Hey Goddamnslacker,
You gotta ask yourself:
As per Nick X's article a few months ago....in 2008, Qantas was some 140 aircraft , Jetstar 30ish ..
Now it's 100 Jetstar, 115 Qantas.
Jetstar has around what, a 40% lower cost base.
So, why , why have they driven Qantas down to this point , only to regrow the airline in its current condition.
Seems pointless .
Any expansion of Qantas will be via a lower cost base.
JQ International has experienced 787 drivers, it get morphed into a Qantas company (Qlink , Jetconnect etc) and Qantas expands. Passengers, none the wiser.
Domestic, they 're making money .
Vietnam, Japan, HK, not so good. Sell their stake, make some money , JQ still not closed down.