Not exactly correct Ash. Route Profitability includes all costs associated with operating the market. It isn't simply fare yield. Labour cost is a big factor, and disadvantage for Qantas, since Asia operates ~40% less than Australia.
Qantas is also disadvantaged by geographical region, and does not have the same hub-ans-spoke advantage of Asia / Middle East etc. That sad, Qantas has plenty of code share partners ex Asia, customers can connect too.
Buy route profitability determines viability, and all elements of operations are costed at market level, to determine overall viability of operating on a market.
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