Qantas GROUP
These figures are indicative of pax numbers growing on Bogan Air.They are really not indicative of yield or profit although creative accounting will tell that they are.RSF of 76% is hardly cause for hoorays with the cost of Jet A1 the way it is.A RSF of around 80% + is required.
The LCC model also requires fuel costs to hover around $80 for it to work.
Bogan Air hedging is provided courtesy of mainline.
The market is really impressed with QAN shares at $1.85
Last edited by Firecat; 3rd Jul 2011 at 08:59.
Reason: to make a moron happy