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Paul Murray from sky news is doing a regional tour and of course got a real scoop in toowoomba!

 

New long-haul flight set to fly into Wellcamp Airport soon

Tobi Loftus
2-3 minutes

 

Tobi Loftus

21st Feb 2019 7:30 AM

Subscriber only

 

A NEW Boeing 777 service could soon be operating from Toowoomba Wellcamp Airport.

Speaking on Sky News Australia last night Wellcamp Airport boss John Wagner teased the new flight.

"We can take 747s, A380s and soon to be 777s actually in the not too distant future," Mr Wagner told host Paul Murray.

"We see us being a national logistics and freight hub and that will just create more work for Toowoomba."

The Boeing 777 is a long-haul plane usually used for international flights from Australia.

When asked by The Chronicle what this service would entail, Mr Wagner remained tight-lipped.

It's believed the service won't be a passenger flight.

Toowoomba Wellcamp Airport is currently serviced by one international freight service a week, Cathay Pacific's flight to Hong Kong.

It is not believed the new service would be operated by Cathay Pacific as they only use the Boeing 777 passenger model.

In November Cathay Pacific Regional Head of Cargo SWP Nigel Chynoweth said their freight service had grown since its introduction in 2016.

 

"We have seen year-on-year tonnage growth out of Toowoomba Wellcamp, and while we are not planning to change the frequency of our service, we regularly review the performance of all our routes to ensure we are capturing the demand that exists in the market," Mr Chynoweth said.

"We are pleased with the freighter from Wellcamp. We uplift weekly shipments of perishables, including chilled meat, produce and dairy and also oversize shipments of mining equipment, aircraft engines and artwork."

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Who named the airport? Did anyone check to see who named it?

 

I'm not kidding. Go check and PM me. I'm surprised @fly_tornado let this one slip through, being the total fact hound this forum user has been in the past

Edited by mnewbery
  • Funny 1

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First equine cargo departs from Wellcamp

WELLCAMP Airport became the departure point for a large consignment of thoroughbred racehorses last week, a first for the facility.

Twenty-one horses, purchased through the Magic Millions Sales, arrived at Wellcamp a few hours before their departure last Monday. They were loaded onto the weekly Cathay Pacific Cargo service freighter bound for South Korea.

Equine International Airfreight was the company charged with the responsibility of preparation and handling.

 

 

"Moving horses from Australia is not uncommon, but it is uncommon to be moving horses directly out of Queensland to an overseas destination," Equine International Airfreight Managing Director Cameron Croucher said.

"We have been working on this for quite some time and we are delighted that Toowoomba Wellcamp Airport has been so supportive."

The horses were loaded into air stables that can comfortably fit three large horses in each container. During the flight they are monitored by experienced, professional flying grooms and provided feed and water.

 

finally found a niche

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That's some niche to find. Those high-flying, mega-buck racehorse owners would happily pay huge money to ship their prize steeds around the world. Once you're in with the global racehorse set, money is no object.

What next, I wonder? Shipping some of our top quality bush camels to Saudi Arabia, to boost their weakling, inbred racing camels?? :cheezy grin:

Ahh, hang on, they'd have to go via Emirates, wouldn't they? Well, there's another target market for Wellcamp - getting the Middle Eastern airlines to include the place in the ME carriers stopovers.

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On 2/14/2019 at 3:18 PM, fly_tornado said:

At the time the brisbane west wellcamp name did seem like CASA thought the whole thing was a bit of a laugh. It's a shame that so many people took it so seriously.

I don't think too many people even heard about it, or cared.

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1 hour ago, onetrack said:

That's some niche to find. Those high-flying, mega-buck racehorse owners would happily pay huge money to ship their prize steeds around the world. Once you're in with the global racehorse set, money is no object.

unfortunately it's a bit of drive for the melbourne cup 

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huge opportunity for @mnewbery to get back into the game

 

Qantas changes training provider for Toowoomba Pilot Academy

Tobi Loftus
2-3 minutes

 

Tobi Loftus

13th Mar 2019 5:00 AM

Subscriber only

 

QANTAS will no longer work with training provider L3 as part of its plan to build a pilot training academy at Wellcamp Airport.

A spokeswoman for the airline confirmed the decision this week.

"We expect to instead be working with another training provider and we will be in a position to announce this soon," she said.

"It has no impact on our plans to start training in mid-2019."

Architects are currently working on the final designs for the facilities, including hangars, classrooms and student accommodation. These plans are expected to be lodged with Toowoomba Regional Council soon.

