Genex..Startup Airline Revenue
When you startup any business...airlines included....the first dollar you earn is revenue growth .Revenue growth continues until your product has satisfied the market demand for your product.The revenue will then fluctuate.
Joyce is not responsible for revenue growth.It was a a natural function of tapping into a niche market that had previously been ignored.
Revenue is not to be confused with profit as you seem to be doing.
Profit begins when you cover your costs.Costs in Jet* case that were already being covered by the parent Qantas Group.
Lets wait for this years annual report and see if we can determine not only revenue for Jet* but also its profit as a percentage of the total group.