Fly boat,
You really have it wrong.
Alan has downsized QF international over a long period of time.
Why?
1.Massive growth/investment in Jetstar at the expense of QF. Unless you count a lounge as a fleet investment
2.Ancient fleet of QF international aircraft that required high maintenance and high fuel consumption at previous record high fuel prices above $150 barrel
3.The dollar was $1.15 US
4.Foreign competitors were dumping capacity with the high Aussie dollar
5.QF pulled out of European and UK rights to partner with Emirates.
Your suggesting flight crew cost was a major factor, which shows how baseless and poorly considered your argument is.
Thankfully the fuel price has more than halved and Is forecast to remain low,
The dollar has dropped 35% and is forecast to drop further
Foreign competitors are cutting back capacity, improving our yields.
Our cost base just dropped with the fall in the AUD.
Let's just see the full year result and the forecast for next year.