Qantas has been living a lie for at least Fifteen years.
The lie is that it is unprofitable and burdened with excessive costs.
The lie was made with the intent of undoing the public float and to privatise the iconic airline, which has always been a licence to print money by screwing Australian travellers.
The lie almost succeeded.
The trouble however was that all the deliberately dubious decisions that were made to portray Qantas as a total basket case prior to the Texas offer needed to be immediately undone when it failed.
However little Alan didn't understand that. Instead his mates Dixon and co egged him on to go further down the self destructive path they had planned.
And when Alan finally saw the chasm opening up in front of him, he went to Emirates and not messrs Dixon and co. THAT was the source of the famous gnashing of Singletons teeth. "My precious" curses! Qantas has slipped through our fingers!
As I said when this happened, Qantas will simply be a business name for a unit of emirates very shortly. Alan's outburst just confirms it.