All Topics / General Property / Good news for Geelong investors

Viewing 10 posts - 1 through 10 (of 10 total)
  • Profile photo of westanwestan
    Member
    @westan
    Join Date: 2002
    Post Count: 1,950

    finally it looks like Avalon will begin the development as a 2nd airport for Melbourne. this should be a huge bonus for the Gellong area.

    http://www.theage.com.au/articles/2004/02/24/1077594827461.html

    bye westan

    I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to [email protected]

    Profile photo of MalachiiMalachii
    Participant
    @malachii
    Join Date: 2003
    Post Count: 36

    Kendell tried to operate out of Avalon for quite a while and couldn’t manage to fill a Beech 1900. Not sure how much luck Jetstar will have filling an A320. Sure you will get people from Geelong and the coast but how many people will travel to Avalon to catch a flight from the rest of Melbourne/Victoria? The big advantage I see at the moment is free parking – but will that last? The other thing is it is possibly a political thing with the unions as Qantas/Jetstar management have assured Qantas workers that Jetstar wont compete with the mainline (Qantas) trunk routes (ie Syd-Mel). Now they can offer Avalon-Syd. Dont know but it will be interesting to see further announcements today and in the near future.

    PS. I should add that I actually work for Qantas in the flying section.

    Profile photo of yackyack
    Member
    @yack
    Join Date: 2003
    Post Count: 1,206

    Malachii

    I tend to agree. I dont really think long term Avalon will succeed. I would have thought that there was still plenty of room for Tullamarine to expand.

    The free parking is maybe the only thing that appeals to me. We live in aspendale and Avalon and Tullamarine are similar distances.

    I also have my doubts that jetstar will last in the long term.

    Profile photo of woodsmanwoodsman
    Member
    @woodsman
    Join Date: 2004
    Post Count: 714

    There was a test done this morning on the radio in Melbourne about the time and cost difference coming from South Melbourne to the respective airports.

    I think Tullamarine took 29 minutes and cost $46 whilst Avalon took 46 minutes and cost $74.

    James

    Profile photo of RodCRodC
    Member
    @rodc
    Join Date: 2002
    Post Count: 335

    It’ll be interesting to see how successful the Avalon flights are. Hazelton tried some flights from there about 3-4 years ago without much success. It might be a bit better now that the Geelong road is finished, and with a fast train to Geelong/Lara on the way.

    Rod.

    Profile photo of woodsmanwoodsman
    Member
    @woodsman
    Join Date: 2004
    Post Count: 714

    Our perceptions of distance change over time anyway. 20 years ago, places like Cranbourne, Carloine Springs even Bundoora were seen as far outposts of Melbourne. As long as the business case is their for Jetstar to exist and run profitbaly, then in 5-10 years, Avalon is not going to be that ‘out of the way’.

    Rod makes a good point that transport infrastructure will help this perception/reality.

    James

    Profile photo of melbearmelbear
    Member
    @melbear
    Join Date: 2003
    Post Count: 2,429

    Malachii, I know a guy who works for Qantas also. He mentions that the Qantas staff refer to Jetstar as ‘Porn Star’, and that the expectation is that Jet Star will in fact become the ‘domestic’ airline, and Qantas will be an ‘international’ only carrier. He says many of his co workers expect to be out of jobs because of this change…..

    Cheers
    Mel

    Profile photo of MalachiiMalachii
    Participant
    @malachii
    Join Date: 2003
    Post Count: 36

    Melbear

    You know – it’s funny – I was in a meeting with senior management when the announcement was made about the name and within 30 seconds it had been changed to(“christened”???) pornstar and it seems to have stuck – maybe we should have passed it on to marketing.

    In regards to it becoming the “domestic” operation this rumour has been going around for a while – prommulgated by the unions!! I don’t know – I work with a number of guys who have been involved in the planning/running of low cost airlines in Europe and they seem to think that we can run both. There will always be people who just want the bare bones and others who would rather pay a bit extra for the convenience/service etc. Having said that I think the future growth (domestically) of Qantas will be thru Jetstar and yes – I would say that some jobs are in danger no matter what management is currently saying. But I also think that it wont be mass sackings or anything – more like natural attrition. But having working in aviation since turning 16 the one thing I have learnt is that tommorow the whole world will change. It wouldn’t be the first time I’ve turned up to work to find the company I worked for yesterday had simply disappeared, never to be heard of again. Not saying Qantas is going to do that but it only takes another Sep 11 type thing and who knows!!!

    Profile photo of diamonddaynediamonddayne
    Member
    @diamonddayne
    Join Date: 2004
    Post Count: 13

    I look at it this way:
    wouldn’t an Avalon base be more attractive to those living in the Western Suburbs? – low income earners = low flights.
    So areas such as Geelong, Footscray, Hoppers Crossing, Werribee would prosper.

    Profile photo of diamonddaynediamonddayne
    Member
    @diamonddayne
    Join Date: 2004
    Post Count: 13

    I look at it this way:
    wouldn’t an Avalon base be more attractive to those living in the Western Suburbs? – low income earners = low flights.
    So areas such as Geelong, Footscray, Hoppers Crossing, Werribee would prosper.

Viewing 10 posts - 1 through 10 (of 10 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.