Steve, if that's the case, why are they winding it back? If it were a cash cow it'd be expanded or at least maintained.
The reason the company has expanded Jetstar international is because it loses less than Qantas from what I understand.
They are winding International back so they can manufacture a loss and go cap in hand to the Gov't to change the Sale Act. It is deliberate.
Jetstar only make a small profit because Qantas are billed for Jetstar expenses.