good old Dick Smith forcast the fall of Ansett followed by the fall of Qantas. Unless they do something they will crumble.
I have a choice of flying A to B company A will charge me $100 company B will charge me $80 but not serve me a meal. Mmmm lets see do I want crappy airline food, NO ok I'll go the $80 jobby.
Company A pays its captains $100 dollars to do a flight, the other company pays its captains $80 dollars to do the same flight.
Mmmmm lets see who is coming out in front??
Unless company A can reduce its expenditure to the compete with company B, then eventually, and it may not happen over night but eventually company A WILL go down. The paying public will pay less for a fare no matter what.
Wake up and smell the daisies. Qantas is way to fat with management it does not need and pays its crew way too much. I'm not saying it should not pay its crew that much but in reality the fat guys will cause the fall of the big company