Qantas should just buy up the 200 or so households on the Cocos islands and fill them with ground staff and crew
Then set up a Qantas hub on the Cocos islands
They could reach EVERY city in Europe and Africa from there
They could even get a few developers in and build resorts and tourist attractions and wipe the ME3 out of Australia
The airport is there, just needs a new terminal and perhaps a runway extension and some foresight