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Dr. Sir John Howard, AC,
Guest
|
 Posted: Tue Mar 24, 2009 5:08 am Post subject: Qantas to slash jobs |
 |
|
http://www.news.com.au/business/story/0,27753,25233569-462,00.html
QANTAS will slash a third of its senior executives to save $24 million a year as
it seeks to offset a huge earnings slump caused by the worst downturn in
aviation history.
Between 60 and 80 managers will lose their jobs as the national carrier pursues
its year-long battle to contain costs.
Qantas (qan.ASX:Quote,News), like airlines worldwide, has been hit hard by
rocketing fuel costs and falling demand for high-yield first and business class
travel.
BusinessDaily reported last July that the economic situation confronting the
airline was so grim that even senior managers would be included on a hit list of
1500 redundancies.
The new wave of redundancies, due to be announced within the next week, involves
second-tier managers who are paid between $200,000 and $400,000 a year.
It is believed that rank-and-file workers, their numbers already thinned by
previous cuts, will be exempted from the latest cuts.
The most senior executives, on salary packages ranging from $600,000 to $2.6
million a year, are not affected.
Their roles have already been restructured by chief executive Alan Joyce.
He promoted Colin Storrie to the post of chief financial officer and to the
Qantas board. Lyell Strambi, a former Virgin Express executive, was promoted to
executive general manager operations; former Rudd government adviser David
Epstein became executive general manager government and corporate affairs, and
former Coca-Cola Amatil executive John Scriven was appointed executive general
manager, human resources.
Bruce Buchanan, former deputy to Mr Joyce during his years running Jetstar was
promoted to CEO of the low-cost brand.
Those who have left or are leaving include former CFO Peter Gregg; former head
of industrial relations Kevin Brown; and head of engineering David Cox, who
resigned late last week.
The new austerity measures will see a major shift away from the "business
segmentation" policy the airline embarked on during former CEO Geoff Dixon's reign.
Qantas' engineering and airline catering businesses, which became stand-alone
operations under Dixon, will be brought back under the Qantas operations banner
and overhead costs absorbed.
The changes are a direct result of an eight-month review of the business that Mr
Dixon put in place last July by appointing corporate advisers Boston Consulting.
At the time, Mr Dixon told the airline's 37,000 staff that airlines were facing
their "greatest crisis in aviation history" because the price of jet fuel had
put carriers in unchartered territory.
In July last year, jet fuel was costing airlines $US180 a barrel, causing Qantas
to cut unnecessary spending because of an expected $US2 billion blowout in its
2008-09 fuel budget.
Fuel prices fell to $57.90 a barrel yesterday, but any benefits have been lost
because of falling demand due to belt-tightening by corporate travellers and
holidaymakers choosing to stay home rather than spend on overseas holidays.
Qantas shares rose 2.5c to $1.72.
--
http://www.youtube.com/watch?v=_ipvdBnU8F8
- KRudd at his finest.
"The Labour Party is corrupt beyond redemption!"
- Labour hasbeen Mark Latham in a moment of honest clarity.
"This is the recession we had to have!"
- Paul Keating explaining why he gave Australia another Labour recession.
"Silly old bugger!"
- Well known ACTU pisspot and sometime Labour prime minister Bob Hawke
responding to a pensioner who dared ask for more.
"By 1990, no child will live in poverty"
- Bob Hawke again, desperate to win another election.
"A billion trees ..."
- Borke, pissed as a newt again.
"Well may we say 'God save the Queen' because nothing will save the governor
general!"
- Egotistical shithead and pompous fuckwit E.G. Whitlam whining about his
appointee for Governor General John Kerr. |
|
| Back to top |
|
 |
Greatest Mining Pioneer o
Guest
|
| Posted: Tue Mar 24, 2009 1:31 pm Post subject: Re: Qantas to slash jobs GOOD PEOPLE MUST BE MAD TO FLY QANT |
|
|
On Mar 24, 3:45 am, "Dr. Sir John Howard, AC, WSCMoF"
<kruddisalabourf...@alp.nutjobs> wrote:
| Quote: | http://www.news.com.au/business/story/0,27753,25233569-462,00.html
QANTAS will slash a third of its senior executives to save $24 million a year as
it seeks to offset a huge earnings slump caused by the worst downturn in
aviation history.
