Bula, I think you are stretching the truth by suggesting the highly profitable "QANTAS Domestic ( Australian Airlines and TAA )" that is partly crewed by Qantas international is not a Legacy part of the outfit.

17years out of 91 is Legacy ay.....

Anyways my point is the face of QANTAS has changed and will continue to change. For people to harp on with "mainline bought this, mainline bought that, it's mainlines money" is a bit farcical.

Mainline is 2/8 (9) of qantas' shop front business. It provides 1/2 of all profits but consumes, until recently, 70% of all capital.

AJ is officially nuts. 1/2 the profit, in a downturn in the Asia pacific region. What about the billion dollar profits during the upturn. Market share has dropped a few %, along with an increase in OS capacity. But has the market not grown? Are not load factors still on the increase?

Please please please AJ don't force me to fly BA...... You are just going to kill international if you do.

And so it begins. The Qantas A320s are to be crewed by Jetstar.
So qf pilots go to Jetstar and return to qf a320s on Jetstar pay and conditions.

Just occurred to me that most good governance processes for listed entities have a limit as to how much capital can be committed to venture capital, which by its nature has a higher risk than normal business.

Does the Rat have any such process in its governance protocols?

Presumably the purpose of such requirements is to stop wayward management betting the house.

Probably don't if it didn't suit their purpose,but may be a point that shareholders could make at AGM if anyone is interested.

If you are going to lease an aircraft why would you renew a lease when it expires rather than lease a new more efficent model:ugh::ugh::ugh:

Of course they will use the QF purchasing power and then they will sell it to a leasing company, for a profit. They will then lease it from said company for tax advantages.

Been done before and will be done again but that was pre Dixon getting a cut of the business.