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Old 15th Jun 2012, 11:45
  #606 (permalink)  
crosscutter
 
Join Date: Jan 2006
Location: Australia
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Just another piece of the jigsaw......under oath this last week at arbitration it was said that Jetconnect is a loss maker as well. Combined with the admission that Jetstar asia longhaul (at least) is unprofitable it gets you thinking....Is any flying entity of Qf profitable apart from QF and Jetstar domestic? Based on Joyce's assertion that capital will only be invested if the cost of capital will be met, why is Jetstar asia first to get the 787's? It appears a double standard and continues to dent Joyce's credibility with those who closely follow his ever increasing mess.
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