Surely it would make sense that Jetconnect will be closed down as the 737's are looking a little frayed around the edges. Bring in some nice new shiney A320's, migrate the Jetconnect crew over to the Jetstar brand and just have the one Qantas brand flying in New Zealand. In reply to the above, I doubt the profit of a competitor is not a concern when looking to start new routes, it may be that 3 airlines flying the main trunk routes is too much, Qantas will just be hoping it will squeeze Pacific Blue out.