Between 60 and 80 managers will lose their jobs as the national carrier pursues
its year-long battle to contain costs.
Qantas (qan.ASX:Quote,News), like airlines worldwide, has been hit hard by
rocketing fuel costs and falling demand for high-yield first and business class
travel.
BusinessDaily reported last July that the economic situation confronting the
airline was so grim that even senior managers would be included on a hit list of
1500 redundancies.
The new wave of redundancies, due to be announced within the next week, involves
second-tier managers who are paid between $200,000 and $400,000 a year.
It is believed that rank-and-file workers, their numbers already thinned by
previous cuts, will be exempted from the latest cuts.
The most senior executives, on salary packages ranging from $600,000 to $2.6
million a year, are not affected.
Their roles have already been restructured by chief executive Alan Joyce.
He promoted Colin Storrie to the post of chief financial officer and to the
Qantas board. Lyell Strambi, a former Virgin Express executive, was promoted to
executive general manager operations; former Rudd government adviser David
Epstein became executive general manager government and corporate affairs, and
former Coca-Cola Amatil executive John Scriven was appointed executive general
manager, human resources.
Bruce Buchanan, former deputy to Mr Joyce during his years running Jetstar was
promoted to CEO of the low-cost brand.
Those who have left or are leaving include former CFO Peter Gregg; former head
of industrial relations Kevin Brown; and head of engineering David Cox, who
resigned late last week.
The new austerity measures will see a major shift away from the "business
segmentation" policy the airline embarked on during former CEO Geoff Dixon's reign.
Qantas' engineering and airline catering businesses, which became stand-alone
operations under Dixon, will be brought back under the Qantas operations banner
and overhead costs absorbed.
The changes are a direct result of an eight-month review of the business that Mr
Dixon put in place last July by appointing corporate advisers Boston Consulting.
At the time, Mr Dixon told the airline's 37,000 staff that airlines were facing
their "greatest crisis in aviation history" because the price of jet fuel had
put carriers in unchartered territory.
In July last year, jet fuel was costing airlines $US180 a barrel, causing Qantas
to cut unnecessary spending because of an expected $US2 billion blowout in its
2008-09 fuel budget.
Fuel prices fell to $57.90 a barrel yesterday, but any benefits have been lost
because of falling demand due to belt-tightening by corporate travellers and
holidaymakers choosing to stay home rather than spend on overseas holidays.
Qantas shares rose 2.5c to $1.72.
--http://www.youtube.com/watch?v=_ipvdBnU8F8
- KRudd at his finest.
"The Labour Party is corrupt beyond redemption!"
- Labour hasbeen Mark Latham in a moment of honest clarity.
"This is the recession we had to have!"
- Paul Keating explaining why he gave Australia another Labour recession.
"Silly old bugger!"
- Well known ACTU pisspot and sometime Labour prime minister Bob Hawke
responding to a pensioner who dared ask for more.
"By 1990, no child will live in poverty"
- Bob Hawke again, desperate to win another election.
"A billion trees ..."
- Borke, pissed as a newt again.
"Well may we say 'God save the Queen' because nothing will save the governor
general!"
- Egotistical shithead and pompous fuckwit E.G. Whitlam whining about his
appointee for Governor General John Kerr.
|
GOOD !
I would never have flown in such dirty, slimy, sticking & unsafe
flight in my life anyway !
No regards
Sir Jean-Paul Turcaud
Australia Mining Pioneer |
|
| Back to top |
|
|
kangarooistan
Guest
|
| Posted: Wed Mar 25, 2009 12:31 am Post subject: Re: Qantas to slash jobs GOOD PEOPLE MUST BE MAD TO FLY QANT |
|
|
On Mar 24, 11:31 pm, Greatest Mining Pioneer of Australia of all Times
<australia.mining-pion...@neuf.fr> wrote:
| Quote: | On Mar 24, 3:45 am, "Dr. Sir John Howard, AC, WSCMoF"
GOOD !
