If you think that JQ was purely set up as an IR strategy then you don't know your recent history. JQ was set up as the low cost counter to Virgin way back in '04. The pilots that started with JQ were already on reduced terms and conditions as Impulse had been bought by QF to counter Virgin. The business plan had already been done with an airline flying 23 A320's on a lower cost base and AJ was a big part of this. So Impulse became Jetstar and the rest is history. Lower terms and conditions than mainline were a by-product not the driving force. Also the MoU has given many QF pilots the opportunity to get into the LHS that they otherwise would not have had without JQ. In addition many S/O's got a RHS that they would have had to wait a long time for.