Australopithicus
And that attitude will send Qantas to the Wall.
Short-term a business may be able to sustain a smaller competitor with employees on lower, more flexible arrangements.
Longer term, they are f&^^$%
Look at all the private catering, ground handling providers etc eating Qantas for breakfast
Same reason why Borghetti is in a much better position than Joyce. Much easier to start with a low cost base and increase it, keeping employees happy, versus starting with a high cost base and trying to compete -- perverse that the guy paying less is actually liked more.
Until the pink slip hits, a lot of denial around.