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Qantas not out of the woods as load factors slump and yields remain stuck below 2008 levels

Qantas’ traffic report for May-2010 shows a continued recovery in international yields, although they are coming off a very low base last year. Between May and October 2009, the airline’s international yields were down by an extraordinary 20-30%. Strong growth off such low levels should be expected over the coming months. But yields remain well below 2008 levels, both internationally and domestically.

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