first_imgDespite increased capacity in the domestic market, Qantas Group’s domestic operations revenue dropped in July 2012 against the same period last year.The financial deviation pertaining to the decrease in domestic yield was not released by Qantas in the Group’s preliminary monthly traffic and capacity statistics.Both Qantas and Jetstar yields and loads in the prior period were favourably impacted by the grounding of Tiger Airways Australia last year, according to Qantas’ monthly report.Qantas International recorded an increase in yield, following the airline’s abandonment of loss-making routes during the second half of 2012.This follows Alan Joyce’s announcement in August that Qantas’ international network is the “biggest challenge” the airline currently faces.The prospect of a fare war comes as Emirates’ chief executive Tim Clark visits Sydney this week, further fuelling speculation that the Middle Eastern airline will sign an alliance agreement with Qantas covering routes between Australia and Europe, according to the Sydney Morning Herald.The Qantas Group also revealed the restructuring of its Boeing 787-9 order stream, enabling the Group to receive a cash benefit totalling US$433 million.In related news, Qantas’ budget airline Jetstar Japan will utilise Kansai International Airport as its second base for operations from October. Source = e-Travel Blackboard: P.Tlast_img

Leave a Reply