Qantas not out of the woods as load factors slump and yields remain stuck below 2008 levels

Qantas’ traffic report for May-2010 shows a continued recovery in international yields, although they are coming off a very low base last year. Between May and October 2009, the airline’s international yields were down by an extraordinary 20-30%. Strong growth off such low levels should be expected over the coming months. But yields remain well below 2008 levels, both internationally and domestically. [516 words]

CAPA Members Login Username: Password: Remember details

Instantly get access to this article now for USD15.00. or If you've already bought this article, you can view it by typing your Article Key:

This report contains the following subheadings:

• Domestic capacity war: Mainline +8.7%, Jetstar +7.6%. Load factors falling fast
• Virgin Blue's domestic load factors falling

This report contains the following charts and tables:

• Qantas domestic and international yield growth (% change year-on-year): Jul-2008 to May-2010
• Qantas Group passenger numbers growth: May-2009 to May-2010
• Qantas Group PLF growth (ppts): May-2009 to May-2010
• Qantas share price: Jun-2010
• Virgin Blue int’l pax numbers and domestic pax numbers: May-2009 to May-2010
• Virgin Blur domestic PLF and Int’l PLF: May-2009 to May-2010
• Virgin Blue share price: Jun-2010