These management people go on like cracked records. Structural reform, cost cutting, outsourcing etc. etc. Sounds great at the press conference, and all the middle management types with their MBA's must swoon every time they hear this stuff.
Meanwhile at QF millions are being spent on upgrading the small fleet of classics, whilst new aircraft orders are deferred... a short term strategy if ever there was one. Still, as long as those executive bonus's keep on coming, it doesn't matter what happens in five or ten years time because these genius's will be long gone.