As an observer from afar why is Jetstar loosing so much money? Most flights I've done with them pretty full, in last 18 months.
Similar locos Ryanair and Easyjet in Europe make a big profit, with similar low fares.
Is it just high Oz crew costs etc. or poor utilisation.?
Easyjet and FR pilots good salary just under BA rates, and probably work less hours than BA.(BA Airbus shorthaul pilots 85/90 hrs per month)
Cabin crew low pay, but no shortage of recruits. (3 cc on Airbus 4 on FR 737)