Qantas Group yields slowly improving, profit guidance hazy
Qantas reported improved yields in Nov-2009, with domestic yields down by only 3.7% in Nov-2009, for the smallest contraction in ten months. International yields fell by 19.2%, for the smallest reduction since Apr-2009. The yield reductions also reflect structural changes in the group's flying operations involving the shift in capacity share from Qantas mainline operations to Jetstar's lower cost (and lower yielding) operations over the past 12 months.
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