Airline battle hurts Qantas revenues

THE battle over Australia's skies between Qantas Airways and Virgin Australia continues to eat into the Flying Kangaroo's revenues.

Although Qantas's monthly traffic figures published on Friday showed an increase in the number of domestic passengers, the extra seats that have gone into the market in recent times has resulted in a fall in revenue.

Passenger numbers on Qantas's domestic operations, which includes regional flying by Qantaslink, rose 5.9 per cent to 1.97 million in October, compared with the same month a year ago.

However its revenue seat factor - an industry measure for the number of passengers flown and how far they fly - fell 3.5 percentage points to 78.2 per cent.

The October 2011 traffic numbers included the impact of the grounding of the entire Qantas fleet as part of an industrial dispute with unions.

Read more at News.com.au
 

Topics:  industrial action, qantas, virgin australia



Local Real Estate

finda logo
Featured Real Estate
Priced To Sell $165,000
House 3 1 1
Vacant Building Block $45,000
Residential Land 0 0
Million $ Views without... Auction at Picnic...
House 4 1 1
DESIRABLE LOCATION $569,000
House 5 2 2

Featured Jobs

finda logo

Ipswich jobs listed daily

Featured Jobs
Currey Flowers West Ipswich Casual PerHour
Cook/Commis Chef/Chef de... Aratula Full Time 50,000 - 56,000 PerAnnum
EARN CA$H! Distributors... EARN CA$H! Distributors needed. Earn while you walk. Drop & collect catalogues ...
Bobcat Excavator... Minden Full Time



Local Partners

Local Profile

Horoscopes

Virgo

Your dreams are vivid, and there may be some psychic experiences that will help you come to a conclusion over a problem. Trust your instincts.

read more

Marketplace

Special Offers & Promotions

Compare & Save