Originally Posted by
MegatopLover
As the SMH article linked above pointed out, the strong suspicion is that Qantas backed this agreement as a least-damaging liberalizing move that may help it avoid further liberalization (to include SQ) in the future. QF will surely rely on issue fatigue (regulators tired of dealing with the issue) and complain about too many changes too fast (we just dealt with the US-Aus bilateral, let us see how that affects business and Australian jobs blah blah blah, before we start allowing in third-parties).
Sure, but QF got extra rights out of the deal too. Previously capped market share it can now add capacity independent of what it's competitors do.