Qantas buys Alliance
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It'll be interesting to see what the ruling from ACCC is. Very odd that they've delayed the ruling too. Who says yay and who says nay?
Could also be the reason to start bringing in the A319’s. Not sure if they perform better than the A320’s but it could all be part of the “right plane, right root” crap they keep peddling out.
You will find the specific mining work/contracts will need to be Network operated, not operated by Alliance for network. I understand some contracts do specify that QF and VA mainline are able to conduct some of the mining work alongside its subsidiary, if required, generally in the form of a 737NG.
The ACCC clearly delayed the decision as Rex put in a late submission, endorsing the deal, while everyone else had lengthy submissions against it. No doubt that intrigued the commission. Rex will be doing what works for itself, so clearly that supportive submission works for itself, who cares about Qantas. I expect nothing less from them.
The ACCC clearly delayed the decision as Rex put in a late submission, endorsing the deal, while everyone else had lengthy submissions against it. No doubt that intrigued the commission. Rex will be doing what works for itself, so clearly that supportive submission works for itself, who cares about Qantas. I expect nothing less from them.
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RealSatoshi - $50... ? Surely you must be joking. I drive a hard bargain and can only offer you $80! 
Townsville Refueler tells me a lazy 10 of the Sampa-Vans are to be parked in Perth by years end...
Happy Landings.
Townsville Refueler tells me a lazy 10 of the Sampa-Vans are to be parked in Perth by years end...
Happy Landings.
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That could change with the recent increase in E190’s for the QF flying.
Anyone heard any rumblings on the upcoming ACCC announcement? How would it work if the ACCC allow the acquisition in terms of the recent wet lease arrangement for E190s? Would this arrangement simply be filed in the waste paper basket or would it take x months before the real acquisition goes through?
LIkely it will take a while to get all the T's and C's ticked off, especially if the ACCC puts conditions on the acquisitions. If they block, Qantas will likely to go to the National Competition Tribunal to overrule the ACCC. I expect that the mining companies will do their best to either extract significant concessions from Qantas or possibly block it, unless they can find another way to get some competitive tension. Rio Tinto particularly is at risk of ending up with Qantas holding most of its charter/RPT contracts, and they will want to ensure there is some competition in the market.
With the Alliance share price still at under $3.45 compared with the QF offer of $4.75, it seems the unemotional aribritagers in the stock market are still thinking the takeover won't be approved. If there was a belief that it was likely to succeed, the share price would be tracking very closely to the offer price.
Qantas Group needs to refocus and stick to its core. Mainline, Jetstar, and regional. Freight to the side. Alliance will be a huge distraction for the group.
I don’t believe all those above are currently running smoothly, with a new fleet type due soon (A220, 330F), a low cost arm that is currently in my view, operationally underperforming with very questionable recent managerial appointments, 717s that are proving troublesome. The list goes on. Alan will want to play with Alliance before he goes, if successful, meanwhile other parts of the business are falling apart. Jetstar will continue to slide should this get approved. The focus is in the wrong areas.
Alan again trying to takeover the world. A reporter recently raised concerns in a presser with him re Jetstar performing poorly. Completely wasn’t interested and advised a new great team underway. Couldn’t be further from the truth.
I don’t believe all those above are currently running smoothly, with a new fleet type due soon (A220, 330F), a low cost arm that is currently in my view, operationally underperforming with very questionable recent managerial appointments, 717s that are proving troublesome. The list goes on. Alan will want to play with Alliance before he goes, if successful, meanwhile other parts of the business are falling apart. Jetstar will continue to slide should this get approved. The focus is in the wrong areas.
Alan again trying to takeover the world. A reporter recently raised concerns in a presser with him re Jetstar performing poorly. Completely wasn’t interested and advised a new great team underway. Couldn’t be further from the truth.
Last edited by PoppaJo; 16th Mar 2023 at 08:15.
Qantas Group needs to refocus and stick to its core. Mainline, Jetstar, and regional. Freight to the side. Alliance will be a huge distraction for the group.
Alan again trying to takeover the world. A reporter recently raised concerns in a presser with him re Jetstar performing poorly. Completely wasn’t interested and advised a new great team underway. Couldn’t be further from the truth.
Alan again trying to takeover the world. A reporter recently raised concerns in a presser with him re Jetstar performing poorly. Completely wasn’t interested and advised a new great team underway. Couldn’t be further from the truth.
An interesting take on scope clauses.
https://www.youtube.com/watch?v=ifz8mXHtvH0
https://www.youtube.com/watch?v=ifz8mXHtvH0
As said before....any EBA that does not include SCOPE as well as CPI+ is not worth the paper it is written on 
It is the only way to stop the rot and put a hard floor under what is transpiring here...
It is the only way to stop the rot and put a hard floor under what is transpiring here...
Last edited by RealSatoshi; 19th Mar 2023 at 04:15.