Baron,
I'm not sure what the argument is here? Kill Jetstar and hope QF domestic is able to pick up the pax? Not convinced its going to work.
If you take a look at the relative prices of the two, often there is very little to separate the two airlines. Often QF is cheaper on the same route at the same time!. So I imagine killing jetstar would cause people to go to QF, as it is often just as cheap.
On another note, can someone explain to me how Qantas FF makes a profit? Correct me if I'm wrong but isn't a FF scheme...passnger takes a flight..gets some points....uses them later to buy another flight. Where's the profit? Surely it's a liability?