How to avoid the equity provisions of the Qantas Sale Act - change your make up!
A Jetstar equity majority sell off would nicely finance the CEO and Chairman's retirement whilst making redundant all those highly paid and under worked Qantas staff.
LCC's are nothing new. Have a look around the world. We are one of the last countries to implement this. Nothing to do with Ansett.
QANTAS is what it is today, old school business model/ great airline still by far however the market it operates in, QANTAS can't compete against the LCC business model.
People today just want a seat and get to their destination on the domestic scene.
Just like the train and bus....Gone are the days where the upper middle class and above used the airline network. IT is now available for everyone.
If you are correct, I wonder how Air New Zealand, Singapore Airlines and the Middle East carriers make a profit as full service international airlines competing against LCCs and Qantas makes a profit domestically?
I guess they never read your book, eh wasathangi?
Or maybe they have more proactive, innovative management? Maybe not, only Qantas has the world's best airline management team!