B772, Thats eactly the issue QFi has.
EK with a government owned airport that bends over backwards to build new facilities and has built a massive efficient hub operation.
Competing against QF, EK takes traffic from
PER/MEL/SYD/BNE to Dubai then onto those six UK airports plus plenty of other Euro destinations
But it does this by also mixing pax traffic from
AKL/CHC (via Aussie ports)
but more importantly
KUL, SIN, BKK, PEK, ICN, NRT, HKG, MNL, CGK, HCM, CMB and 10+ Indian cities
The hub is the killer, particularly with all the traffic coming from Northern Asian regions... There is just not the demand just out of Australia, so QF has slowly been losing everyone going to other destinations (eg MAN)
RedQ may have helped this situation but DXB is just so well situated for the current range of aircraft.
Even if RedQ had started it still wouldnt get traffic from India, Sri Lanka, Pakistan as they would be flying backwards, but could at least have hubbed traffic from Singapore, Malaysia, Indonesia, Phillipines.