The airline is also working on scholarships program for the academy, which will make a number of grants available to students who need it. There will also be a mentoring program with senior Qantas Group pilots for students.

Qantas Group Pilot Academy executive manager Wes Nobelius said everything was on track for the academy to accept its first students in the middle of this year.

"It's been a busy couple of months for the Pilot Academy team with detailed design work under way with the Wagners and the local community to bring together plans for our new Pilot Academy," Mr Nobelius said.

"Naturally, it takes time to have facilities designed, approved and built so to make sure we can start training as soon as possible, we're looking at temporary accommodation for the first intake of students in the mid-2019."

Toowoomba was announced as the location of the first of two much anticipated Qantas Pilot Academies in September last year. The second location has not been named.

Once it is fully operational the academy will have the capacity to train up to 250 pilots a year. The academy site will create ongoing employment for up to 160 people.

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Imagine chasing that $10M by spending more money on Wellcamp's 1 flight a week freight business

 

 

Wagners to submit business case for massive freight hub

Weather
2-3 minutes

 

18th Mar 2019 5:00 AM | Updated: 12:51 PM

Subscriber only

 

WAGNERS has been invited to submit a business case for a multimillion-dollar agricultural export distribution centre at Toowoomba Wellcamp Airport.

State Development Minister Cameron Dick said the State Government made an election commitment to provide up to $10 million from its $150 million Jobs and Regional Growth Fund for the project.

Wagner Corporation and Air Freight Handling Services in Cairns were the two companies selected to put together detailed business cases.

"The delivery of this election commitment will support the development and construction of an agricultural export distribution pilot centre in regional Queensland," Mr Dick said.

"Wagner Corporation will now start work on a business case for Toowoomba, after progressing through the expression of interest process, which attracted detailed proposals from across Queensland.

"An export distribution centre of this type is new for Queensland, and we are taking our time to get it right.

"A final decision on the outcome of the process and the location of the regional export distribution hub will be made later this year."

Mr Dick said a Regional Export Distribution Centre would help boost rapid airfreight access for Queensland agricultural producers.

"This type of facility has the potential to help our primary producers access key international markets, while supporting regional jobs and enhancing agricultural productivity," he said.

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44 minutes ago, fly_tornado said:

Imagine chasing that $10M by spending more money on Wellcamp's 1 flight a week freight business

 

 

Wagners to submit business case for massive freight hub

Weather
2-3 minutes

 

18th Mar 2019 5:00 AM | Updated: 12:51 PM

 

Subscriber only

 

WAGNERS has been invited to submit a business case for a multimillion-dollar agricultural export distribution centre at Toowoomba Wellcamp Airport.

State Development Minister Cameron Dick said the State Government made an election commitment to provide up to $10 million from its $150 million Jobs and Regional Growth Fund for the project.

Wagner Corporation and Air Freight Handling Services in Cairns were the two companies selected to put together detailed business cases.

"The delivery of this election commitment will support the development and construction of an agricultural export distribution pilot centre in regional Queensland," Mr Dick said.

"Wagner Corporation will now start work on a business case for Toowoomba, after progressing through the expression of interest process, which attracted detailed proposals from across Queensland.

"An export distribution centre of this type is new for Queensland, and we are taking our time to get it right.

"A final decision on the outcome of the process and the location of the regional export distribution hub will be made later this year."

Mr Dick said a Regional Export Distribution Centre would help boost rapid airfreight access for Queensland agricultural producers.

"This type of facility has the potential to help our primary producers access key international markets, while supporting regional jobs and enhancing agricultural productivity," he said.

911751779_WagnerInfrastructure.png.aaeb8ca4fdfed37f419ca162e3cb647d.png

This should be sufficient for current, and future, needs. 

 

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Cameron Dick and Milton Dick are ALP royalty in QLD, at one stage there was talk of Dick challenging Palaczszuk 

 

17 hours ago, APenNameAndThatA said:

911751779_WagnerInfrastructure.png.aaeb8ca4fdfed37f419ca162e3cb647d.png

This should be sufficient for current, and future, needs.  

 

we've just spent $1.6B building the Range bypass to allow faster road access to Brisbane for freight, throwing $10M of gov money at Wellcamp seems bit stupid.

 

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woh wagners are in big trouble, lost a $40M a year customer

Wagners’ stock crashed over 23% after the company suspended cement supply to Boral

 

The news sent the Wagners stock price to crash straight, carving out 23.853% from the stock value on 19 March 2019. This led the WGN to close at $2.490 with the price to earnings multiple of 35.540 x and a market capitalisation of $527.7 million.

