The QF pilots are really getting it here for no good reason, hence the comments from the head of their union today ("we didn't know Alan Joyce was insane"). There has been no work to rule or strikes at all by the pilots group, so Joyce is perhaps heading down a very slippery slope.

I'd agree with Kenny, Joyce has been trying to kill QF for some time, then perhaps bring it back through the Jetstar entity once it's shut down. Pretty scary stuff.

On the other hand, John Borghetti was expecting the top job after Dixon but was passed over, likely as the Board wanted the low cost "expert" instead. Borghetti took the top job at Virgin and has changed the airline into a high end product, it would appear just in time for the Irishman to delete Virgins competition. When Borghetti was passed over he was fuming, and managed to take a heap of the top QF management with him.

Interestingly, before QF went down this path to destruction they made close to half a billion dollars a year under Dixon and Borghetti for the better part of a decade, even when other carriers world-wide were hemorrhaging cash.

They now have a discount arm making some money, and the mainline product bleeding, both in money and reputation. So how smart is this guy Joyce, and for that matter the board who not only hired him but gave him a massive raise the day before he shut the airline down.

Wild, wild stuff.