The reality is far simpler,
Any audited set of accounts with the costs correctly appointioned would shine too much light on the J* debarcle. If one investigates the European experience the claimed difference between an established and so called "low cost" airline is 49%
The amount of things the new low wage carrier need to to secure such savings are incredible. J* does very few of them. Hiding the cost appointionment is an easy way to disguise transfer pricing. Are there any aviaton analysts in Australia with the acumen to lay waste to management mantra; NO!
Aviation is part of a transport portfolio at any estanlished broker, a small component at that..
J* is designed to break down the 14 unions scrotum face ( mini me) and the HR Nicolls society want to deal with, a brand new world order. J* will become the flag of convenience in any country dumb enough to host it, the ability of Australians to access any opportunity will be limited to thier ability to undercut the host country...
I hope Emirates and Singapore read this. BA has already spent a lot of money polishing up P class, we cut it out...