TIMA9X "Qantas could counter the attack with simple all inclusive value for money fare structures that may see off the LCC model".....
That won't work with the current cost base. For QF to survive, or even thrive, it needs to reduce its management numbers, and get much greater efficiencies from its crews.
To compete at all with LCC's you need a drastically lower cost base. Just slagging off the CEO won't keep the QF group as a whole out of the red.