Jetstar domestic LF down 7%
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Jetstar domestic LF down 7%
Latest may figures reveal that Jetstar domestic load factors have lost 7% compared to may last year. Even though ASKs have risen sharply, overall passenger numbers have decreased. Is this a result of VB or Tiger making inroads or people heading back to mainline?
Discuss...
Discuss...
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Perhaps Capt K's 'rubbery figures' expose of a couple of months ago about the Jetstar numbers has brought about a conscience attack.
Reports to the relevant authorities may now be a bit more believable
Plainmaker
Reports to the relevant authorities may now be a bit more believable
Plainmaker
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J* also grounded over 7 A320's during May. Just imagine if they ran a normal schedule, 50% LF's would go down well.
Its purely a result of Tiger being 50% bigger than last year and way too much capacity in the market in such a dead period, especially Gold Coast which had a going rate of 70pax for most flights.
Is this a result of VB or Tiger making inroads or people heading back to mainline?
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From January next year new 800's with IFE systems are being delivered to replace the classics. But I have heard the Classics retirement is being deferred, they need more airframes and the flying is building fast!
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May is usually soft.
The market is relatively saturated with capacity. Due to GFC, LCC's enjoyed greater then normal patronage as price drove consumer choice.
As the economy is rebounding, full-service traffic is returning. Premium traffic is also returning quickly and levels are already pre GFC for Qantas. This will in-turn soften LCC demand and with the market over-capacity, naturally SF will weaken...
Tiger and Virgin will also be feeling the pressure. Considering Virgin reduced their profit forecast twice, it's obvious the financial impact we're already seeing...
Good to see Qantas however maintaining their forecast...
The market is relatively saturated with capacity. Due to GFC, LCC's enjoyed greater then normal patronage as price drove consumer choice.
As the economy is rebounding, full-service traffic is returning. Premium traffic is also returning quickly and levels are already pre GFC for Qantas. This will in-turn soften LCC demand and with the market over-capacity, naturally SF will weaken...
Tiger and Virgin will also be feeling the pressure. Considering Virgin reduced their profit forecast twice, it's obvious the financial impact we're already seeing...
Good to see Qantas however maintaining their forecast...
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Jetstars loads are certainly down (not helped when they swap & change the schedule around every month and drop flights) But then VB's loads are down a bit to, lots of 700's coming in lately.
I would be very surprised if QF mainline were to come back here, the LST - MEL route seems to be serviced reasonably well by the Dash 8.
I also heard a rumour that QF is looking at going back to OOL ex SYD and MEL, and also LST ex SYD and MEL.
Nunc est bibendum
I also heard a rumour that QF is looking at going back to OOL ex SYD and MEL, and also LST ex SYD and MEL.
I agree that load factors have been great recently although it is the beginning of school holidays around the place so perhaps that has a bit to do with it.
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Hi,
Guys lets not get carried away!
Virgin Blue also reported lower load factors for the same period:
Virgin Blue’s domestic load factors fall in May | Centre for Asia Pacific Aviation - CAPA
However it seems QF and JQ are adding more capacity than both Virgin and Tiger.
I wonder what Virgins current market share is?
Cheers
Guys lets not get carried away!
Virgin Blue also reported lower load factors for the same period:
Virgin Blue’s domestic load factors fall in May | Centre for Asia Pacific Aviation - CAPA
However it seems QF and JQ are adding more capacity than both Virgin and Tiger.
I wonder what Virgins current market share is?
Cheers