'Qantas wil be dead in 6 mon':Ctr for Asia-Pacific Aviation

last SG · 2009-04-16T16:35:11+00:00

Should be moved to the Global Civil Aviation Forum.Reason for big loss is becoz there is a huge sudden drop in demand for First and Biz class pax(the main re...

lionnoisy SG

sources--

http://www.qantas.com.au/infodetail/about/investors/preliminaryFinalReport08.pdf

HiAy3Captain SG

angel7030 SG

The Down Under War of the Airlines continues. Virgin Australia and Delta Airlines have announced an interline partnership that will enable travelers to "travel on a single ticket on the two airlines between Australia and the US." What we think this means (and correct us if we're wrong) is that you can fly Virgin from Oz to Los Angeles and then hop on a Delta flight from LA to anywhere else in the US. You get one ticket and your luggage is checked all the way through to your final destination.

The Down Under War has well and truly started. We're talking the war on flights from the United States down to Australia, a market that's got boiling hot since V Australia threw its hat in the ring. And Delta is just a few months away from starting their own cheap flights to Sydney.

Likely-to-lose airline Qantas, which has happily served these routes at regular prices for decades, has really thrown down the gauntlet this week.

They're now offering $299 one-way flights between Los Angeles and various Australian and New Zealand destinations, and with taxes that means you can get a return flight for as low as $676 with nearly all departure dates through to October 24 eligible for the special--if you book by March 20.

For these prices, we'd be going back to Qantas--after all. Actually, VAustralia not only offers free in-flight entertainment, but during the inaugural, movies were free. Yup, we watched Slumdog Millionaire for free. Furthermore, VA is offering a bunch of Australian wines. So who will win us over in the end? We'd be tempted by anyone offering sub-$500 round-trips from the US to Oz.

Qantas is not only getting the heat from an international point of view, but even local domestic competition is going to kill them if they still dunno who moved their cheese? Well, goodbye Qantas.

lionnoisy SG

http://www.qantas.com.au/regions/dyn/au/publicaffairs/details?ArticleID=2009/apr09/3908

Qantas needs to contribute A$66 m in the 3 next years to Employee Superannual,

like SG CPF!!

lionnoisy SG

http://www.qantas.com.au/info/about/investors/dividendHistory

investors info

Fryderyk HPH SG

Likely-to-lose airline Qantas, which has happily served these routes at regular prices for decades, has really thrown down the gauntlet this week.

Qantas is not only getting the heat from an international point of view, but even local domestic competition is going to kill them if they still dunno who moved their cheese? Well, goodbye Qantas.

IMHO what Delta and V Australia is doing is a JV, and profit sharing. Qantas will feel the pain. Big time.

wilhelm SG

Interestingly, Qantas had a return on equity of 16.9% for FY2008, while SIA had 13.6%.

It's more profitable to run your company on debt rather than equity. Seriously....

Fryderyk HPH SG

Interestingly, Qantas had a return on equity of 16.9% for FY2008, while SIA had 13.6%.

It's more profitable to run your company on debt rather than equity. Seriously....

But you must understand. SQ is the biggest airline in the world based on market value. Its brand name is second to none. Qantas' brand name? With their puke eww green seats in economy even on their new A380 designed by "local and original Aussies", even Aussies prefer flying SQ/Thai to Asia rather than their national airline. This is even more so for those pax flying up front(aka Biz and First class pax). SQ's inflight product is way better than theirs. Period. They can't beat SQ in any way. Unless you consider the local Aussie culture being a plus point. I don't.

wilhelm SG

Debt and no debt companies.

Which one does lionnoisy prefer?

No Debt:

Equity: $100,000 (100 shares)

Debt: $0

EBITA: $10,000

Less interest: $0

Net Income: $10,000

Taxes @ 20%: ($2,000)

Profit for the year: $8,000

EPS: $8,000 / 100 shares = $80

Debt:

Equity: $50,000 (50 shares)

Debt: $50,000 (Interest @ 7%)

EBITA: $10,000

Less interest: ($3,500)

Net income: $6,500

Taxes @ 20%: ($1,300)

Profit for the year: $5,200

EPS: $5,200 / 50 shares = $104

**I am not a finance or accounting student, so please forgive my terminology.

angel7030 SG

Interestingly, Qantas had a return on equity of 16.9% for FY2008, while SIA had 13.6%.

It's more profitable to run your company on debt rather than equity. Seriously....

Worldlybusinessman SG

Australia will still continue to thrive whether Qantas fails or not.. Go to hell Lionoisy. Their whole continent is rich in natural resources and they can feed their people with just selling grapes, crops, gold mining ect.

They dont need qantas. Australia will still go on.

HiAy3Captain SG

Fryderyk HPH SG

They dont need qantas. Australia will still go on.

Yup. But as long Auz continues its protectionist policy towards Qantas, and if Qantas gets to the point of no return(e.g Alitalia of Italy and Sabena of Brussels), their entire Auz to Europe traffic would be screwed. And that is the major traffic flow. In any economy without a good transportation mode, the economy wouldn't do well.

lionnoisy SG

They dont need qantas. Australia will still go on.

Qantas dare not to say anything on this 6 months to die article!!

http://www.qantas.com.au/regions/dyn/au/publicaffairs/introduction?ArticleID=paf_curr_intro

2.are u sure oz is resourceful any more?

i read in last one or two year that eevry few days,there is one farmer in oz

kill himself.I read in this National Geo article that a wife have to check her husband

every few hours to make sure he does not do the stupid thing.

Now i believe the article......

Rice production drops from 1,000,000 tons to abt 25,000 yes 25,000

tons or twenty five thousand tons!!curerent oz generations have to pay the prices for

their forefathers cutting down 1.5 billions of trees!!

http://www.anra.gov.au/topics/publications/final-report/land.html

http://ngm.typepad.com/blog_central/2009/03/australian-drought-takes-its-toll.html

''When I read Robert Draper’s “Australia’s Dry Run” and look at Amy Toensing’s photographs in this month’s issue, I’m reminded of that day three decades ago when I was young and didn’t understand the potential consequences of bulldozers.''

Samantha (at left) and Natalie Turner sweep sludge from a trough on their family’s drought-stricken farm in New South Wales, Australia.''

http://ngm.nationalgeographic.com/2009/04/murray-darling/toensing-photography

''"It hurts," says Frank Eddy, to destroy his own healthy peach trees, but the drought and reduced allocations have forced him to cull thousands of older trees on his orchards near Shepparton, Victoria.''

''Stressed farmers in the rice-growing town of Coleambally meet to discuss slashed water allocations, which caused a 98 percent drop in rice production from 2006 to 2008. "The meeting was a bit scary," says 74-year-old Frank Whelan (at center), who didn't plant a crop for the first time in more than 50 years.''

lionnoisy SG

oz tourism industry complaint that oz monopoly the oz--USA route

hurting oz tourism......

Fryderyk HPH SG

oz tourism industry complaint that oz monopoly the oz--USA route

hurting oz tourism......

Pretty ironic, what the OZ government is doing...

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