What I do not like is Senior Mangement moving staff to Jetstar under the threat of retrenchment if they do not take the option...... to work under different award conditions....
While senior management lick the cream from the profits for themselves......
It is a great company to own when fuel prices are cheap and also when oil prices are high if they get their fuel hedging right. But if they do not watch out below......
Enjoy the cheap fuel while it lasts as it will never happen again once it starts to gain traction at far higher prices again.
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- $448 million of the profit was from cheap fuel
$448 million of the profit was from cheap fuel, page-10
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