical detail about the WiFi solution

https://www.runwaygirlnetwork.com/2...t-wins-connectivity-deal-for-qantas-domestic/

 

[medhead]

Isn't that the best full year result in Qantas 99 year history?

So by logical extension that would make Alan Joyce the best CEO in Qantas 99 year history would it not - so why all the whining by so many here?

Is that claim about the best result adjusted for inflation? does it take into account the operational scale of the airline at various stages?
I'm not sure how you can compare the profit from operating 3 tiger moths* 99 years ago with operating a fleet of 230 aircraft today. Certainly wouldn't need to be the best CEO to achieve a better profit in the later situation.

* Yes, I know Qantas never operated 3 tiger moths. Hopefully, the pedants can still see the point.

 

[dajop]

They can win, along with their customers by running an efficient airline and not rely on ripping off the customers. The current effort, where they simply incorporated the fuel surcharge, introduced for a high fuel cost regime, into the base fare and now we are in a low fuel cost regime is simply mean and tricky. Your local fuel retailer would make a fortune too by selling fuel to the punters at $1.60 litre.

Putting aside the evil fuel surcharge imposed on award bookings for a moment, for years commercial fares have had nothing to do with fuel surcharges - for most of the time (except for a brief period following there introduction) the consumer facing price has been the total price of a ticket - they have not been allowed to quote surcharge separately. Most commercial fares are based on supply and demand factors, with pricing levels adjusted to optimise yield. The fuel surcharges are more aimed at RTW tickets & award tickets.

The biggest impact on prices going up domestically is the end of the capacity war between VA & QF. Contraction in supply @ constant demand = price increase, irrespective of fuel surcharge. Likewise when the capacity war was at its most intense, and fuel prices very high, fares were lower.

 

[Mr_Orange]

Is that claim about the best result adjusted for inflation? does it take into account the operational scale of the airline at various stages?
I'm not sure how you can compare the profit from operating 3 tiger moths* 99 years ago with operating a fleet of 230 aircraft today. Certainly wouldn't need to be the best CEO to achieve a better profit in the later situation.

* Yes, I know Qantas never operated 3 tiger moths. Hopefully, the pedants can still see the point.

Weren't they Sopwith Camels?

 

[JohnK]

High fuel surcharges and the lowest fuel prices in recent memory. If you can't make a profit there then something seriously wrong.

Also Joyce and the directors must be due a bonus. Is that what the share buyback is all about?