Litespeed

Turboplaner suggested for a plan to get Qantas problems solved and asked for ideas............

On the basis that you were in charge, what you would do.........

So here goes.

A multipoint plan to get the Red Roo back in its rightful place and earn profits.

• Call a meeting with Federal police, ASIC, CASA et al and make a plain case for suspicion of illegal activity with fraud, corporations and aviation laws. I would explain that Qantas is wanting their assistance to protect them from criminal activities of directors, board etc.
   
   
  

This may seem a strange strategy to success but is a huge positive for the company and the most sensible direction.

It would allow the real problem with the company to be removed and justice be done as the evidence dictates.

The public would be greatly relieved and feel change has happened and Qantas is worthy of respect and flying with.

It would provide a complete circuit breaker on staffing problems.

• Create a new management team of people with airline experience including poaching from Virgin and others.
   
   
  

• Get a new board with staff having two board members that they appoint.
   
   
  
• Provide a share ownership plan in Industrial awards and encourage workers to be shareholders.
   
   
  

Now not only are the staff on your side, but they have a voice at the top and are also shareholders.

Staff are now your greatest asset rather than the enemy.

• Invest in much better aircraft to get better metrics and lower fuel costs. The failure to select the right aircraft and turn over a ancient fleet has been a considerable cost and reduced profitability.
   
   
  
• I would reverse the offshoring of maintenance and maximise the value of talent and safety.
   
   
  
• Naturally I would ensure the accounts are real and not fictional based on cost shifting. True accounting alone may find a far different to the spin.
   
   
  

Now thats the first things Qantas under me would do.

What ya think?

I would not be too quick to think the customers will forgive and forget.

A large shift in customers to mainly Virgin is all but guaranteed, they have staff who are liked by the employer and vis versa. The public will not forget that easily and can get a good price from their competition.

The Qantas Board and Alan Joyce have poisoned the relationship with the staff, and completely lost the confidence of the customer.

The International news this has made is huge and now makes Qantas International a Endangered Species.

It is not just the pissed off customers who were effected and stuck in LA or missed their once in a life time holiday. It is that every prospective customer in future will have a very strong association of Qantas equals possible disaster of holidays or business.

So this will have long term effects on Qantas and its viability, the same goes with Qantas here.

Under the reign of Joyce shareholder value has dropped over a $billion, the share price has tanked, the workforce is rightly hostile and all loyalty lost.

Now the customer base has been used as pawns in his plans. This has made a serious destruction of brand value that is Qantas.

The shareholders and that includes the institutional ones as well need to Sack the lot and bring in forensic accountants.

Nothing short of a complete clean sweep can make any real effect at resurrecting the airlines fortunes.

Close of Business - When stock market shuts for the day.

I am now off to meet the finance and retail experts................

Off to bottleshop for beer.

Top idea Turbo-

I will consult my brains trust, finance, HR and ethics.

And reply.

Phil

As such we should wear a quality helmet and visor. And I mean a proper helmet not the joke cheap aviation ones, besides keeping your brain warm- all they do is add weight to your head.

I value my life and pay for a helmet to protect it.

I don't think this is a far comparison- the skycatcher is a over priced spam can.

The cost difference is huge and all for no real improvement.

I would pick a Jabiru and save a huge amount.

Anyone who thinks this is all the governments fault is dreaming and claims it has neutered Work choices is just plain crap.

Just bull and mirrors to make any situation fit the politics to attack Gillard

Any proper analysis shows the biggest loser is Qantas , no amount of spin changes the facts.

Joyce has just destroyed Billions in goodwill for the long term, all to soothe his meglomania.

Yes the whole industry needs to be looked at, but it is Qantas thats breaking the law and that needs to be foremost.

No claims made by Qantas can hold any credibility until they are held to account. They have clearly manufactured the crisis to suit their aims and any discussion on its ability to turn a profit and competition is redundant. We are dealing with financial accounts that have been engineered and bear no resemblence to legal standards and reality.

I expect Joyce will choke on his kangaroo steak.

Tomo even small stuff can take a big toll at speed.

I have had many encounters with nature on a bike and once had a Wasp or Hornet? Hells angel anyway, get forced into my open chest (jacket part open) and sting me 5 times as it was forced down my arm by airflow. I was able to squash the assassin at my elbow.

The pain was incredible and very distracting. The absolute last thing you want when riding or flying.

Mother Nature has made numerous attempts on my life, fortunately so far she has failed to Darwinate me.

On my track record, it is much safer in the air than on ground when it comes to Mother Natures creatures.

I am yet to see a actual flying Kangaroo but have actually hit one on a roadbike- low speed fortunately.

I have a very healthy respect for all of natures creatures and the consequences of their appearance.

Remember it is survival of the fittest

Darwination is a real possibility.

Absolutely Old Koreelah.

When I got slammed in the head with a Galah, it was the high quality lexan visor and helmet that saved the day and I am certain my life. I was able to absorb the hit and keep the bike upright. 130k was my speed and a Galah hit like a sledge hammer and it smeared pink feather oil all over the visor. I was able to lift the visor and see.

