Red and blue team again? Who knows. They haven't advised us. I don't know what the impact on our members will be but they appear to be pretty advanced in their plans.
My take on it is this.
Yes they want to split off Domestic. They will do so to sell it offshore. It has been a couple of years in the making. The Govt and public would go bananas about it. They have deliberately created a situation where they lose money to try and convince people it is the only way forward.
They couldn't get their grubby mitts on Qantas through their Texas Pacific failed attempt so they are trying another ploy. I reckon the major shareholders are in on this and intend to make a few quid personally out of the plan. The entire thing hinges on the current Board remaining in place.