02-Sep-2009 12:20 PM
Qantas yield contractions continue, but appear to have stabilised; SIA downgraded on yield squeeze
Analysis
Qantas' shares slipped 1.2% yesterday, upon the release of the carrier's Jul-2009 traffic results. The carrier reported continued yield weakness in Jul-2009, with combined domestic yield 12.3% lower year-on-year, with total international yield slumping 21.4%.
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