The visor did not flex enough to hit me and did not shatter like perspex. A cheap helmet and visor would most likely have been fatal and the reason lost in the subsequent crash. My helmet performed exactly as it should for the close to $1000 in 1990. These days they are cheaper for topline safety but you still get what you pay for.

Been able to absorb a bird strike should be the focus when deciding on replacement screens and canopies. It need not incur a big weight penalty dependant on the design.

If the design does not allow such safety luxuries then wear a high quality helmet and visor.

Qantas is fundamentally in great shape but run by absolute morons and greed.

A forensic investigation is warranted and charges should be laid where laws have been broken.

The fraudulent accounting practices alone should mean charges are laid.

The breaches of aviation laws and operation certificate conditions should be prosecuted.

A proper inquiry like called for by Xenophon is a good idea, but the federal police, ASIC, CASA etc, should jump in and investigate and lay charges.

The full power of law should be exercised, our National interest demands no less.

nice commentary OME.

Thanks.

I guess that extraordinary times can call for comments that reflect the situation.

And the winner of the 2011 "Greedy Gecko" goes to..........................

Alan Joyce

Incredible that the shareholders allowed this guy in, he has stacked it with the same guys he worked with at Ansett . Killed that airline stone dead and made sure the workers were screwed for years, with lots of help from Little Johnny and friends. To actually allow him to gain a massive pay rise and most likely lots of hidden surprises, is astounding.

Joyce is making a massive mistake, he is shown to be the modern Gordon Gecko of aviation. The fundamentals of the Airline are actually very good but have suffered from many years of very poor boards and executives who have had no greater interest than self enrichment. Remember the previous Ceo Geoff Dixon engineered Qantas to be off the exchange and to make himself a squillion. It was all on smoke and mirror debt with huge increases in valuation and dodgy financial engineering to create big profits for the private equity guys and smoking ruin of a airline.

The financial rumblings at the time stopped the plan but philosophy is still the same.

It should be remembered that they have $3 billion in cash reserves and are one of the few profitably airlines in the world. No matter the GFC or Asian crisis or whatever- they have made a profit. This is the only airline that has made a profit every year for almost a century. The fundamentals are excellent and are a far from the claims of Joyce. He seems to make the facts fit his world view and plans. Having worked with twisted minds for way too many years he certainly displays many symptoms that are very concerning. A diagnosis of functional psychopath is often given to similar personalty types- they tend to be very big in the business world.

By Grounding the Airline he has severely damaged the airlines reputation around the world and nationally. A minimum of 80,000 people disrupted today alone, how many will ever trust Qantas ever again? Given a large amount of their money comes from frequent business flyers who pay top price for their travel, I doubt many will risk it.

A vast amount of the value of the company has been lost under this CEO and now he is happy to squander its cash reserves, its is estimated to cost $30million a day in fixed costs. But the goodwill he is destroying is far greater at at least $100 million just in one day. He is gambling that he can force his way and to hell with the costs in money, social and economic.

Alan Joyce has said he is forced to do it as it costs the company $15million a week in reduced bookings. So he spends a minimum of $210million a week and untold damage to solve it. Then you add the huge cost of putting up all the passengers in accommodation, claims for missed paid holidays and heaps of other things. This guy has a warped sense of reality. The smartest decision the shareholders could do is immediately sack him.

He is literally destroying Qantas and actually acting illegally on many levels not just industrial laws but aviation, trades practices and most definitely Corporations law. He and the board new full well of plans to do this, had planned it and failed to mention it at the annual board meeting the day before. Then comes the Qantas sale act which has been breached.

Will he and his buddies be prosecuted? Not very bloody likely.

Absolutely disgusted

Phil

Viva Revolution

That guy has the most deadly set of retractable gear.

Very scary to be on the receiving end.

Glad I am too big for prey.

Makes a mockery of feeble humans trying to fly.

No keg courage required. I am certifiable.

Hey Dave,

looking great.

I will happily donate my body as drinking buddy and ballast for the rear seat- I weigh only 170lbs with a 6pack consumed.

I would even lose some pounds if needed.

Phil

Interesting article.

Sad that so many died flying them and been passengers following the D day landings. Often the whole crew and soldiers were killed on landing from loads shifting.

Many got squashed by a jeep inside. Such poor decisions by command, from a time when sheers numbers on the ground was the goal. Losses of 30% before even getting onto their feet were acceptable.

A great waste of humanity.

Some are more persistant than others !!!Hope the link works.

 

Thanks for all your efforts Ian.

All the best, please continue to visit and watch you baby grow.

Phil

Extra points for having a cow in a motorcycle sidecar

LOL

Ouch!

How thick is the screen on a 172?

Having copped a Galah into the face- fortunately with a full face helmet on a bike at 130kmh, I know it can be very serious.

Felt like been sledgehammered, very shocking and disorientating. Sure glad I had a helmet on- would have been fatal without it.

Mother Nature is always trying to kill us- beware.

Wow, amazing rebuild from what I presumed was a total wreck.

A testament to its design.

It should now be called "Phoenix"- paint it on the cowl and tailplane.

Phil

Thats bloody brilliant.