6 replies

watson374

Qantas - Qantas Frequent Flyer

Member since 17 Aug 2012

Total posts 1,285

The Roo in the Red!

We all seem to be up in arms about Qantas cutting left, right and centre. Jobs? Gone. Planes? Gone. Routes? Gone. Hot breakfasts in Y? Gone.

So, what would you do to bring it back up to scratch? Sit up in your armchairs, puff your cigars and sip your brandies - let's play Armchair Airline CEO!

Merc25

Qantas - Qantas Frequent Flyer

Member since 29 Jun 2013

Total posts 317

Get rid off the union culture at Qantas ,like the trams and railways in Melbourne ,nothing will happen till the union culture is changed,unions were required 50 years ago ,now they are killing company's and causing the loss off jobs and are not required .at least Qantas stood it's ground a year or two back against the union !! Qantas needs to service it's planes overseas and pay overseas rates as Australia is the dearest place in the world to employ anyone .

jimkg

Member since 26 Jul 2013

Total posts 5

Could not agree more!

spinoza

Member since 01 Feb 2012

Total posts 218

Lets think about what is (usually) profitable and what is never profitable.

Domestic flights are profitable. US flights are profitable. Jetstar is profitable. QFF is profitable. Everything else is a dog and only exists to maintain the value of QFF. By everything else, of course I mostly mean flights to europe and asia. 

The solution that is most valuable maximising for the economy, shareholders, and consumers, will be a scenario where the sale act is repealed, and someone like CX, SQ, or EK buys 100% of QF. All the profitable parts can be maintained, and most of the unprofitable parts can be scrapped. Maintenance can all be done in asia or middle east. 

Under the current situation, I don't see how this ends well for Qantas. They can't compete against Virgin when Virgin have no need to make profits. In fact the only reason its shareholders invest is to hurt Qantas internationally. (Its working)

Serg

QFF

Member since 12 Apr 2013

Total posts 870

We are small country (by population) and so far we happy enough to live in prosperity. IMHO our government must protect our own prosperity. If we like to receive more at our paydays we MUST pay more. And it not going to happen in zoo that called “global economy”. In all those Internet purchases and “offshore” sourcing we bound to loose our industries and our jobs. We must lift duties on plenty of goods that we still can make like cars (probably already too late) to encourage manufacturing inside Australia. We must reorganize our unions, otherwise they will kill our labor. We have to stop saving planet and start to save ourselves – instead of this ridiculous “carbon trading” we better of invest in technologies to harness our bushfires (2/3 of carbon emission from Australia as whole) and we must push forward as hard as possible nuclear power (electricity is 80% of human contribution) – we blessed with enormous space, stable geology and ample of Uranium. And regarding Qantas we have to have government controlled and government protected airline – plenty of countries do and their airlines sitting on the top.

Otherwise we will not be able to compete – not with offshore labor cost, not with their dirty manufacturing process. All this “global economy” does not do anything good to us as a country – it serves Big Guys to make even more profit and leads to equalizing of living standards. So sooner rather then later we will live like in China.

spinoza

Member since 01 Feb 2012

Total posts 218

So in summary, the path to prosperity is to pay more for everything, be less competitive, and just close ourselves from trade when it doesn't suit us. When did that ever work for a country? Ask Argentina, who 100 years ago was one of the 10 richest economies in the world and grew poorer and poorer in the 20th century following many of the policies you mentioned above. 

Last I checked, Australia was participating in the global economy and doing damn well from it.

Sorry, but economics is not just a matter of personal opinion - there is right and wrong in economics. Your policy prescription has never in history led to prosperity.

Serg

QFF

Member since 12 Apr 2013

Total posts 870

We shall see :-)

In the same way how you protect your income and income of your family, country should protect own income. USA for example doing far better in this regards.

Once upon time Australia was famous for textile. Where it is now? Gone. Footwear - gone. Automotive - almost gone. and list is going on.

What we left with? Meat, ore (mind you, ore, not metal!!!) and wine. And you seriously reckon that we well fit into "global economy"? At the best we will face fate of NZ. You pick wrong nic, my friend.

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