Jetstar International still the shining star as Qantas Group yield and load factor slumps in March

Premium Analysis

Jetstar, and particularly its international operations provides a glimmer of hope for the Qantas Group, as the Australian domestic market continues to deteriorate. Domestic yields had been hovering in the negative low single-digit range for much of the past financial year until January. February’s 9.7% plunge was followed by a 10.1% reduction in domestic yield in March, reflecting the Australian economy’s move into recession.

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