'During the past few months, industry rationalisation on a...

'During the past few months, industry rationalisation on a regional and global scale has gained momentum. We expect this to continue and believe that economic conditions will drive further need for consolidation, including merger activity, across the industry.'
Virgin Blue Annual General Meeting - Chairman's Address.

Mark Vaile Joins Virgin Blue Holdings Limited Board
Mr Vaile joins the Virgin Blue Board after a distinguished career as a Federal Parliamentarian during which he served in positions including Deputy Prime Minister, Minister for Transport and Regional Development and Minister for Trade.
He was also instrumental in securing or initiating a range of free trade agreements between Australia and the United States, Singapore, Thailand, China, Malaysia and the ASEAN countries.

I do think we can smell something.