QF grip weakens as rivals edge closer

QF grip weakens as rivals edge closer
By admin

Qantas’s grip on international passenger traffic from Australia has weakened again as Emirates, Singapore Airlines and Virgin Australia all made headway.

Latest government figures for May show Qantas Airways market share dipped from 19.2% in 2011 to 18.4%.

Jetstar also saw a slight decline, from 8.2% to 8%.

Singapore Airlines retained its spot as the largest overseas carrier by share, capturing 9.4% of the market, a rise of 0.6 percentage points from last May.

The biggest gain was seen by Virgin Australia whose market share climbed from 6.8% to 8.9%.

Emirates also saw year-on-year growth, rising from 7.7% to 8.3%.

Air New Zealand sits just behind Jetstar, with 7.7% of the market, followed by Cathay Pacific, down 0.2 points to 4.6%, Malaysia Airlines, down one percentage point to 3.6% and Thai Airways, up 0.5 points to 3.6%.

AirAsia X made the top 10 with a market share of 3%, up from 2.4% 12 months ago.

The total number of passenger who travelled to and from Australia in May was 2.097 million, a slight increase of 0.8%.

March 2011 remains the only period since the same month in 2009 to register a decline in monthly passenger traffic.

Email the Travel Weekly team at traveldesk@travelweekly.com.au

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