I rarely find myself agreeing with Captain Kremin but I do so wholeheartedly now.
Qantas is a strong company, excellent routes, strong balance sheet, good board and new management team, excellent order book, great brand and complimentary subsidiaries. Add to that robust unions, entrenched experience base and an extraordinarily strong domestic market position.
Talking Qantas prospects down is mean-spirited and in any case non-productive. Ansett and all the other carriers that died along the way over the last 25 years, typically died from lack of all or most of the above attributes. In their last years they were carcasses on life support. Absolutely nothing like Qantas.
Qantas is simply a major company, not perfect but coping well in tough times and with a higher than normal focus on operational issues that for now obscures a clear view of an excellent overall performance.
End of story.