Qantas Group Strategy Update and Financial Result

[Montague S]

Sell everything, chop workforce, pay down debt...then eventually get back into debt. First question was why Joyce was holding the interview at Westin Hotel and not HQ.

[Sarah C]

Originally Posted by Montague S

First question was why Joyce was holding the interview at Westin Hotel and not HQ.

Actually it was the second question. They first one was about Joyce's job and why it was safe.

Both valid questions which were answered pretty poorly. The journos just got very soft in that press conference.

[George G]

So has he announced his resignation yet?

[Rowan McKeever]

Originally Posted by Sarah C

Both valid questions which were answered pretty poorly. The journos just got very soft in that press conference.

Is there a link to the Q&A anywhere? Transcript, video, audio?

Cheers
Rowan

[Stephen Brown]

Joyce has been in charge of one of the greatest scale backs of Qantas in it's 94 year history. He must be doing one hell of a tap dance in front of that board.

[Ash W]

Originally Posted by Jacob L

Should they have ordered the most reliable aircraft ever made, THE 777 instead of the 787

With hindsite maybe. But back when the 787 order was made I don't ever recall anyone saying a negative word about about it.

[Ash W]

Originally Posted by Stephen Brown

Joyce has been in charge of one of the greatest scale backs of Qantas in it's 94 year history. He must be doing one hell of a tap dance in front of that board.

At a time where competition from foreign airlines (including their partner Emirates) is ever increasing, at a time where Australian workers (including myself) are getting paid more than ever, at a time where they had free run of the domestic premium for the best part of 12 years, but now face an aggressive competitor, at a time where they need a cash injection but won't get it from Australia and cannot get enough of it offshore.

So maybe under the circumstances he is doing what the board wants him to do.

Now before anyone goes me over my comment about Virgin, let me make it clear I think what they are doing is good for the country as a whole so not complaining about them just stating the fact. But when it comes to Qantas they grew fast to fill the void left by Ansett, quite clearly if Virgin is now eating into that market as they are entitled to do and should do, Qantas has little choice but to shrink, which of course means service cuts and job cuts.

[Rowan McKeever]

Proposed amedment of the QSA has passed the Lower House... unsurprisingly. Now for the Senate...

http://www.abc.net.au/news/2014-03-0...-house/5302102

[Steve Crook]

Can anyone clarify the timetable for downgrading of Qantas SIN-BNE services from 744s to A330s? The Qantas website says first quarter of FY15....Australian Business Traveller says by September this year. By FY15 do they mean FY14/15? I'm booked to fly SIN-BNE Premium Economy on points on Oct 2. I was initially booked SIN-SYD but they downgraded that flight from a 744 to an A330 just after making the booking (with an initial upgrade to Business quickly followed by an apology and downgrade to economy). I don't want the same thing to happen on the current booking. The flight still shows as a 744 on the Qantas website

[lloyd fox]

Yes Steve it will be a A330 unfortunately.

FY15 is July 2014 to June 2015.