All the guys claims are incorrect
1. Only 12 aircraft
2. Never fly internationally
3. All to upgrade in 5 years
The letter just says "expect" & based on the first 7 years of the century it is likely a reasonable call. QF don't run or control the US banking system & loan markets
& they didn't know it was about to collapse, in a lot of countries 25% plus of pilots hit the street. Remember age 65 had just come in & management didn't know how
that would impact. At least half of the guys stayed the full extra five years. & some beyond that , went to 737 & became unwell
Massive impact on upgrade
People claiming it was said "international doesn't fit low cost" might have been , probably just management being candid with you. LCC up to that point was primarily domestic
, nobody had really made medium range low cost work. The point is that it was not said that JQ would "never" fly internationally or would "never" exceed 12 airframes
Obviously been repeated so often that many actually believe it
Great Yarns , but that is all they are