OzJet Says Business on Budget as Load Factors Reach 50 Percent
Feb. 12 (Bloomberg) -- OzJet Airlines Pty., which started Australia's only all business-class service in November, is on budget and filling half its seats, Chairman Paul Stoddart said.
OzJet runs 60-seat Boeing Co. 737 jetliners to compete with Qantas Airways Ltd., Australia's biggest carrier, and No. 2 Virgin Blue Holdings Ltd., on services between Melbourne and Sydney, the country's busiest route. After a slow start, it now has passengers for about half the seats on its three aircraft, Stoddart told Nine Network's Business Sunday program.
"The bookings over the last couple of weeks have really, really picked up," he said. "It's fair to say that it is now meeting our expectations."
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