On page 2 of the announcement:
http://www.qantas.com.au/infodetail/about/investors/trafficStats/April2012.pdf
there were several things that I noted when they break down the business into divisions and look at Apr 2011 with Apr 2012 numbers:
QFd - less passengers, more avail seat kms and revenue seat factor is down (competition with VA starting to bite? Australian business traffic down?)
QFlink - solid growth everywhere, more capacity but revenue seat factor down a little (capacity growth and possible mining boom effect in QLD and WA?)
JQd - growth everywhere but still low revenue seat factors (Tiger gone AWOL and now returning? market saturation? domestic leisure travel stalled?)
QFi - less pax, less revenue kms, capacity down but revenue seat km's going up (turning the corner?)
JQi - seems to have very strong growth but revenue seat factors down (decreasing out bound and inbound tourism?)
JQ Asia - Very large growth in pax, avail seat kms and revenue seat factors (possible asian growth story?)
Anyone else have wisdom in reading these sort of stats?