Waaver8 - laughable again. Keep posting; your rhetoric is breathtaking. Don't know GB; sounds like he's quite a guy. So was the captain of the Titanic from what I have read.
Setting aside discussions of how they got to where they are today, the point remains that it is an ill-conceived and structured venture. The punters might not care about how much fuel the engine's are burning, but they will care about reliability. They will care about a limited schedule. They will care about no network, they will care about no lounges, etc etc etc. Given their only offering MEL-SYD at this stage and then..what is it next, er...MEL-ADL, then they are basically asking QF corporates to give up the QF discounts for the sake of one route; so, they pay more on all other routes. Makes a lot of sense, eh?
They will also care about the fact that these are old aircraft. They look old - they've so much "steel plating" riveted over damaged and tired areas that they look like battleships. The cabin will look good for a little while, but in an ageing airframe it wont be long before things sag...then it will be just tired old rubbish. Then we will see the mutton currently dressed up as lamb.
And you can have all of the professionalism in the world, but if the model wont work it wont work.
Oh, and by the way..administrators, or liquidators, couldn't give a sh*t about promises made by chief pilots. If its a bonded asset, which is in essence a financial obligation, then they'll go after it.
Suggest you take off the rose coloured spectacles mate - you can't see the wood for the trees, or, more pointedly, the sh*t from the shinola.
Seriously though, are there really pilots in Australia flying jets on high-capacity RPT operations earning less than OZJet??