DCH63,
Yes while Air NZ is going well now, lets not forget that not so long ago they were in as big or bigger hole than Qantas, required a Government bailout, and the Airline used the crisis to gain significant wage concessions from the staff!!
That said under Fyfe, they made some smart moves equipment and route wise from then on!
Were as Qantas have made some really dumb moves...............like completley pulling out of any International flights ex Perth!
Network is vital, and i would have thought the A330 could have been replaced with a QF738, to at least maintain a Qantas presence internationally ex Perth?