I would never have flown in such dirty, slimy, sticking & unsafe
flight in my life anyway !
No regards
Hi Sir Jean-Paul Turcaud |
Australia Mining Pioneer
After all the filth and abuse the OP has posted online its no wonder
tourists are no longer visiting Australia
When Qantas read what the Sir john Howard criminal has been saying
online about Muslims and Asians for years perhaps then they will
discover why they are ALL about to lose ALL their jobs
No Asian and no Muslim will EVER use any Australian airline EVER again
Sir slimy little creep online troll has destroyed Australian tourism
with his ENDLESS racist threats abuse and terrorism
Only by arresting him can ANY Qantas jobs be saved
Sooner or later Qantas will need to demand he be attested or go on
losing business because of his crimes
google search groups " arselifter "
to see why 50,000 Aussie jobs are DOOMED
nothing can save Qantas until sir slimy little creep "sir john howard"
and all his socks are arrested
http://groups.google.com.au/groups/search?qt_s=1&q=arselifter
..
sadly , by the time Qantas wakes up , it will be too late to save
them from bankruptcy
Millions wasted on advertising while the slimy little creep destroyed
Australian tourist industry from his darkened bedroom
kanga
======= |
|
| Back to top |
|
|
Qanset
Guest
|
| Posted: Wed Mar 25, 2009 1:05 am Post subject: Re: Qantas to slash jobs GOOD PEOPLE MUST BE MAD TO FLY QANT |
|
|
Greatest Mining Pioneer of Australia of all Times wrote:
| Quote: | On Mar 24, 3:45 am, "Dr. Sir John Howard, AC, WSCMoF"
kruddisalabourf...@alp.nutjobs> wrote:
http://www.news.com.au/business/story/0,27753,25233569-462,00.html
QANTAS will slash a third of its senior executives to save $24 million a year as
it seeks to offset a huge earnings slump caused by the worst downturn in
aviation history.
Between 60 and 80 managers will lose their jobs as the national carrier pursues
its year-long battle to contain costs.
Qantas (qan.ASX:Quote,News), like airlines worldwide, has been hit hard by
rocketing fuel costs and falling demand for high-yield first and business class
travel.
BusinessDaily reported last July that the economic situation confronting the
airline was so grim that even senior managers would be included on a hit list of
1500 redundancies.
The new wave of redundancies, due to be announced within the next week, involves
second-tier managers who are paid between $200,000 and $400,000 a year.
It is believed that rank-and-file workers, their numbers already thinned by
previous cuts, will be exempted from the latest cuts.
The most senior executives, on salary packages ranging from $600,000 to $2.6
million a year, are not affected.
Their roles have already been restructured by chief executive Alan Joyce.
He promoted Colin Storrie to the post of chief financial officer and to the
Qantas board. Lyell Strambi, a former Virgin Express executive, was promoted to
executive general manager operations; former Rudd government adviser David
Epstein became executive general manager government and corporate affairs, and
former Coca-Cola Amatil executive John Scriven was appointed executive general
manager, human resources.
Bruce Buchanan, former deputy to Mr Joyce during his years running Jetstar was
promoted to CEO of the low-cost brand.
Those who have left or are leaving include former CFO Peter Gregg; former head
of industrial relations Kevin Brown; and head of engineering David Cox, who
resigned late last week.
The new austerity measures will see a major shift away from the "business
segmentation" policy the airline embarked on during former CEO Geoff Dixon's reign.
Qantas' engineering and airline catering businesses, which became stand-alone
operations under Dixon, will be brought back under the Qantas operations banner
and overhead costs absorbed.
The changes are a direct result of an eight-month review of the business that Mr
Dixon put in place last July by appointing corporate advisers Boston Consulting.
