New Qantas owners promise business as usual

Monday, 15 Dec, 2006 0

With nervousness not only within Qantas, but also at union and industry level, Qantas’ new owners insist it will be business as usual at the airline, ruling out a break-up of the national carrier and pledging to retain regional services while pursuing growth.

Deputy Chairman of APA Bob Mansfield , said yesterday in the press conference held yesterday to make the announcement that they could assure moving maintenance work offshore was not part of the growth plans.

He added, “The Qantas management growth strategy that we support does not involve a break-up of the airline, does not involve cuts to regional services and it does not involve moving maintenance operations offshore”.

“We will not be doing anything that undermines the growth potential of this great airline.”

CEO Geoff Dixon said it was “business as usual”, with the airline pushing ahead with plans to buy 70 new aircraft worth more than $10billion with Jetstar also still be a key part in the airline’s growth strategy.

Mr Mansfield added, “Our commitment is absolutely to help Qantas grow and we back completely the current Qantas management team under Geoff Dixon and his plans for the company.”

Mr Dixon said that passengers would notice no difference adding, “It should be absolutely seamless for passengers and I am quite sure it will be.

When questioned about the price paid by APA Mr Dixon said shareholders had not paid above the odds but had bought a well-run, well-organised, incredibly operationally safe and reliable airline, which had been undervalued for a long time.

He added, “We expect to grow further through further investment, so there’s no reason to think this is going to be any great revolution,” adding that there were no plans to accelerate the airline’s $3billion cost-cutting program.

Report by The Mole



 

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John Alwyn-Jones



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