The ACCC will be handing down its finding in relation to the proposed QF-EK tie up next week. Rod Sims' comments in the AFR may have the board and EXCO concerned that things may not go the way they wish.
If that is the case, the list of failures continues to grow.
* Jetstar Pacific - debacle
* Red Q - stillborn
* Jetstar Hong Kong - announced in March yet still pending regulatory approvals which will not be rushed by the Chinese government
* QF-EK alliance - assuming it is not given the tick
* lack of dividend
* share price down by almost 80% from its post flight high.
It is interesting that this comes back into the news this week in the context of possible events next week. Trying to pull a last minute rabbit from the hat? Surely, the board's and Alan Joyce's positions will become completely untenable should the EK alliance not be approved given the list of ongoing failures.