Home Brew...
Not sure about the QF recruiting aspect (tho' you're probably correct) but on the market share analysis I think you're dead right. Porkies are being told and sensible QF/AIPA people should spend a lot of time watching this. Though there's not much they can do I guess. The Jetstar pilots will be all willing volunteers and if they're smart, will increase their level of union membership. Maybe there's still time for AIP leadership do undo the miseries directly caused by their many years of "it can't happen to us" and finally join the AFAP in rebuilding a single Australian pilot union.
The facts are that QF/Jetstar currently has say 65% of the domestic market. Mr. Dixon is really talking about how, and on what cost base, that flying will be re-allocated within the group over coming years.
The battle lines are clearly drawn.