You're right JJ, Impulse didn't go broke. But they'd never have been handed over to Qantas if they'd been making money and paying the bills. And if it weren't for Qantas, would they still be flying? Or course not.. .. .Qantas picking up Impulse was an opportunist action which they are apparently regretting. Who knows why'd they'd reduce the fleet. This is a rumour network after all.