How would you run Qantas?

[Melburnian1]

A very important point openseat.

There's a nexus between 'old economy' and 'unions.'

The vast majority of us (86 per cent if I recall) have long realised that we can exist without unions. Holden, Ford and QF are examples where the workforce has not realised this, and as a result the companies for which they work are uncompetitive.

 

[Pushka]

Well, goodbye Holden. Apparently they were going to announce closure of Adelaide's centre on Friday but didn't want the cost to show in this quarter finance review.

 

[UP4014]

A very important point openseat.

There's a nexus between 'old economy' and 'unions.'

The vast majority of us (86 per cent if I recall) have long realised that we can exist without unions. Holden, Ford and QF are examples where the workforce has not realised this, and as a result the companies for which they work are uncompetitive.

Anyone who works for a company with 10,000 20,000 or 30,000 employees should seriously consider being a union member, you don't need to tell anyone, just do it for you own well being.

I think some are all too quick to forget what conditions were once like, and in some industries not all that long ago.

I am not a member of a union myself, but some industries it is needed.

Matt

 

[zachary.august]

Would you be able to hand over large chunks of domestic flying to Cobham etc? Transfer some employees to that company and then use it to operate other services.

 

[TonyHancock]

Holden, Ford and QF are examples where the workforce has not realised this, and as a result the companies for which they work are uncompetitive.

You'd better let BMW in Germany know. In fact you'd better let Volkswagen and Mercedes know too. The German Automotive industry is also highly unionised.

 

[Isochronous]

You'd better let BMW in Germany know. In fact you'd better let Volkswagen and Mercedes know too. The German Automotive industry is also highly unionised.

The culture in German unions is not necessarily the same as in Australia.

 

[TonyHancock]

The culture in German unions is not necessarily the same as in Australia.

Yet German automotive workers are amongst the highest paid in the world, therefore BMW, Volkswagen and Mercedes must also be uncompetitive surely?

 

[Pushka]

Maybe there are better performance clauses in Europe? We were told by one process worker in Holden's never to buy a car made on a particular weekday due to known quality issues.

 

[maroonone]

How about starting with fixing
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which has been the case for 30 minutes - how hard do I have to work to spend money with QF,

 

[Must...Fly!]

Yet German automotive workers are amongst the highest paid in the world, therefore BMW, Volkswagen and Mercedes must also be uncompetitive surely?

All 3 of those manufacture large volumes of cars outside of Germany in countries such as China, USA, India and South Africa.

 

[TonyHancock]

Maybe there are better performance clauses in Europe? We were told by one process worker in Holden's never to buy a car made on a particular weekday due to known quality issues.

Isn't it just a little more likely that, as one example, the BMW management team has worked out that moving away from the pile 'em high sell 'em cheap and positioning the business as a high quality brand that people aspire to own, and will pay a premium for, is the strategy that is right for them? When your margins are decent it doesn't half make for better workplace relations.

The airline industry appears to be a nightmare. Qantas, in my opinion, does't really know what it is, actually I should rephrase that, I don't really know what Qantas is. I think the message to the marketplace is confused. The reality that I see is a marketplace that is unlikely to pay top dollar for a premium product. Anecdotally we all want to fly first class and enjoy first class lounges but we don't really want to have to pay for the pleasure.

I think QF has a difficult job ahead. It either needs to find a position in the market like a BMW or Mercedes.....or more likely resign itself to the fact that air travel is a pile 'em high sell 'em cheap market and work towards a very low cost base and a very different model from today.

 

[TonyHancock]

All 3 of those manufacture large volumes of cars outside of Germany in countries such as China, USA, India and South Africa.

The cars manufactured in The USA and China are sold in The USA and China. I suspect the same is true for South Africa. If you buy a BMW in Europe it will have been made in Europe and more than likely Germany.

 

[wallaby1]

Do something with Jetstar (domestic).
Either make it a full part of the Qantas group, by which I mean things such as interlining baggage and protecting Jetstar passengers in case of flight problems,
Or
hive Jetstar off with separate profit/loss including paying for its own planes and other services..

 

[Sprucegoose]

I wouldn't. I stick to what I know has got me this far.

you either have an airline culture mentality backed by years of experience or you don't. Don't pretend to have when you don't!

 

[cove]

It may be that QAN will need to do an underwritten share issue to raise about $800 million this year.
So far this month about 170 million shares have been traded between $1.24 and $1.02.

I would want to have all of the Qantas passengers aspire to travel one step higher so a passenger in economy aspiring to get to premium economy, a premium economy passenger aspiring to get to business class and finally a business class passenger aspiring to get to first class.
Alan Joyce started cutting out First Class because he did not appreciate what passengers aspirations were.
He was wrong.
Rebuilding the brand can be achieved while Virgin keep running rogue planes but that won't last forever.
It may take a cut of several thousand to reposition the Qantas cost structure even though they do not have Chapter 11 provisions available to do an AA style of restructuring. AA was in a much bigger mess than Qantas.
The current CEO and Chairman at Qantas have halved the value of this business over 5 years so it is time for a change.

 

[The Rok]

The cars manufactured in The USA and China are sold in The USA and China. I suspect the same is true for South Africa. If you buy a BMW in Europe it will have been made in Europe and more than likely Germany.

Not quite so.

VW produces the Beetle in South America for the global market, the Amarok in Argentina for the global market, the 3 Door Polo in a South Africa for the global market, the Golf 5 sold in Asia Pacific was produced in South Africa. The Caddy can in Poland for the global market, the Jetta is still produced in Mexico for the global market.

Most BMW 3 & 5 series sold in Asia Pacific are built in a South Africa, Mercedes Benz produces all it's vans for sale outside Europe in China....

 

[TonyHancock]

Not quite so.

VW produces the Beetle in South America for the global market, the Amarok in Argentina for the global market, the 3 Door Polo in a South Africa for the global market, the Golf 5 sold in Asia Pacific was produced in South Africa. The Caddy can in Poland for the global market, the Jetta is still produced in Mexico for the global market.

Most BMW 3 & 5 series sold in Asia Pacific are built in a South Africa, Mercedes Benz produces all it's vans for sale outside Europe in China....

Thanks you for the exceptions that prove the rule.

By the way, South America, Mexico and Argentina are not in the USA or China, Poland is in Europe and a van is not a car. Oh and The BMW 5 series is not manufactured in South Africa any more, but not a bad effort.

 

[JohnK]

I would make it look like I knew what I was doing.

And the 2 million pay increase proves that I know what I am doing....

 

[Sethor]

Yet German automotive workers are amongst the highest paid in the world, therefore BMW, Volkswagen and Mercedes must also be uncompetitive surely?

They would most likely be uncompetitive if the German auto industry was not heavily subsidized by the EU & German governments.

 

[JohnK]

Yes, a $150k package is earnt by the upper range FA's

Preposterous.

Staff never take seats ahead of commericial passengers.

Never? So staff never help other staff?