Jetstar’s no-service model has performed exactly as intended, until recently, delivering steady annual profits.
Which were basically paid for out of Qantas coffers.... Not a particularly sound argument as there has never been anything concrete provided to support it. Frankly, I see that claim as wild exaggeration at best and a blatant lie of criminal proportions at worst.
The job of anyone in business is to work how much they can sell something for, not work out how to give it away for less. None of these guys have ever run their own business or they wouldn't have thrown billions away like confetti. They are incompetent, shameless and lie as a matter of course.