At the time, Mr Dixon told the airline's 37,000 staff that airlines were facing
their "greatest crisis in aviation history" because the price of jet fuel had
put carriers in unchartered territory.
In July last year, jet fuel was costing airlines $US180 a barrel, causing Qantas
to cut unnecessary spending because of an expected $US2 billion blowout in its
2008-09 fuel budget.
Fuel prices fell to $57.90 a barrel yesterday, but any benefits have been lost
because of falling demand due to belt-tightening by corporate travellers and
holidaymakers choosing to stay home rather than spend on overseas holidays.
Qantas shares rose 2.5c to $1.72.
--http://www.youtube.com/watch?v=_ipvdBnU8F8
- KRudd at his finest.
"The Labour Party is corrupt beyond redemption!"
- Labour hasbeen Mark Latham in a moment of honest clarity.
"This is the recession we had to have!"
- Paul Keating explaining why he gave Australia another Labour recession.
"Silly old bugger!"
- Well known ACTU pisspot and sometime Labour prime minister Bob Hawke
responding to a pensioner who dared ask for more.
"By 1990, no child will live in poverty"
- Bob Hawke again, desperate to win another election.
"A billion trees ..."
- Borke, pissed as a newt again.
"Well may we say 'God save the Queen' because nothing will save the governor
general!"
|
What exactly was the Rationale behind that rediculous statement.???
| Quote: | - Egotistical shithead and pompous fuckwit E.G. Whitlam whining about his
appointee for Governor General John Kerr.
GOOD !
I would never have flown in such dirty, slimy, sticking & unsafe
flight in my life anyway !
No regards
Sir Jean-Paul Turcaud
Australia Mining Pioneer |
|
|
| Back to top |
|
|
Qanset
Guest
|
| Posted: Wed Mar 25, 2009 1:05 am Post subject: Re: Qantas to slash jobs |
|
|
Dr. Sir John Howard, AC, WSCMoF wrote:
| Quote: | http://www.news.com.au/business/story/0,27753,25233569-462,00.html
QANTAS will slash a third of its senior executives to save $24 million a
year as it seeks to offset a huge earnings slump caused by the worst
downturn in aviation history.
Between 60 and 80 managers will lose their jobs as the national carrier
pursues its year-long battle to contain costs.
Qantas (qan.ASX:Quote,News), like airlines worldwide, has been hit hard
by rocketing fuel costs and falling demand for high-yield first and
business class travel.
BusinessDaily reported last July that the economic situation confronting
the airline was so grim that even senior managers would be included on a
hit list of 1500 redundancies.
The new wave of redundancies, due to be announced within the next week,
involves second-tier managers who are paid between $200,000 and $400,000
a year.
It is believed that rank-and-file workers, their numbers already thinned
by previous cuts, will be exempted from the latest cuts.
The most senior executives, on salary packages ranging from $600,000 to
$2.6 million a year, are not affected.
Their roles have already been restructured by chief executive Alan Joyce.
He promoted Colin Storrie to the post of chief financial officer and to
the Qantas board. Lyell Strambi, a former Virgin Express executive, was
promoted to executive general manager operations; former Rudd government
adviser David Epstein became executive general manager government and
corporate affairs, and former Coca-Cola Amatil executive John Scriven
was appointed executive general manager, human resources.
Bruce Buchanan, former deputy to Mr Joyce during his years running
Jetstar was promoted to CEO of the low-cost brand.
Those who have left or are leaving include former CFO Peter Gregg;
former head of industrial relations Kevin Brown; and head of engineering
David Cox, who resigned late last week.
The new austerity measures will see a major shift away from the
"business segmentation" policy the airline embarked on during former CEO
Geoff Dixon's reign.
Qantas' engineering and airline catering businesses, which became
stand-alone operations under Dixon, will be brought back under the
Qantas operations banner and overhead costs absorbed.
The changes are a direct result of an eight-month review of the business
that Mr Dixon put in place last July by appointing corporate advisers
Boston Consulting.
