Originally Posted by
a_pilot
Qantas INTL made $399 M EBIT vs Jetstar $461 M EBIT.
What good is revenue if there is no profit ? Yet someone keeps denigrating Jetstar based on revenue alone.
Qantas INTL flew 42% more ASKs for 14% less profit. It is very obvious which is more profitable.
Qantas INTL have an operating margin of 5.8% vs Jetstar 12.2%.
Qantas (INTL + DOM) made 3.4 times more revenue but only 2.5 times more profit. It is obvious which generates better profit compared to revenue.
From these facts above, it is very obvious that Jetstar (Jetstar Australia, JQ) is a much better return on investment compared to Qantas International.
That’s the problem / point you’re missing - did they really or did QF foot a lot of the bills for JQ making the figures above look better for JQ to suit the narrative?