I have it from an impeccable source that the catalyst for this a couple weeks ago was not QFs financial position but VAs.
VA is/was severely overstretched to the point where the 350 million from Etihad was required to keep it going.
That is the genesis of Joyce's complaint, which considering it appeared out of the blue, seems valid. QF were perhaps weeks from having the market to themselves.
Unfortunately for Joyce, his handling of the situation has backfired on both him and QF. The press have turned on him and the Board. Soon he and his bastard child JQ may no longer be fixtures at QF.
We seem to be entering a period of instability for all the major Australian players.
For the few here slavering over the potential demise of QF, your dream is not yet a fait accompli.
My crystal ball sees JQ Asia sold, Joyce and Clifford gone and QF to restructure and focus, eventually emerging stronger for this.
Don't write off the roo yet.