At the time, Mr Dixon told the airline's 37,000 staff that airlines were
facing their "greatest crisis in aviation history" because the price of
jet fuel had put carriers in unchartered territory.
In July last year, jet fuel was costing airlines $US180 a barrel,
causing Qantas to cut unnecessary spending because of an expected $US2
billion blowout in its 2008-09 fuel budget.
Fuel prices fell to $57.90 a barrel yesterday, but any benefits have
been lost because of falling demand due to belt-tightening by corporate
travellers and holidaymakers choosing to stay home rather than spend on
overseas holidays.
Qantas shares rose 2.5c to $1.72.
|
Excellent work. Now Qantas can rationalize its staffing levels by
sacking all the Fat Cats bludging off the system. I hope Qantas can
streamline its entire operation so they can offer more competitive
fares. Everytime the Airlines feel the pich they sack staff left, right
and centre. History repeating itself. |
|
| Back to top |
|
|
Greatest Mining Pioneer o
Guest
|
| Posted: Wed Mar 25, 2009 4:30 am Post subject: Re: Qantas to slash jobs GOOD PEOPLE MUST BE MAD TO FLY QANT |
|
|
On Mar 25, 1:31 am, kangarooistan <kangarooist...@gmail.com> wrote:
| Quote: | On Mar 24, 11:31 pm, Greatest Mining Pioneer of Australia of all Times
australia.mining-pion...@neuf.fr> wrote:
On Mar 24, 3:45 am, "Dr. Sir John Howard, AC, WSCMoF"
GOOD !
I would never have flown in such dirty, slimy, sticking & unsafe
flight in my life anyway !
No regards
Hi Sir Jean-Paul Turcaud
Australia Mining Pioneer
After all the filth and abuse the OP has posted online its no wonder
tourists are no longer visiting Australia
When Qantas read what the Sir john Howard criminal has been saying
online about Muslims and Asians for years perhaps then they will
discover why they are ALL about to lose ALL their jobs
No Asian and no Muslim will EVER use any Australian airline EVER again
Sir slimy little creep online troll has destroyed Australian tourism
with his ENDLESS racist threats abuse and terrorism
Only by arresting him can ANY Qantas jobs be saved
Sooner or later Qantas will need to demand he be attested or go on
losing business because of his crimes
google search groups " arselifter "
to see why 50,000 Aussie jobs are DOOMED
nothing can save Qantas until sir slimy little creep "sir john howard"
and all his socks are arrestedhttp://groups.google.com.au/groups/search?qt_s=1&q=arselifter
.
sadly , by the time Qantas wakes up , it will be too late to save
them from bankruptcy
Millions wasted on advertising while the slimy little creep destroyed
Australian tourist industry from his darkened bedroom
kanga
======
Yes of course, Mr Kanga. |
That criminal little Jackass of Sir Tart, as well as his mates, . has
been insulting me too days on end .. None ever praised, apart
yourself, the services I rendered to Australia at large for a full
generation indeed !
.... in fact all the praise, gratitude , social recognition for
putting 3 mines & a town on the map in the Great Sandy Desert were
granted to frauds,liars & criminals
For the right & most gallant Miining Prospector who tool all the
risks, only innuendos , contempt & insults
Certainly that on my part I would never recommend to fly Qantas nor
to visit that Hell on Earth, where greed, lying & thieving are the
honoured standards of the Land !
.... and 40 years standing is a definitive test & demonstration of the
above.
.... the MOST AMAZING THING IS THEIR ANTIPODEAN RETARDS ' ASTONISHMENT
AT WHAT IS RIGHTLY BEFALLING THEM FOR THEIR COLLECTIVE CRIMES
With kind regards to you, Mr Kanga
jpturcaud |
|
| Back to top |
|
|
Dr. Sir John Howard, AC,
Guest
|
| Posted: Wed Mar 25, 2009 5:09 am Post subject: Re: Qantas to slash jobs |
|
|
Qanset wrote:
| Quote: | Dr. Sir John Howard, AC, WSCMoF wrote:
http://www.news.com.au/business/story/0,27753,25233569-462,00.html
QANTAS will slash a third of its senior executives to save $24 million
a year as it seeks to offset a huge earnings slump caused by the worst
downturn in aviation history.
