To successfully spin off a low cost carrier (Jetstar) was a masterstroke,
No, unfortunately they have not "spun" off anything. J*Asia is bleeding Qantas for millions every month. J*domestic is underpinned by Q domestic and could not survive on it's own. J* Int. is still an unknown, but will do little other be used to drive down wages and conditions and line the pockets of management in bonus payments. Then probably morphed back to into Q as AO was. All part of the "Howard" workplace legislation. This whole J* crap is basically the overrated ego adventure of an angry, unhappy, tragic personality. He will do anything to ensure the success of his J* manifested ego, without regard to the destruction of Qantas Mainline. Nothing to do with masterstrokes, viability or survival of the Qantas brand or product.
Yes, costs and efficiencies had to be improved, but if our talented Management had invested the billions of $ and energy wasted on J* into upgrading and improving Qantas Mainline, in my opinion, we would be making just as much profit if not more. There would be ongoing carreer progression in flight and cabin crew, plus improved training and maintained quality in engineering. The whole scenario is short term, cheapening the product, missleading shareholders, smoke & mirrors accounting and quick bonus driven greed by our talented management. James Strong sold all the assets, now Dixon is selling our most valuable asset left, all the loyal employees. Thank you.