PPRuNe Forums - View Single Post - Jetstar Spin: Osaka cancelled due to Swine flu?!
Old 27th May 2009, 06:49
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QFinsider
 
Join Date: Jan 2005
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Youth is often wasted on the young....

The other thing that should immedietely become obvious to even the hardened J* supporter that aicraft idle with a low yield cannot be securing the volume needed to support the so called "business model". The group cannot be blase with respect to numbers. If indeed J* does not return its cost of capital, sufficient to return a dividend to the shareholders who finance this business, then it may well find a lack of support at board level.
In boom times experiments could be hidden with the sufficient generation of revenue (A330/AO etc). Business "segments" which are not doing what management have alleged could well be in for a shock. That is something that team J* have yet to really notice. Me thinks the longer this downturn goes on we will likely find out just what does what in many businesses around the economy.

With an extremely management friendly contract it is not good news for an employee of J*
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