PPRuNe Forums - View Single Post - Jetstar to launch Hong Kong based carrier
Old 27th Mar 2012, 11:27
  #95 (permalink)  
DEFCON4
 
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Franchises and Repatriated Profit

Jetstar is a franchise with minority holdings in each of it ventures.
The majority of the profit goes to the majority shareholder.
How will the profit aportioned to Jetstar find its way back to the Qantas group.?
Most if not all countries heavily tax repatriated profit. Particularly Asian economic jurisdictions.
Surely the time effort and money poured into these ventures would be better directed to improving and growing the Qantas mainline entity.
The duplication of costs for example seems to be either poorly thought out or ill considered.
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