Qantas squeezes more revenue on trans-Tasman route in busier market

Mon, 29 Dec 2014

By Paul McBeth Dec. 29 (BusinessDesk) - Qantas Airways, Australia biggest airline, lifted revenue on trans-Tasman routes by 18 percent last year amid increased traffic flows. The airline's subsidiary Jetconnect, which manages the group's trans-Tasman passenger schedule, lifted operating revenue to $75.3 million in the 12 months ended June 30 from $64 million a year earlier, according to financial statements lodged with the Companies Office. That's the most revenue Qantas has generated from the trans-Tasman route since 2009, and outpaced r...

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