You might also ask how much is qantas paying to prop up Jetstar, to make sure they make a paper profit.
All those overheads that qantas pay for and provide. Those prime departure arrival gates, check in counters, baggage belts, staff car parking, use of flight training facilities at Essendon just to name a few.
No other start up airline gets this for nothing.
And how about the handing over of prime domestic routes to prop up Jetstar.
Tasmania, Gold coast, Hammo island, Sunshine coast. And now Melbourne- Darwin direct. Theres no way you can fly this route with qantas anymore without going via some other port.
They are spoon fed what they need. Obviously Geoffs love child.
A perusal of comparison airfares on the Flightcentre website shows an interesting trend. Qantas appear to be leaving the deep discounting to Jetstar by pricing their product higher. If this means flying around half empty so be it. Won't compete against the subsidiary golden child.
But are they really making a profit on those $49 specials, or are they desperate for cash flow. The shareholders should be given the picture.