Bookings Down at Qantas, Steady At Webjet

QANTAS Group says bookings – especially in international markets – have deteriorated during October. It blamed falling consumer confidence and the weakening $A. Qantas made the announcement today while revealing official traffic figures for August, during which loads fell 2.5% to 77.7%. Passenger numbers across Qantas, QantasLink and Jetstar dropped 0.8%. The Qantas Group carried more than 3.2m passengers during the month.

Bookings remain strong at online retailer Webjet but Chairman Alan Nahum was wary about the future. “Currently we see no evidence of cancellations or a slow down in the second quarter but it will not be business as usual in 2009.” He said Webjet’s turnover during the September quarter exceeded A$100m, beating budget. “We are staying with our guidance that we expect net profit to increase by approx 12%.” Travel Trends: October 24, 2008

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