FYSTI,
You make a very good point.
Oil is currently in oversupply. Shale production in the USA is still high.
Oil is forecast to stay low for a considerable time.
The whole point of the 787 is the lower maintenance cost AND lower fuel burn should I fact the unexpected happen and prices rise again.
That alone will be the future proofing of QF.
Pilot salaries are not the make or break here. They are 1-5% of the overall cost.
Im not suggesting some win wins not be considered.
Just don't think it wise to sell the farm at the start of a big turnaround.
There is no rush, unless your Qantas.