Qantas Airways Group pax numbers stable at 4m in Sep-2013, group yields down

Qantas Airways Group passenger numbers stable - traffic highlights for Sep-2013:

• Passenger numbers: 4.0 million, -0.1% year-on-year;
• • Qantas Domestic: 1.4 million, -2.9%;
  • Qantas International: 494,000, +2.2%;
  • Jetstar Domestic: 1.0 million, +1.7%;
  • Jetstar International: 405,000, -3.1%;
  • QantasLink: 440,000, -2.5%;
  • Jetstar Asia: 302,000, +12.6%;
• Passenger load factor: 78.5%, -2.0 ppts;
• • Qantas Domestic: 75.1%, -2.2 ppts;
  • Qantas International: 83.7%, -2.2 ppts;
  • Jetstar Domestic: 79.7%, -1.0 ppts;
  • Jetstar International: 72.6%, -2.2 ppts;
  • QantasLink: 62%, -7.1 ppts;
  • Jetstar Asia: 77%, +2.5 ppts. [more - original PR]

Qantas: "For the financial year to date, Qantas Group yields were lower than the prior corresponding period, reflecting continued challenging market conditions on domestic and international routes. Total Domestic (comprising Qantas Domestic, QantasLink and Jetstar Domestic) yields were lower as a result of continued market capacity growth and weak demand in the leisure and regional segments. Qantas International yields were lower than the prior corresponding period due to high levels of competitor capacity growth, and an increase in Qantas' available capacity to Asia," Source: Company statement, 31-Oct-2013.