View Single Post
Old 23rd Feb 2018, 00:39
  #113 (permalink)  
Rated De
 
Join Date: Sep 2017
Location: Europe
Posts: 939
With a closer look at the figures there is an $82 million black hole. Looks like itís in the Jetstar International business.
It is precisely despite JQ possessing more aircraft than the parent that the JQ segment is not broken down into domestic and international , yet Qantas is.

AASB 8 gives 'management discretion' to report segments with some parameters. Ever wonder why they 'choose' not to break out JQ into segments?

Astute readers will remember Qantas management chose to break out Qantas Domestic and International into two distinct operating segments back when Qantas international was 'apparently terminal'

Qantas need a new fleet
Rated De is offline