You fail to understand the true value of Qantas' ownership of Jetstar and the size of its operation in Australia.
Enlighten us, not with qualitative 'opinion' give us
quantitative empirical evidence of the 'value of JQ'
Qantas do not need a new fleet is correct with one important caveat: They desire to allow the business to wither and eventually collapse cease. It would seem that this is the 'theme of your posts' and is interesting from a European perspective that other airlines used a similar implied threat last time round. Nothing new under the Sun! 'We can kill this airline off if you pesky employees don't sign'.
Practically speaking , ignoring the execution risk, the Qantas business is worth more than the
segmented parts. Case in point the
International network feeds the domestic and indeed is the reason for the "Frequent Flyer' business. Without an international network to 'redeem points' into it is not much more than a marketing database. Ask Macquarie what their valuation was without an International flying business. Airlines around the world understand this, analysts understand this, so please enlighten us how Qantas not getting a fleet with rising fuel prices is sound business acumen? We are not quite sure they would be able to claim the business is 'de-transformed' again, when they personally proclaimed its
transformation less than three years ago, receiving huge option driven bonuses for proclaiming so.
So if this bunch are actually running an airline, it is elementary that strategic decisions are now well overdue: Qantas need a new fleet