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Qantas upbeat as Q3 revenue rises 2.3%

May 09, 2019 / ELLIS TAYLOR

Qantas is on track to deliver record revenue for the financial year after it reported a 2.3% rise in revenue to A$4.4 billion ($3.07 billion) for the quarter ended 31 March. “The group continues to perform well, with strength in key parts of our portfolio helping to hedge against headwinds in other areas,” commented chief executive Alan Joyce in a limited trading update issued by the carrier on 9 May. Strong performance from Qantas's mainline international network over the third quarter helped to deliver overall revenue growth of 2.3% Qantas. The growth in revenue came despite the peak Easter holiday period falling later, pushing it into the fourth quarter.