Originally Posted by
Troo believer
From yesterday’s webinar a comment was made that “Jetstar International has a greater ROIC than that of Qantas International”. Another throw away line that has no way of being validated yet we’re meant to believe it hook line and sinker. Do they think we’re that stupid! I believe there is an underlying modus operandi to this Project Sunrise and that is to bypass the current A380/A330 conditions by stealth using project sunrise as a lever. The whole premise is to introduce a new type being most probably the 777X on current 787 rates. It’s a long term plan no doubt but you can easily envisage further orders after the initial order of sunrise requirements to become the dominant wide body long haul fleet consisting of 777 and 787s. To protect this from happening there needs to be a scope clause. You know the one like Qantas is insisting on from the manufacturers as part of their contractual stipulations. Not sure if I’m a Troo Believer anymore. Just another jaded cynical pilot unfortunately.
A throw away line.
They hide JQI for it is a mess. They would never segment it like they do for Qantas. They hide behind General Purpose audit under AASB 8 for a reason.