Also coincides with Qatar increasing capacity out of Melbourne by 76 seats a day by using a larger "old technology" aircraft. Yeah, real weak demand.
They may be increasing their capacity but are they filling it and, if so, how? I suggest that they are cutting fares and diluting revenue. Herein is one of Qantas' major problems: the Australian Govt has allowed foreign carriers almost unfettered access to the Australian market with a detrimental impact on Australian carriers. Like, how many Australians want to travel to the UAE, and how many UAE residents visit Australia to spend their hard (?) earned? Is anyone able to demonstrate what these carriers really do for Australia?