Keith - thanks for that.
So, assuming around $2.5b setup for JQ, and without making allowances for the
extremely rubbery accounting QF utilises, the costs worn by QF that support JQ, the duplication of services (undercutting itself) maintenance, crewing, catastrophic failure of JQ HKG and the semi nationalisation of an entity with the jailing of staff in Vietnam (among other things) that still shows a back of envelope loss of around $800m.
That's an EXTRAORDINARILY large ($3.3b?) opportunity cost in terms of 777's and Gamechangers to QF
What's 15 years of heavy jet fuel at 5-7,000kgs of fuel per hour for EACH jet worth??
So sad....