otto-the-grot wrote:
This guy truly thinks we are idiots. Jetstar the same as Tigers cost base????
Going to have to disagree with you Otto. This is possible when you take into account fuel hedging, bulk aircraft purchases from Airbus, US dollar income that qf earns & other benefits from significant economies of scale.
I'm not directly comparing cost bases, just highlighting that there are many other significant costs beyond the 'crew cost' component that actually make a much bigger difference. Does tiger even hedge their fuel?
Of course this merely highlights the more subtle aspects of the cross-subsidisation of j*.