Qantas Group posts third quarter 2019 results

The Qantas Group has continued to deliver revenue growth in the third quarter of its full year 2019 results, despite the company facing ‘significantly’ higher fuel costs compared with last year. Total revenue for the group’s third quarter between January and March grew by 2.3% to AU$4.4 billion (approximately $3.03 billion), with group unit revenue up by 4%. Qantas’ overall market share of corporate travel revenue increased by 2.5% points in the quarter to its highest level in three years, despite a net reduction in capacity. Group International Unit Revenue increased by 6.2%, with a particularly robust performance by Qantas