Qantas results 'boosted by Asian travel'

The continued popularity of Asia has helped Qantas Airways towards better results, claims the airline's chief executive officer.

By Southall Travel -Monday, August 23, 2010 11:50 AM

The continued popularity of Asia has helped Qantas Airways towards better results, claims the airline's chief executive officer.

Alan Joyce, explained to Bloomberg, the ongoing popularity of Asian travel has helped to ensure that Qantas remains Australia's leading carrier in providing flights to Thailand, India and Australia.

The airline remains optimistic that earnings will be stronger over the coming months following the implementation of a three-year efficiency plan designed to reduce expenses and focus on the sale of profitable seats to a range of destinations such as Bangkok in Thailand.

He said: "There is still some weakness in the US and UK, but the Asian operations, the domestic operations and the Australian market are seeing a good recovery."

Qantas reported an underlying profit before tax AUD$377 million (£216 million) for the year ending June 30th 2010. This result was in line with market expectations and is one of the few international airlines to record successive 12-month profits.

Written by Nicholas Scott ADNFCR-1809-ID-800035094-ADNFCR

Create Your Own Travel Plan

Depart From

Destination

Airport [A-Z]

Trip Type
- Return
- One Way

Depart Date

Return Date

Direct Flights Only
Flexible Date (+/- 3 days)

Cabin

Adults
Children
Infant

[Age 12+]
[2–11]
[0–2]

Airline

World Travel News Archives

Southall Travel on Facebook - Become a Fan!

Our Team of Experts is eager to assist you with your holiday planning and bookings.
Call us for best fares on flights from UK.
All prices inclusive of pre payable taxes and charges.
Subject to Availability.