Tartare
The commercial reality is QF have pumped money into entities that aren't returning on their investment.
Nov 11 - $10M JQ Pacific then;
Feb 12 - $7.5M JQ Pacific
$150M into JQ Asian Franchises followed by $60M initial investment into JQ Japan then a further $60M announced in Oct 13.
May 13 - $66M over 3 years into JQ HKG.
Aug 13 - $100M into 787 fleet support.
At least we can breathe easy Red Q never launched. AJ proposed pumping $500M into it in 2011.
All the above spending 3 minutes browsing over a google search.