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Old May 21, 12, 6:39 pm   #1
 
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Qantas Airways splits in two

From http://news.smh.com.au/breaking-news...522-1z25d.html :

Quote:
Qantas Airways is splitting its international and domestic operations into two separate businesses from July.

Each of the two businesses will have its own chief executive, and will report its financial results separately, Qantas said on Tuesday.

...
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Old May 21, 12, 6:48 pm   #2
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Originally Posted by docbert View Post
FML
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Old May 21, 12, 7:23 pm   #3
 
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Quote:
Originally Posted by uxb View Post
FML
haha!

How old are you may I ask? I believe you are the first one to use "FML" in FT!

/AE
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Old May 21, 12, 7:26 pm   #4
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Originally Posted by angeloedades View Post
haha!

How old are you may I ask? I believe you are the first one to use "FML" in FT!

/AE
Doubt it. Almost 30.
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Old May 21, 12, 7:29 pm   #5
 
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Quote:
Originally Posted by angeloedades View Post
I believe you are the first one to use "FML" in FT!
God no.

Google "fml" site:flyertalk.com and you'll find references years old.
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Old May 21, 12, 7:31 pm   #6
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Quote:
Originally Posted by mreed911 View Post
God no.

Google "fml" site:flyertalk.com and you'll find references years old.
I'm merely the first one to use it in this thread.
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Old May 21, 12, 7:36 pm   #7
 
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Does this mean that the clever and respected current CEO of QF is going away?


Oh, look! Flying pigs...
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Old May 21, 12, 7:38 pm   #8
 
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Does that mean that QFI won't be propping up JQ anymore?

Maybe this comes out of some of the comments made in the senate when debating the Qantas Sale Act Ammendment bill.
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Old May 21, 12, 8:00 pm   #9
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The name of the new CEO of JQ will take some getting used to.
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Old May 21, 12, 8:11 pm   #10
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Quote:
Originally Posted by uxb View Post
FML
Are we allowed to say this on FT?
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Old May 21, 12, 8:14 pm   #11
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I don't really get this move. Apart from giving more transparency to see how much QF International is losing, doesn't this increase inefficiencies in terms of duplication of costs? Or are they pretty much run separately anyway?

Is the reason for this to show to the unions how much International is losing and use it as a stick to show how dire their situation is and force them to make concessions?
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Old May 21, 12, 8:29 pm   #12
 
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Splitting dom & intl is some what similar to what Virgin have done
From www.asx.com.au VAH
http://www.asx.com.au/asx/research/c...de&asxCode=vah
http://www.asx.com.au/asxpdf/2012031...9rvwd4jpg1.pdf
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Old May 21, 12, 8:58 pm   #13
 
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In 5 years they will announce a merger...corporate world is so boring.
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Old May 21, 12, 10:27 pm   #14
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Quote:
Originally Posted by Cedar Jet View Post
In 5 years they will announce a merger...corporate world is so boring.
Back to the 70s when it was TAA / Australian Airlines as domestic and QANTAS as international.
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Old May 21, 12, 11:06 pm   #15
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Quote:
Originally Posted by og View Post
Back to the 70s when it was TAA / Australian Airlines as domestic and QANTAS as international.
And most of QF has always run separately short and long haul. Cabin crew don't interchange at all, most of the pilots don't, maintenance done separately, even some of the soft service amenities are different when they could be the same. So the only significance of this change is to executive pay and to financial transparency. It does nothing to fix the reasons that QF is not competitive with other airlines, or only flies to 1.5 cities in Europe
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