Rejoyce at Qantas

[Foreigner]

Outlook for the national airline better:

It's a rule: forecasts are always wrong | smh.com.au

 

[SeatBackForward]

Lucky that Qantas clearly indicates its profit surcharge, I mean fuel surcharge when booking tickets now.

 

[Deleted member]

A bit of good luck rather than good management in play here.

 

[Hvr]

With that headline I thought Alan Joyce had been reappointed as CEO.

Wonder if people would rejoice if there was a Re-Joyce?

 

[OATEK]

With that headline I thought Alan Joyce had been reappointed as CEO.

Wonder if people would rejoice if there was a Re-Joyce?

I had hoped the same, although you never know who might come next - it may not be better!

 

[albatross710]

As a cricket fan I'm really annoyed at the game outcome forecasting tool that the Nine commentary has been including. From my view (without doing an empirical study) it doesn't seem to actually be very accurate at all.

At my business, my CFO had a nice forecasting methodology where he would make me complete my quarterly forecast, the represent that back to me at the end of each quarter. I got better.

Alby

 

[zainman]

Thank you Emirates

 

[BD1959]

Thank you Emirates

Has a figure been disclosed of the "value" of the Eimrates "partnership"?

Regards,

BD

 

[Red Roo]

Here's some information from us as reference: QANTAS GROUP MARKET UPDATE - Qantas News Room

 

[Brettmcg]

Alan (Re)joyce?

 

[BD1959]

Here's some information from us as reference: QANTAS GROUP MARKET UPDATE - Qantas News Room

Red Roo reinforcing the value of a social media presence !!

Regards,

BD

 

[kevrosmith]

Oh I thought the thread was that we were rejoicing because Alan Joyce had been sacked...

 

[medhead]

I'm re-joyce-ing because even when there are $105 sale fares advertised >6 months in advance, my go to monday morning flight still starts at a minimum of $259. Yay! Qantas has made record profit.

 

[OATEK]

I'm re-joyce-ing because even when there are $105 sale fares advertised >6 months in advance, my go to monday morning flight still starts at a minimum of $259. Yay! Qantas has made record profit.

Yield management at its best/worst.

 

[medhead]

Yield management at its best/worst.

I booked my February flights earlier this week. The previously $259 fares had all dropped to $215 or lower. Seems I just wait for the lower price and keep the cash in my pocket. Also gave me the opportunity to pick up some $104 fares from VA. I'm not sure yield management's ambit claim of $259 is working that well. If it was I'd expect fares to increase not decrease.

 

[under the radar]

Ahhh..good to see the AFF 'mantra' is still alive and kicking...'always find something to whinge about'

 

[Benno]

Good work for forecasting fuel prices were dropping, and bringing forward those big asset write downs a while ago. Makes current results look super good!

 

[OATEK]

I booked my February flights earlier this week. The previously $259 fares had all dropped to $215 or lower. Seems I just wait for the lower price and keep the cash in my pocket. Also gave me the opportunity to pick up some $104 fares from VA. I'm not sure yield management's ambit claim of $259 is working that well. If it was I'd expect fares to increase not decrease.

That is why I left it as "best/worst". I recently looked for some late specials SYD-PER, and was greatly disappointed to see they were in fact going up, not down.

 

[andye]

To be fair VA have the same forex and fuel price conditions

 

[Foreigner]

That is why I left it as "best/worst". I recently looked for some late specials SYD-PER, and was greatly disappointed to see they were in fact going up, not down.

That's dynamic pricing at work. Looking at the big picture there will be hundreds, if not more, customers purchasing seats - some will be cancelling. The airline adapts demands to supply and prices accordingly.