why do Australians always want to blame some third party eg banks, CASA, etc for the short comings of a commercial enterprise that failed?
The Soviet system that nothing failed because it was government owned and controlled failed too....
AA was a failed model from the start. Might have stood a chance sticking to FIFO charters but RPT is a different kettle of fish. You cannot sell $10 tickets for $9 and stay in business. Loads are nothing if the yield isn't there.