I totally agree, Qantas has a business that should almost be capable of printing money. Some would say though that AJ has started to try and streamline the operation starting with staff costs. I am just fed up with people saying that it is 'impossible' for Jetstar to actually be making a profit when all the evidence from around the world shows that LCC's can be highly profitable without the support of a big brother carrier e.g. Southwest, EasyJet, FlyBe, Ryanair etc. Not to mention they have been one of the only highly profitable areas of the airline industry through the recession out performing most legacy carriers..... except for maybe Qantas who have also sustained a profitable business in bad times...... maybe it hasn't been so badly managed afterall.