Interesting discussion here, I am intruiged that 777 is possibly predicting the end of Alan Joyce's tenure at QF as a lot of 777's predictions often turn out to be quite on the mark. Is the forum also thinking that Leigh Clifford will have to go? Any others?
Agree with some of the comments here that if the QF board can't sort the mess out soonish, it may be the shareholders or even administrators who take the matter into their own hands.
For all the bluster and spin - I did think that Alan Joyce actually did have a good case to make to relax/change the QF Sale Act to allow more foreign ownership as a partial proactive solution that the Federal Government could take, certainly not retrospective punishment to VA, at least we could get a level but competative playing field for the future.
But just about all the other problems (and there are lots) are attributable or could have been solved by the current QF management. As management spent so much time and effort rushing around on their pet projects, spinning against their competitors and the general tough state of life in the airline business and starting capacity wars that they can't finish - that they forgot to manage the important parts of the business with no foresight evident at all in the areas of hub selection/infrastructure upgrades, oneworld partnerships, growth opportunities, fleet planning, route choice, customer loyalty, management succession, employee relations, staff morale, overhead costs, the rise of asia, currency and fuel movements, how to solve their natural disadvantages and/or maximise their natural advantages etc etc
In hindsight QF management have been wrongfooted at nearly every turn and the diagnosis for management seems to be "too much short termism" and fighting fires and not enough long term planning.