JQ currently not making money, DJ to take upper hand - according to SMH

[markis10]

Interesting slant on the airline wars at present: "AUSTRALIA'S two biggest airlines, Qantas and Jetstar, made only $17 million between them in the second half - and all of that was earned by Qantas"

Read the the story here:

Virgin class war to cut profit turbulence

[JohnK]

Interesting slant on the airline wars at present: "AUSTRALIA'S two biggest airlines, Qantas and Jetstar, made only $17 million between them in the second half - and all of that was earned by Qantas"

Has the article changed? I don't see anywhere in the article that JQ is not making money.

AUSTRALIA'S two biggest airlines, Virgin Blue and Qantas, made only $17 million between them in the second half - and all of that was earned by Qantas.

[JeniSkunk]

Has the article changed? I don't see anywhere in the article that JQ is not making money.

True. Sort of.
What the SMH quote you used did NOT say was that JQ was ACTUALLY making money.
All the quote says is that it is Qantas as a whole that is making money, not which bland name department within Qantas that was making the money.

Jenifur Charne

[markis10]

True. Sort of.
What the SMH quote you used did NOT say was that JQ was ACTUALLY making money.
All the quote says is that it is Qantas as a whole that is making money, not which bland name department within Qantas that was making the money.

Jenifur Charne

The inference from the article is that QF made 17M in the last 6 months while JQ did not contribute to the profit, it was the quote I actually pulled and is further elaborated in the article:

"But its overall performance was only slightly worse than the flying operations of Qantas and Jetstar, which reaped just $17 million between them in the second half."

If you read the market analysis post the results call, Jetstars EBIT of $117M occurred in the first 6 months of the trading year and Jetstar has not had positive earnings in the softer second half according to the analysts. Put simply they are not making money in the leisure sector.

[Hvr]

True. Sort of.
What the SMH quote you used did NOT say was that JQ was ACTUALLY making money.
All the quote says is that it is Qantas as a whole that is making money, not which bland name department within Qantas that was making the money.

Jenifur Charne

Freudian slip perhaps?

[JohnK]

The inference from the article is that QF made 17M in the last 6 months while JQ did not contribute to the profit, it was the quote I actually pulled and is further elaborated in the article:

Is your quote in the OP directly from the article? If so then the article has changed since you posted and it does not mention anywhere in the article whether it was Qantas or Jetstar that made the profit.

[markis10]

Is your quote in the OP directly from the article? If so then the article has changed since you posted and it does not mention anywhere in the article whether it was Qantas or Jetstar that made the profit.

That was the first lines of the article, it indeed has been changed!

[markis10]

Here is the original - I thought I was going mad:

[JohnK]

That was the first lines of the article, it indeed has been changed!

Poor reporting.

I have noticed that the quality of news reporting on the internet is extremely poor with the focus being on getting (any) news out there quickly and there is very minimal proof reading and decision making on quality.

[markis10]

Poor reporting.

I have noticed that the quality of news reporting on the internet is extremely poor with the focus being on getting (any) news out there quickly and there is very minimal proof reading and decision making on quality.

I agree, such a change in content makes a big difference to the way its read!