Qantas faces a resurgent rival in the now-Qatar-backed Virgin Australia Airlines, in part due to its own earlier machinations.
Its erstwhile CEO Alan Joyce and former chairman Richard Goyder are ingloriously departed. And the golden days of record profits are rapidly receding, long-delayed spending now rendered unavoidable.
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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
