Quantas to put off 300 next year.

Discussion in 'Markets & Economies' started by TheEnd, Nov 10, 2013.

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  1. Old Codger

    Old Codger Active Member Silver Stacker

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    Mr Wikipedia tells me that QANTAS has a bit over 33,000 employees.

    With a bit of luck and bastardry the unions can get QANTAS closed down, and all of them can get the sack.

    Tony Abbots fault of course!


    OC
     
    Old Codger, Mar 1, 2014
    #81
  2. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    33,000 is about right. that's how 'they' (the commentators) got to the 3000 employee redundancies (i.e. 10% downsizing), straight out of the Harvard Business School chapter on "Economic Rationalisation"...(don't look it up, I'm being metaphorical).

    Honestly, putting all emotion aside...That's the logical & most likely outcome

    Yeah, but once again the Taxpayer will front the bill.... remember the Ansett levie? :(
     
    Clawhammer, Mar 1, 2014
    #82
  3. errol43

    errol43 New Member Silver Stacker

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    QANTAS is dead but it won't lay down.Seven/eight years ago the management of QANTAS recommended that a bid of over $5 a share be accepted.

    However with an election looming both the blue and red team opposed the sale as the government owned 51% of the airline.

    The shareholders will never see another offer like this again. Just in recent weeks the price of oil has gone from $92 to $103.. Now that is not good for all airlines and may well spell the death of QANTAS.

    Shareholders will be big losers as will the workers.

    Maybe the time is now to build a high speed railway between Brisbane ,Sydney, Melbourne, Adelaide and Perth?

    The Snowy Mt scheme done wonders for Australia years ago.

    Lets hope that we as a nation can do so again.

    The workers are not the only greedy ones, What about the financial gurus who make money moving money around. That BTW does not include small business.

    Regards Errol 43
     
    errol43, Mar 1, 2014
    #83
  4. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    The private sector would build it in 7 years and the Govt. would hold it up for 5yrs deciding what f*#king colour to paint it.
     
    Clawhammer, Mar 1, 2014
    #84
  5. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Government couldn't afford it even if they wanted to do it. They'll keep talking about doing it every election year but have no intention on following though with anything.
     
    Caput Lupinum, Mar 1, 2014
    #85
  6. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    The last government spent 7 billion dollars and couldn't even build a high speed internet connection between Brisbane, Sydney, Adelaide Melbourne and Perth.
     
    Shaddam IV, Mar 1, 2014
    #86
  7. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    That f'ing thing was 7 metres from my front door and couldn't hook into it.
     
    Clawhammer, Mar 1, 2014
    #87
  8. rbaggio

    rbaggio Active Member Silver Stacker

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    2H 2011:

    http://www.virginaustralia.com/au/en/about-us/media/2012/VAH-FINANCIAL-RESULT-2011/
     
    rbaggio, Mar 1, 2014
    #88
  9. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    I thought you were referring to unions vs Qantas management. :p
    Seems the unions waged a war that ended with their losses be more than the opponent.
     
    wrcmad, Mar 1, 2014
    #89
  10. errol43

    errol43 New Member Silver Stacker

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    If you are going to build a NBN, why would you start in Tasmania? :) Maybe the first stage of the high speed rail could be built there too. ?
    Maybe we should just move on an build some more subs. :)

    Regards Errol 43
     
    errol43, Mar 1, 2014
    #90
  11. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Build the high speed rail link only in Tasmania. The people of Hobart, Launceston and.......such and such need the work anyway.
     
    Caput Lupinum, Mar 1, 2014
    #91
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