This is all going to end in tears.
By the way, are you aware that QF have just sold its spares inventory to an outsourcer?
The concept of the "virtual company" where everything is outsourced, sounds good on paper. All the Board does is sit in its boardroom and sip champagne. The aircraft are outsourced to an "aircraft provider" the crews to a "crew provider", marketing to an advertising agency,............you get my drift.
The trouble with this idea is that each time you outsource something you lose a little chunk of value added. Taking the outsourcing case to the extreme - where your virtual company has no employees - just owners and a Board, the question has to be asked, what value are you adding to the business? And the answer is actually zero.
In addition, unless the market into which you are outsourcing is highly competitive, you risk being royally screwed at a later date. then of course their is the possibility of your business being disrupted through supply chain failure.
If Qantas continues to outsource, there is no reason to protect it anymore as an Australian Icon or strategic asset. In fact our strategic interests, as well as the public interest, would be better served by an open skies policy to maximise the supply of airtravel opportunities as well as consumer choice.
To put it another way, being tied to Qantas the "outsourced" airline, the Australian public can be held to ransom by Chinese suppliers.