AS we consider Qantas' future perhaps we should reacll some recent history.
In 1966 Pan Am a record profit!
TWA use to make good profits!
So did Eastern, Western and the list goes on---over 200 airlines large and small have disappeared or merged since 1979.
Geoff Dixon is right Qantas' future is not guaranteed just as Ansett's wasn't.
Like it or not Qantas must compete against all commers most of whom have significantly lower labour costs--right or wrong.
That is the reality.
If the Government continues to allow more and more airlines access to Qantas routes then the airline will come under more and more cost pressure.
The reality is that passengers will change airlines for $50 on a $2000 fare.
GT