"In particular, the ACCC does not accept or rely on the claim that Qantas International is in “terminal decline” and unable to compete effectively or operate profitably absent the alliance.”
ACCC approves Qantas, Emirates alliance | Business Spectator
No, like everyone else including the coalface workers, we know Qantas has been raped and pillaged to support and setup of JetStar. it's all very well for a business to have a new venture but transparency and facts should be mandatory. In my opinion the CEO has used subjective manipulation of the books to cover up these facts. Jetstar has been suckling off the mother's teat and will never repay the debt.(becaus eteh debt will never be disclosed). Just as Mr Dixon's bonus, based on a successful takeover was NOT a bribe, so is the case Qantas NEVER supported Jetstar to any undisclosed extent. If ALL expenses were apportioned fairly you would see a completely different situation in the financial reports but resources, capital, a weak regulatory and an unethical attitude by this management will ensure the truth is NEVER revealed. (Else we couldn't send +200 engineers out the door)