The statement made by Mr Joyce is quite correct.
With that in mind though I would have to question the current strategy of Jetstar - adding another 50 staff to work on the international plans, now offer per-assigned seats, carry cargo, and are moving towards two class, using the parents aircraft...Hmmm is that a baby QF??
Wasn't Mr Joyce quoted as saying [inpart from Monty] "...Some budget offshoots of major carriers made the mistake of adopting a cost base akin to their parent airlines. Song was one. “What Song did was use aircraft from the parent group,”