How about the alleged losses incurred by International (an unreported business segment in any public published accounts), and then the "terminal decline" of the international business (QF ACCC submission on EK) necessitating the non-equity takeover of Qantas by Emirates?
Sums it up nicely, from an airline that publishes the fact that there is virtually no opportunity for staff travel anywhere on the international network (except Noumea)
MC