Defcon4's comment is on the money. There is nothing for the Qantas shareholder in any of these deals.
There is everything for the Board and Management because:
1. On the surface, these ventures look attractive "Huge Asian Markets" etc.
2. The Board and management are going to "look very busy" implementing this strategy. There will be lots of important trips and meetings...and photo opportunities. I once had a group general manager colleague who excelled at this, his presentations were impeccable, his meetings and organisation charts were superb, but...
3. There is a need to generate a financial return in cash to Qantas shareholders from all this activity. That is the presentation slide I would want to see.....But I guess I'm old fashioned - show me the money.