Joyce Shoots Himself In Foot
No link, saw and heard a minute ago on ABC1 interview with Alan Joyce. Joyce specifically said : he is going to set up airline in Asia to capitalise on Asian markets. he is going to use Qantas expertise as his competitive advantage, and he will repatriate the profits from this to Australian shareholders.
I can state categorically that this is shear lunacy.
Qantas has no "expertise" that translates to competitive advantage in Asia.
Qantas will not be allowed by Asian Governments to repatriate profits to Australia for the benefit of Australian shareholders.
This is terminal stupidity.