Amazing how Jetstar with its seperate Chief Pilot and CFO, (albeit with subsidised safety and Medical dept..........) made $137 mill profit this year.
Qantas made how much?
I think you missed the HEAVILY subsidised maintenance (to the extent it COSTS Qantas to do it), the gifting of profitable routes, the initial cost of setting up the airline in the first place, IT…..
Sure they made a few dollars but if I cut off my right arm and sold that I reckon I could make a bit of money too.