PPRuNe Forums - View Single Post - So you need a new fleet Leigh?
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Old 16th Dec 2018, 11:35
  #659 (permalink)  
Traffic_Is_Er_Was
 
Join Date: May 2005
Location: QLD - where drivers are yet to realise that the left lane goes to their destination too.
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I think what that person is trying to say, is that between them QF Dom & Intl earn $12965m (EBIT) flying 103665 ASK's, using 214 aircraft. JQ only earns $3767m (EBIT) while flying 48763 ASKs using 93 aircraft. ie earns 29% as much, while flying 48% as many ASKs (and incidentally using 48% as many much younger aircraft to do it).

It's interesting that Alan Joyce Pty Ltd is among the top 20 shareholders. I guess that's why anything that increases the share price is better than wasting money on aeroplanes.
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