Who is Delusional?
"This is beyond delusional, to paraphrase this argument:
Qantas international is hugely profitable, and there is a queue of foreigners desperate to buy it, but they can't because of the Qantas Sale Act. So management want to shift it all offshore so then it isn't covered by the act and it can be sold.
In reality the part of Qantas that is attractive to any foreign airline would be the domestic business and frequent flyer, and it is kind of difficult to shift the domestic business offshore. "
This whole business about off shoring is about driving down wages and conditions.To justify offshoring mainline is shown to be unprofitable.But forensic accounting suggests otherwise since mainline as an entity is not defined in accounts.Further Jetstars costs are being apportioned to mainline pushing down profitabiltiy.
Air New Zealand suffers from the same competition and the same end of line status that beleaguers Qantas~they prosper why can't Qantas?