For those who are still following Qantas, you might have seen in your emails recently that Qantas are starting to ramp up promotion on sale fares, both domestic and overseas.

Admittedly, its all for low season, and having done recent searches for overseas flights at peak times, they are still pricing peak fares at well above their competitors (50% higher to Europe in the Southern Autumn/Spring).

Profitability (or rather inverse losses), is likely to return to normal over the next two years, so if you are still on board, I think it's time to sell.