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Jetstar's FY07/08 revenue representing almost 10% of total Qantas Group Revenue

22-Aug-2008

Jetstar reported a strong 2007/08, demonstrating its value to the Qantas Group. Its CEO, Alan Joyce, has won the coveted top job at Qantas, reflecting Jetstar’s performance and his international experience. He will take over from outgoing CEO, Geoff Dixon, later in the year. [1216 words]

Unlock the following content in this report:

Subheadings:

  • Capacity growth averages 55% in FY07/08
  • Load factor improves despite continued capacity expansion; but yield slips
  • Continues focus on low unit costs
  • 9.1 million passengers in FY07/08
  • Domestic and international services represent 21% and 4% of total Group traffic, respectively
  • Darwin: future hub for "near Asian strategy"
  • Applies for codeshare agreement with Japan Airlines
  • Outlook: No change to successful strategy

Graphs and data:

  • Qantas Group revenue by segment: FY07/08
  • Jetstar financial highlights for 12 months ended 30-Jun-08
  • Qantas Group capacity (ASK) growth: Jan-07 to Jun-08
  • Qantas Group passenger load factor growth: Jan-07 to Jun-08
  • Qantas Group passenger number growth: Jan-07 to May-08
  • Jetstar domestic traffic highlights for 12 months ended 30-Jun-08
  • Jetstar international traffic highlights for 12 months ended 30-Jun-08
  • Qantas group passenger capacity and traffic by carriers in FY08
  • Qantas Group passenger numbers by carriers in FY08
  • Australia-Japan capacity (seats) by airline: Week commencing 18-Aug-08
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