DJ impacts QF yields in the domestic market

[markis10]

Qantas has suffered its first monthly decline in yields from both its domestic and international operations in more than two years, in a further sign of the impact of a fare war with Virgin Australia.

Australia’s largest airline today released its monthly traffic statistics, which showed that total yields for its domestic operations – including Jetstar and QantasLink – were up 4 per cent for the 11 months to May, compared with the same period last year. Yields for the group’s international business rose by 1.5 per cent over the same period.
But excluding Jetstar – which analysts today described as the ‘‘only shining light’’ – the group’s monthly traffic figures reveal the toll the battle with Virgin for passengers on domestic routes is having on the core driver of Qantas’s earnings.

Read more: Faring badly: Qantas yield hurt in price war


​