QF paying the bills
"Speaking on the condition of anonymity, a senior Qantas official said the airline feared any full takeover would result in a breakup of the its different businesses, while any investor taking a partial stake may be a destabilising force as the airline tried to negotiate a difficult operating environment.
It emerged in 2011 a group led by former Qantas chief executive Geoff Dixon was looking at making a bid for the Australian flag carrier.
Mr Joyce on Tuesday said he believed the group's core businesses were worth more together than each individual component.
"Qantas as a whole I think is worth more than the sum of its parts because I think a lot of the businesses have an interaction together that is very important," he said."
Joyce wouldn't want them split......his poor JQ would fall on its face having to make its own way!