Qantas Airways Group passenger numbers down 0.6% – traffic highlights for Mar-2014:
•Passenger numbers: 4.1 million, -0.6% year-on-year;
◦Qantas Domestic: 1.4 million, -3.5%;
◦Qantas International: 458,000, -6.5%;
◦Jetstar Domestic: 1.0 million, +6.6%;
◦Jetstar International: 395,000, -10.8%;
◦QantasLink: 483,000, +5.8%;
◦Jetstar Asia: 347,000, +5.4%
;
•Passenger load factor: 74.4%, -4.9 ppts;
◦Qantas Domestic: 73.6%, -4.2 ppts;
◦Qantas International: 74.3%, -6.5 ppts;
◦Jetstar Domestic: 80.4%, -2.8 ppts;
◦Jetstar International: 72.4%, -3.8 ppts;
◦QantasLink: 60.9%, -3.6 ppts;
◦Jetstar Asia: 80.5%, -2.9 ppts.
Qantas: “For the financial year to date, Qantas Group yields were lower than the prior corresponding period. Total Domestic (comprising Qantas Domestic, QantasLink and Jetstar Domestic) yields were lower than the prior corresponding period as a result of continued market capacity growth and weak demand. Total International yields were lower than the prior corresponding period due to persistently high levels of competitor capacity growth,”
^^ Yield down & load factor down. That's not good.