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Ot- qantas

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blacktip-reefy

Immortal
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34,079
Reef are you happy as a shareholder with the performance of the companies shares? Pretty steep decline over the last 12 months.

imageChart.axd

Not at all. Which is why they are cutting costs. But the Share value is in line with the economy.
Wish i could get out of them & buy resources really.
 

DJShaksta

First Grade
Messages
7,226
I sold my 1400 or so qantas shares for $6.82 each, right around the time of the proposed Macquarie takeover about 5 years ago.

:) :) :)
 

Alan Shore

First Grade
Messages
9,390
yeah and what is the name of the Lawyers involved (same mob as Patricks, same mob with Rio Tinto), The Chairman whats his name... the Former Rio Tinto Boss ... me just thinks its a concerted plan to smash the Unions involved.

You want a third world international airline maintained by third world mantenance, flown by third world pilots. Cool

Qantas domestic has 65% of the market. Running well too.

Just changing subject for a mo... have you heard the lil Irish grub defending his payrise. Wow he has my sympathy. It must be hard to survive on $96,000.00 a week.

You seriously think Qantas does a better job than Cathay Pacific?
 

Sharkie73

Bench
Messages
2,884
This info comes from a mate of mine who worked for Qantas and is still in the airline industry very interesting.

Baggage Handler base wage is $38,000. That's it. They rely on O/T and Penalties to get over the cost of living and they are asking for 5% and stated from the outset that they would negotiate on that. Which means they will take 3.5%. They also want a guarantee that albeit they accept th...at QANTAS will use contractors they want the workforce capped at 20% contractors and not 55% that the airline want. Contractors who don't get paid O/T or penalty rates of course

The TWU also want T&C's that cover safety, training and standards for all employees AND contractors, cos what do you know bugger all training for contract staff. Nothing important of course, it's just an airline in a Terrorist world.

The engineers want 3% (less than CPI) and they want A380 maintenance done here and not shipped overseas to the lowest Asian bidder to further downgrade the airlines safety record. As the A380 has only been in the air since late 2008 there isn't much maintenance yet so its a future plan than is needed for the infrastructure it wants.

The long haul Pilots haven't staged action for 44 years and asking for 2.5% (well under CPI) which once again has stated as negotiable. They've never had a stop work meeting, never called a strike. They want QANTAS flights to be piloted by QANTAS pilots and not cheap Jetsar Pilots, they also say that Jetstar Pilots should be paid equivalent to QANTAS pilots if they fly QANTAS flights as that's only reasonable. They also don't want to be relocated as a group to Asia, nor do they accept that they should all be replaced by cheap Asian pilots. The extent of their industrial action for the last 4 months? they make an announcement in air and they wear a red tie. Haven't cost QANTAS one red cent yet all got locked out.
 

Quigs

Immortal
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34,874
Come off it Sharky.

You can't let facts get in the way of a good corporate Big Business Spin.
 

Eion

First Grade
Messages
8,034
I get the CPI argument if you're on minimum wage, but it just doesn't wash with me once you're on decent money which all of the pilots and engineers are. (There's only so much milk and bread you can buy).

Most industries are hurting (mine included). All our workforce had no pay review 2 years ago and a piss poor one last year, and it's all meant to be performance based.

Good luck to them, but they're pushing shite uphill in this economic environment.
 

sharknows

Bench
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2,753
What is decent wage now will be eroded away quickly as the cost of living rises. Ridiculous statement Eion.
 

Eion

First Grade
Messages
8,034
I'm farked by mortgage and cost of living increases like everyone else and wish it weren't so.

My point is that those on a good wicket can expect to experience a reduction in their standard of living from time to time, and one of those times is now. Baby boom days are over.

That's why I say good luck to them, but they'll lose - the global economy is a basket case.
 

Vin Fizz

Bench
Messages
2,907
This info comes from a mate of mine who worked for Qantas and is still in the airline industry very interesting.

Baggage Handler base wage is $38,000. That's it. They rely on O/T and Penalties to get over the cost of living and they are asking for 5% and stated from the outset that they would negotiate on that. Which means they will take 3.5%. They also want a guarantee that albeit they accept th...at QANTAS will use contractors they want the workforce capped at 20% contractors and not 55% that the airline want. Contractors who don't get paid O/T or penalty rates of course

The TWU also want T&C's that cover safety, training and standards for all employees AND contractors, cos what do you know bugger all training for contract staff. Nothing important of course, it's just an airline in a Terrorist world.

The engineers want 3% (less than CPI) and they want A380 maintenance done here and not shipped overseas to the lowest Asian bidder to further downgrade the airlines safety record. As the A380 has only been in the air since late 2008 there isn't much maintenance yet so its a future plan than is needed for the infrastructure it wants.

The long haul Pilots haven't staged action for 44 years and asking for 2.5% (well under CPI) which once again has stated as negotiable. They've never had a stop work meeting, never called a strike. They want QANTAS flights to be piloted by QANTAS pilots and not cheap Jetsar Pilots, they also say that Jetstar Pilots should be paid equivalent to QANTAS pilots if they fly QANTAS flights as that's only reasonable. They also don't want to be relocated as a group to Asia, nor do they accept that they should all be replaced by cheap Asian pilots. The extent of their industrial action for the last 4 months? they make an announcement in air and they wear a red tie. Haven't cost QANTAS one red cent yet all got locked out.

I dunno gangsters. I just can't help thinking if the demands were as reasonable as described above, and whats more, would be upheld by any reasonable person test, then why are they being rejected? Something missing in the story here, and I suspect it's got to do with job guarantees and redundancy terms that are tied up with the pay increase. I agree with Quigs is some ways. Need all the facts here!
 

Quigs

Immortal
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34,874
My old mate the Mad Monk Wingnut Dr No is in a bit of deep sh!t right about now.

Might seem like someone had alot of prior notification of the grounding/lockout well before others..... and did farkall. Didn't think it was in the publics interests to let them know.

Hmmmm interesting times.

I'm sort of thunking that some in Canberra are very very upset right now that the Grounding did not drag on for days and days and days.
 

Alan Shore

First Grade
Messages
9,390
Apparently the parties had agreed on the $$$ issues and the sticking point was the unions basically demanding a veto on management decisions rather than pay or conditions.
 

Vin Fizz

Bench
Messages
2,907
Geee whizz who'd a thunk this.

Fat Joe knew..

How long for Tone now.


I think you're right Quigs. Rewind back to about 10 days after the worlds closest election. Tone was shattererd when the independants handed power to Ms G. I reckon he knew then that was his ONLY chance of being PM. The Libs might get back in (who knows) but Ill bet London to a brick it wont be under Abhaaaarrrrrrttttttttttt. Just a hunch.
 
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