Between 60 and 80 managers will lose their jobs as the national
carrier pursues its year-long battle to contain costs.
Qantas (qan.ASX:Quote,News), like airlines worldwide, has been hit
hard by rocketing fuel costs and falling demand for high-yield first
and business class travel.
BusinessDaily reported last July that the economic situation
confronting the airline was so grim that even senior managers would be
included on a hit list of 1500 redundancies.
The new wave of redundancies, due to be announced within the next
week, involves second-tier managers who are paid between $200,000 and
$400,000 a year.
It is believed that rank-and-file workers, their numbers already
thinned by previous cuts, will be exempted from the latest cuts.
The most senior executives, on salary packages ranging from $600,000
to $2.6 million a year, are not affected.
Their roles have already been restructured by chief executive Alan Joyce.
He promoted Colin Storrie to the post of chief financial officer and
to the Qantas board. Lyell Strambi, a former Virgin Express executive,
was promoted to executive general manager operations; former Rudd
government adviser David Epstein became executive general manager
government and corporate affairs, and former Coca-Cola Amatil
executive John Scriven was appointed executive general manager, human
resources.
Bruce Buchanan, former deputy to Mr Joyce during his years running
Jetstar was promoted to CEO of the low-cost brand.
Those who have left or are leaving include former CFO Peter Gregg;
former head of industrial relations Kevin Brown; and head of
engineering David Cox, who resigned late last week.
The new austerity measures will see a major shift away from the
"business segmentation" policy the airline embarked on during former
CEO Geoff Dixon's reign.
Qantas' engineering and airline catering businesses, which became
stand-alone operations under Dixon, will be brought back under the
Qantas operations banner and overhead costs absorbed.
The changes are a direct result of an eight-month review of the
business that Mr Dixon put in place last July by appointing corporate
advisers Boston Consulting.
At the time, Mr Dixon told the airline's 37,000 staff that airlines
were facing their "greatest crisis in aviation history" because the
price of jet fuel had put carriers in unchartered territory.
In July last year, jet fuel was costing airlines $US180 a barrel,
causing Qantas to cut unnecessary spending because of an expected $US2
billion blowout in its 2008-09 fuel budget.
Fuel prices fell to $57.90 a barrel yesterday, but any benefits have
been lost because of falling demand due to belt-tightening by
corporate travellers and holidaymakers choosing to stay home rather
than spend on overseas holidays.
Qantas shares rose 2.5c to $1.72.
Excellent work. Now Qantas can rationalize its staffing levels by
sacking all the Fat Cats bludging off the system. I hope Qantas can
streamline its entire operation so they can offer more competitive
fares. Everytime the Airlines feel the pich they sack staff left, right
and centre. History repeating itself.
|
Yes, and send all their maintenance overseas to third world countries with low
standards.
--
http://www.youtube.com/watch?v=_ipvdBnU8F8
- KRudd at his finest.
"The Labour Party is corrupt beyond redemption!"
- Labour hasbeen Mark Latham in a moment of honest clarity.
"This is the recession we had to have!"
- Paul Keating explaining why he gave Australia another Labour recession.
"Silly old bugger!"
- Well known ACTU pisspot and sometime Labour prime minister Bob Hawke
responding to a pensioner who dared ask for more.
"By 1990, no child will live in poverty"
- Bob Hawke again, desperate to win another election.
"A billion trees ..."
- Borke, pissed as a newt again.
"Well may we say 'God save the Queen' because nothing will save the governor
general!"
- Egotistical shithead and pompous fuckwit E.G. Whitlam whining about his
appointee for Governor General John Kerr. |
|
| Back to top |
|
|
Rob
Guest
|
| Posted: Wed Mar 25, 2009 1:05 pm Post subject: Re: Qantas to slash jobs |
|
|
Qanset wrote:
| Quote: | Dr. Sir John Howard, AC, WSCMoF wrote:
Qanset wrote:
Yes, and send all their maintenance overseas to third world countries
with low standards.
