Startup Costs For International Service Squeeze Jetstar Profits
Qantas' low-cost offshoot Jetstar posted pre-tax profits of A$11 million (US$8.3 million) after paying A$4 million in startup costs for trans-Tasman flights and A$10 million to launch Jetstar International. Excluding those costs, pre-tax profits reached A$25 million, which was A$11 million less than...
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