Comment: When Alan Joyce announces he wants to review the airline’s property leases what he is really attempting to do is generate an auction between the states for who gets to house Qantas’s head office | Elizabeth Knight
Qantas boss Alan Joyce doesn’t bluff nor does he bring a knife to a gunfight. So make no mistake, when Joyce announces he wants to review the airline’s property leases what he is really attempting to do is generate an auction between the states for who gets to house Qantas’s head office.And it’s not just about the head office. There are myriad Qantas facilities up for grabs, such as training and maintenance facilities as well as the Jetstar headquarters.
Emboldened by Virgin’s success at pitting state governments against each other, Qantas dipped its toe in the pond a few months ago and approached the NSW government for some assistance/incentive to help pay for a new flight training simulator in Mascot - the plans for which had already been drawn up and approved .This time around Joyce brought a much bigger weapon - its head office.
Around 5000 people are employed at Qantas’ head office in Mascot and another 1000 at Jetstar’s base in Melbourne’s Collingwood.But even with the government incentives, Joyce needs to find other creative ways to lower Qantas’ cost base. Virgin did this while under administration. It negotiated aircraft leases, property rental, shed staff permanently and of much more significance, it recast its enterprise bargaining agreements.
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