Fairfax is reporting today that QAN is under investigation for abuse of market power in its defence of GD's famed 65% "line in the sand." Apparently Strambi's comments that for every plane VA added, it would add 2 has drawn the ire of the competition watchdog.
As a strategy, the 65% was always flawed. It now threatens QF domestic's profitability and if the ACCC is angry, QF can't expect much sympathy with its current campaign against VA.