In charting the airline's bumpy history, the report was also highly critical of the direction taken by former CEO John Borghetti, citing a "misconceived business strategy to change its business model from a low-cost carrier to a full-service airline", "the continued operation of loss-making servi...

Virgin Australia did not have to attack Qantas. Virgin was then profitable, and operating in a duopoly and only the ego and arrogance of it's CEO took in down the path of ruin. Think of all the people this arrogance has impacted in a negative fashion. Their CEO left the company after being rem...