The following financial information, which is hot off the street, paints a different picture. Based on this information, Qantas International is doing quite well.
- International continues to be the stand-out performer – loads in April recovered to be in line with strong trends seen throughout FY11. (The dip in March was due to the Japanese and Christchurch earthquakes)
- International yields are up 8.7% YTD (excl FX).
- Qantas has generated an estimated additional $141m in revenue in April
Source: Sydney Investment Bank Note of 2 Jun 11