What the ** are you on about when you write "That is so the costs of the operation are borne by mainline and Jetstar keep the revenue."
This is plainly incorrect. The issue may relate to what is on the JQ AOC: I really don't know but I am sure that it's nothing to do with money.
As posted by me in another thread :
Words from the HNL Port Manager for a certain airline associated with JQ with reference to the cancellation of JQ services and replacement with QF charters :
"This is the 6th time in 6 weeks!"
He went on to complain that his budget was blown for this quarter already (due to having to call in his own staff on days off to manage the services) and when queried at a higher level, was told to 'drop it'!
So yes, their customer (full) service on certain routes may indeed be fantastic. Im thinking SYD-HNL-SYD 6 times since the start of 2010 in fact!
Now watch this space for QF to announce that HNL is unprofitable and that JQ must take over to keep the dream alive.
The day will come when this false accounting will effect the bottom line, come back and bite the Group on the proverbial. I just hope its not too late!!!
So whilst they may pay for the actual charter (who knows... maybe not), they sure as hell don't pay for the ancillary services!!
As the CEO of Qantas' former low cost base airline once said "If we can't survive without being propped up by mainline, then we shouldn't be around".
As a shareholder, I would sure love to see the books - particularly on JQ Intl...