Jetstar increasingly bullish on prospects for the current financial year

Bruce Buchanan, CEO of Qantas’ LCC subsidiary, Jetstar, expects passenger revenue to increase to AUD2.6 billion (USD2.3 billion) in the 12 months to 30-Jun-2010, from about AUD2.3 billion in the year to 30-Jun-2009. [1863 words]

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This report contains the following subheadings:

• The ‘third force’ on Australian domestic routes mounts a challenge
• Jetstar’s contribution to the Qantas Group continues to increase – especially on international routes
• International holiday period expansion under way
• Meanwhile, Cairns airport charges threaten new Japan services
• Jetstar Asia looks to a longer-haul future

This report contains the following charts and tables:

• Domestic passenger numbers growth (%): Jetstar vs Virgin Blue
• Domestic passenger capacity (ASK) growth (%): Jetstar vs Virgin Blue
• Domestic passenger load factor growth (ppts): Jetstar vs Virgin Blue
• Qantas group passenger numbers contribution graph: Sep-09
• Qantas group passenger numbers growth by carriers: Aug-08 to Aug-09
• Qantas group passenger capacity (ASK) growth by carriers: Aug-08 to Aug-09