Qantas buys Alliance
I can't see them just buying Bravo. The core FIFO op is a goldmine of solid, guaranteed revenues, a Fokker fleet of scale (with the path towards replacing them with E190s), plus buying a much larger range of contracts, fleet and bases that Network couldn't replicate on its own. It's not just about access to another cheap set of drivers for the RPT operation.
Might be interesting to see if Qantas try to allay the ACCC's concerns by offering cheap E190 leases or sales to Cobham/Rex and Airnorth to allow them to scale up and bid for more FIFO contracts. Only issue is that Rio have just gone through a major procurement of their air services, so there isn't immediate opportunity for those guys to pick up a big chunk of work from the top end of town.
Might be interesting to see if Qantas try to allay the ACCC's concerns by offering cheap E190 leases or sales to Cobham/Rex and Airnorth to allow them to scale up and bid for more FIFO contracts. Only issue is that Rio have just gone through a major procurement of their air services, so there isn't immediate opportunity for those guys to pick up a big chunk of work from the top end of town.
I can't see them just buying Bravo. The core FIFO op is a goldmine of solid, guaranteed revenues, a Fokker fleet of scale (with the path towards replacing them with E190s), plus buying a much larger range of contracts, fleet and bases that Network couldn't replicate on its own. It's not just about access to another cheap set of drivers for the RPT operation.
Might be interesting to see if Qantas try to allay the ACCC's concerns by offering cheap E190 leases or sales to Cobham/Rex and Airnorth to allow them to scale up and bid for more FIFO contracts. Only issue is that Rio have just gone through a major procurement of their air services, so there isn't immediate opportunity for those guys to pick up a big chunk of work from the top end of town.
Might be interesting to see if Qantas try to allay the ACCC's concerns by offering cheap E190 leases or sales to Cobham/Rex and Airnorth to allow them to scale up and bid for more FIFO contracts. Only issue is that Rio have just gone through a major procurement of their air services, so there isn't immediate opportunity for those guys to pick up a big chunk of work from the top end of town.
The market currently has Alliance's share price around $1.30 under Qantas' offer price which suggests the market has decided it won't happen. There is no way the market would walk away from such an obvious arbitrage if it thought there was any chance of it happening.
Even if the ACCC allows this the big miners won't. They will start their own airline if need be. They hate supplier monopolies whether be unions or businesses noone gets to have one.
So if QF do get this through just watch for a new charter business start up in BNE or PER and suddenly pick up a few lucrative contracts out of nowhere.
So if QF do get this through just watch for a new charter business start up in BNE or PER and suddenly pick up a few lucrative contracts out of nowhere.
They hate supplier monopolies
There are the Qantas owned companies. There is VA and VARA. There is REX and the NJE FIFO/Freight unit.
Three companies, made up of different business units.
Has the AFAP or TWU made a submission to the ACCC regarding this hostile takeover?
I can see very little benefit to the overall pilot community if yet another pilot group is controlled by Qantas. Imagine getting sacked from a QF group company. Without Alliance as an independent company it would make finding future employment in Australia that much more difficult. It would make moving to other entities (including mainline) significantly more difficult as well.
I can see very little benefit to the overall pilot community if yet another pilot group is controlled by Qantas. Imagine getting sacked from a QF group company. Without Alliance as an independent company it would make finding future employment in Australia that much more difficult. It would make moving to other entities (including mainline) significantly more difficult as well.
Qantas's proposed acquisition of Alliance is most assuredly not a 'hostile takeover'. The Scheme of Implementation Deed that would give effect to the acquisition was approved by the Alliance board.
I can see very little benefit to the overall pilot community if yet another pilot group is controlled by Qantas. Imagine getting sacked from a QF group company. Without Alliance as an independent company it would make finding future employment in Australia that much more difficult. It would make moving to other entities (including mainline) significantly more difficult as well.
There are the Qantas owned companies. There is VA and VARA. There is REX and the NJE FIFO/Freight unit.
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Townsville Mayor knows what’s best for the aviation industry
Sorry, the link is behind a paywall and I’m not going to take out a subscription to a two-bit regional rag, but apparently Townsville’s bogan Mayor, Jenny Hill, aka ‘The Mullet’, reckons such a deal will be devastating to the regions. It’s not the first time she has poked the Roo in the eye. She has either a big set or nuts or she is brain damaged. Love Qantas or hate them, if you piss them off enough, you will feel the brunt of them. My money is on her being a complete moron.
https://www.townsvillebulletin.com.a...30a-1662031385
https://www.townsvillebulletin.com.a...30a-1662031385
Sorry, the link is behind a paywall and I’m not going to take out a subscription to a two-bit regional rag, but apparently Townsville’s bogan Mayor, Jenny Hill, aka ‘The Mullet’, reckons such a deal will be devastating to the regions. It’s not the first time she has poked the Roo in the eye. She has either a big set or nuts or she is brain damaged. Love Qantas or hate them, if you piss them off enough, you will feel the brunt of them. My money is on her being a complete moron.
https://www.townsvillebulletin.com.a...30a-1662031385
https://www.townsvillebulletin.com.a...30a-1662031385
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Staff travel isn't as great as outsiders think it is. If the airline paid us an extra $x I'd happily give it up.
What x is depends on your staff travel experience. Ruin a few family holidays and x becomes pretty low.
Ask the NJS crew what their welcome to Qxxxxx experience was like..
What x is depends on your staff travel experience. Ruin a few family holidays and x becomes pretty low.
Ask the NJS crew what their welcome to Qxxxxx experience was like..
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Give me the old Fokker's long term stable resources contracts, over white Caps, rainbow propaganda, frustrating staff travel and wage freezes.
I can’t see the QF acquisition of Alliance changing the aviation dynamic much in this country.
Alliance’s terms and conditions are nothing to cry home about and essentially QF would just use Alliance to play off other work groups just as they are doing with Network / NJS / Qlink etc. Whilst that sort of IR strategy is deplorable, QF acquiring QQ is hardly going to change it all that much.
I see Rex have written a submission to the ACCC in support of the QF acquisition.
And from a Virgin pilots perspective, maybe this outcome wouldn’t be too bad as it may force VA to look at accelerating options to bring back in house some of the outsourced flying (which from recent announcements looks to be increasing over the next 12 months anyway).
