Seeing as though you referred to the Quantitative threshold,
An entity shall report separately information about an operating segment that meets any of the following quantitative thresholds:
(a) Its reported revenue, including both sales to external customers and intersegment sales or transfers, is 10 per cent or more of the combined revenue, internal and external, of all operating segments.
So practically Qantas group revenue FY16 was $16.2 billion, so the JQ 'segment' meets the threshold, but its 'international' does not.
- Qantas domestic and international flew 99,879 (million) ASK grossing $11.5 billion revenue
- JQ domestic and international flew 48,832 (million) ASK that is 49% of the Qantas ASK, yet they gross no where near 50% of the revenue.
You are right Keith, it is a dog of a business, probably nothing to be gained for management to show how poorly it contributes to group revenue given the resources it consumes.