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QANTAS grounds its entire fleet

Burgey

Burgey

Well-known member
stephen said:
Maybe. Two days without our biggest domestic and international carrier being in the air is too long. I agree though that it's good that it's over,
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There is no way to resolve it any faster than that, once there's either a complete walk out or lock out. It's not really feasibly possible to do so.
 
stephen

stephen

Well-known member
Burgey said:
There is no way to resolve it any faster than that, once there's either a complete walk out or lock out. It's not really feasibly possible to do so.
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It should never have come to the lockout in the first place. I'm still not too sure who to blame over it - Joyce, the law or the unions. It's probably a combination of all three to some extent.

I get the feeling that the Qantas brand will not be too good for a while.
 
Redbacks

Redbacks

Well-known member
stephen said:
It should never have come to the lockout in the first place. I'm still not too sure who to blame over it - Joyce, the law or the unions. It's probably a combination of all three to some extent.

I get the feeling that the Qantas brand will not be too good for a while.
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The FWA gave the unions protected action, thus the 1-2 hour strikes across the past weeks which disrupted 70,000 passengers and was bleeding future bookings from the company was protected. It was costing the company $15million a week so Joyce said '**** it, we either close down the airline or get the union council to rule on the issue as the company sure as heck ain't going to sit by whilst the employees **** them over' as a result of the 80's union legislation.
 
Redbacks

Redbacks

Well-known member
Top_Cat said:
Get them out of aviation!
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It's not the most stable of industries is it :laugh: I only have a small stake anyway, but I am not willing to take a loss yet.

Their return on capital about 4% a the moment so for all the effort it would be a better investment to lump the $3 bil into a bank account.
 
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