Thats right. Sack all the fat cats and retain maintenance staff here in
Australia. They are the backbone of Qantas, Not the fat cats.
|
I'm not so sure of that (the LAME's being the backbone)there is a lot
more to an airline than that. How many are employed how many hang off
the tail of each aircraft.
So begs the question how many overseas maintenance facilities employ
unqualified LAME's? |
|
| Back to top |
|
|
Qanset
Guest
|
| Posted: Wed Mar 25, 2009 1:05 pm Post subject: Re: Qantas to slash jobs |
|
|
Dr. Sir John Howard, AC, WSCMoF wrote:
| Quote: | Qanset wrote:
Dr. Sir John Howard, AC, WSCMoF wrote:
http://www.news.com.au/business/story/0,27753,25233569-462,00.html
QANTAS will slash a third of its senior executives to save $24
million a year as it seeks to offset a huge earnings slump caused by
the worst downturn in aviation history.
Between 60 and 80 managers will lose their jobs as the national
carrier pursues its year-long battle to contain costs.
Qantas (qan.ASX:Quote,News), like airlines worldwide, has been hit
hard by rocketing fuel costs and falling demand for high-yield first
and business class travel.
BusinessDaily reported last July that the economic situation
confronting the airline was so grim that even senior managers would
be included on a hit list of 1500 redundancies.
The new wave of redundancies, due to be announced within the next
week, involves second-tier managers who are paid between $200,000 and
$400,000 a year.
It is believed that rank-and-file workers, their numbers already
thinned by previous cuts, will be exempted from the latest cuts.
The most senior executives, on salary packages ranging from $600,000
to $2.6 million a year, are not affected.
Their roles have already been restructured by chief executive Alan
Joyce.
He promoted Colin Storrie to the post of chief financial officer and
to the Qantas board. Lyell Strambi, a former Virgin Express
executive, was promoted to executive general manager operations;
former Rudd government adviser David Epstein became executive general
manager government and corporate affairs, and former Coca-Cola Amatil
executive John Scriven was appointed executive general manager, human
resources.
Bruce Buchanan, former deputy to Mr Joyce during his years running
Jetstar was promoted to CEO of the low-cost brand.
Those who have left or are leaving include former CFO Peter Gregg;
former head of industrial relations Kevin Brown; and head of
engineering David Cox, who resigned late last week.
The new austerity measures will see a major shift away from the
"business segmentation" policy the airline embarked on during former
CEO Geoff Dixon's reign.
Qantas' engineering and airline catering businesses, which became
stand-alone operations under Dixon, will be brought back under the
Qantas operations banner and overhead costs absorbed.
The changes are a direct result of an eight-month review of the
business that Mr Dixon put in place last July by appointing corporate
advisers Boston Consulting.
At the time, Mr Dixon told the airline's 37,000 staff that airlines
were facing their "greatest crisis in aviation history" because the
price of jet fuel had put carriers in unchartered territory.
In July last year, jet fuel was costing airlines $US180 a barrel,
causing Qantas to cut unnecessary spending because of an expected
$US2 billion blowout in its 2008-09 fuel budget.
Fuel prices fell to $57.90 a barrel yesterday, but any benefits have
been lost because of falling demand due to belt-tightening by
corporate travellers and holidaymakers choosing to stay home rather
than spend on overseas holidays.
Qantas shares rose 2.5c to $1.72.
Excellent work. Now Qantas can rationalize its staffing levels by
sacking all the Fat Cats bludging off the system. I hope Qantas can
streamline its entire operation so they can offer more competitive
fares. Everytime the Airlines feel the pich they sack staff left, right
and centre. History repeating itself.
Yes, and send all their maintenance overseas to third world countries
with low standards.
Thats right. Sack all the fat cats and retain maintenance staff here in |
Australia. They are the backbone of Qantas, Not the fat cats. |
|
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