RyanairGuru wrote:vhtje wrote:RyanairGuru wrote:Alan Joyce has made it clear that the domestic fleet renewal is an entirely separate project and that the two aren't linked in any way (from Qantas' perspective).
I wouldn't be at all surprised if that was the current hold up: Airbus/Boeing are prepared to sharpen their pencil on this marquee order in return for 100 neo/MAX and 30 of whatever they're pitching to replace the A330s. Qantas are saying we'll take the revised pricing on the PS aircraft but won't commit to the others. The OEMs are saying it's a package deal, take it or leave it. Just my speculation of course.
Well, of course AJ would say that publicly because he is trying to put pressure on each manufacturer.
But he would be a very poor negotiator (let alone CEO) if he didn’t use the domestic fleet renewal to wrangle a better Sunrise deal, and, of course, vice versa.
His public statement of “the two are not linked” simply doesn’t past the smell test.
Of course, if QF end up its B777s for long-haul and A320s for domestic duty (or A350s long-haul /B737-8s domestically) then we can conclude QF overplayed their hand at the negotiation tables. But I bet QF do not (they are far too savvy for that) and that the orders are, indeed, linked in the end.
Unless you are accusing Alan Joyce of deliberately miselading the ASX I suggest you retract your statement. Qantas have made it very clear, on multiple occasions, that they have not even begun the process of considering the domestic fleet replacement, a project they intend to start in 2020.
Of course I should know better than to allow reality to get in the way of an Anet conspiracy theory.
Oh, don’t be absurd. ASX rules around publicly traded companies are designed primarily to protect investors. That does not mean ASX rules behove companies to fully disclose details of confidential and ongoing negotiations in public statements. Ever heard of ‘commercial-in-confidence’?. If asked a question directly by a journalist regarding a deal that is currently in the negotiation stage, a company, in reply, will obviously move to protect its sensitive position. Non-disclosure to journalists of sensitive commercial information doesn’t put a company foul of ASX reporting rules, unless by doing so they are found by a court to be attempting to manipulate the share price. There is no suggestion in this instance this is the case.