The market sentiments were driven by the prospective financial impact of suspension which could wipe out approximately $20 million of the company’s revenue during the maximum suspension period of six months.

However, the suspension may be lifted on the dissolution of dispute subsequent to courts orders or resolution regarding the validity of the Pricing Notice. As of now, both the resolution and determination by the courts remain pending.

The report further confirmed that if the Pricing Notice gets proved not to be bona fide and therefore invalid, the company’s Fiscal 2019 revenue and earnings are expected not be impacted.

To win the trust of shareholders, Wagners stated that as per its belief the election it has taken under the CSA to suspend supply and to dispute the validity of the Pricing Notice is in the best long term interest of its shareholders. It is supported by the fact that if the Pricing Notice gets proved to be valid and accepted it might have long term impact on the company as well as on the entire the cement industry throughout Queensland and New South Wales.

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This is just typical corporate manoeuvring, jousting to get the best supply price deal. It happens every week in corporate Australia. Boral have just pulled out the Bunnings offer - "If you can get it elsewhere cheaper, we'll beat their price by 10%".

Adelaide Brighton Cement is facing similar pressure to reduce margins, because cement demand is falling somewhat, with the slowdown in housing and apartment construction. 

Wagners and Boral will simply front up to each other and joust in the finest corporate fashion, with Wagners simply saying, "Alright, let's go to the arbitrator, and you put your money where your mouth is" - i.e., show us that your lower cement price offer is genuine.

Cement production in Australia is pretty competitive now, it's not like it's a high-profit-margin industry, facing competition from cheap imports. Imported cement quantities are less than 200,000 tpa, a very low percentage of overall cement usage in Australia.

Wagners are only in a bind with cement pricing because of their own desire to become a dominant player in the industry. They own 3 cement plants now, and have plans for building 7 more.

In a period of economic slowdown, which we are definitely now facing, they'd be well-advised to shelve some of their cement production expansion plans until the construction industry shows signs of expanding again.

In overall terms, even if Boral do win, with a genuine lower cement price offer, the $20M loss to Wagners bottom line isn't anything more than a mozzie bite to their total operations and income.

The violent reaction in the share price fall is typical of stock market over-reaction. Sounds like someone made a heap of money buying Wagners shares at the 23% share price discount, two days ago.

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23% is a good short, you could argue that the excess cement coming onto the market due to the downturn in the building industry is going to drive out high cost producers like Wagners.

Edited by fly_tornado

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Quite right one track,  there is a bit of maneuvering being done here, firstly there is a slump in the building industry and as Boral have four of their own cement plants down south.. they would feeling the pressure and have gone to Wagners and tried a lower price adjustment which Wagners would then have told them to tell their story walking. With the end of Wagners concrete plant participation exclusion now ended. Wagners will be able to participate in the ready mixed concrete market again and with 9 brand new concrete plants being constructed in SEQ, this industry will have a little bit of a shake up.. I would say the shares that were dropped into the market causing the share price hiccup would be as a result of  a few factors within this scope and what a great time to do this.. bottom line is, there won't be any negative affect on Wagner operations, and the share prices will recover.  

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5 minutes ago, M61A1 said:

Do these journos mean "concrete" when they say "cement"?

A bit like saying mince meat when they mean spaghetti bog...

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1 minute ago, Old Koreelah said:

A bit like saying mince meat when they mean spaghetti bog...

The two things are very different (cement and concrete). Generally here we have two types of concrete, Bituminous Concrete and Cementious Concrete. Bituminous Concrete or Asphalt seems to just get called "bitumen" while Cementious Concrete gets called "cement". The cement and bitumen are just binders.

While Boral has a cement plant, which is a very large mill to combine and pulverize the components, they also have many Concrete plants which are entirely different. I'm fairly sure that Wagners don't have a cement plant, but many concrete plants and quarries.

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Wagners prospectus stated that "Wagners is the largest independently-owned cement manufacturer and supplier in SE QLD., supplying approximately one-third of the markets cement requirements". (1.1. Introduction)

 

By this, I presume they are referring to the QLD or East Coast cement market.

 

https://www.asx.com.au/asxpdf/20171208/pdf/43q0b0sb8d4sfn.pdf

 

 

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1 hour ago, onetrack said:

largest independently-owned cement manufacturer

the qualifier here is "independently-owned" regardless $40M a year drop in sales is not a small amount of sales. its close to 10% of their annual turnover

Edited by fly_tornado

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3 hours ago, Russ said:

wagners have a HUGE cement plant pinkenba, brisbane. Right opposite boral usg. 

Thanks. I wasn't aware of that one. That clears that up for me.

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