QF has been failing for a lot longer the current management has been there. The eye was not on the ball while the Texan group was trying to maximise profits, not for the airline but for themselves. They, the Texas group is gone now, there is no cheap credit out there.
I use it a lot as a passenger, sorry, but it is not much chop, it's nice because it's Ozzie but that is it.
If QF mainline still exists in 5 years, I would be surprised.