These things are manipulated stats for marketing purposes.
What you actually need to look at is the price per ASK, and also the yield per ASK. That tells you the complete story. Who pays the most, on average to fly 1km on that airline and how much does it cost the company to carry that person. For those with enough financial savy to be able to interpret the figures, and not simply buy the hogwash bs at the front of the annual report have a good look in the financial stats.
Bear in Mind though, Both QF
have been working hard to improve things so last years figures are going to be slightly more expensive than this years(in terms of operating costs)
(all companies put it in... im not critising anybody, its merely modern protocol, and appeals to the "mums and dads" shareholders that don't have a bloody clue what their company is actually doing)
This is the free market folks, its capitalism ain't it great! All of what you are witnessing now is nothing but a response to Virgin. Something Ansett never ever was able to achieve (not through lack of trying though).
From what I have been able to determin, Qantas have a domestic cost of about $0.10 per ASK. Virgin a bit over $0.08, and Impusle around $0.087, although this will definately fall when the A320s arrive. They're claiming to the point of $0.078. Now whilest that may not seem like much difference, it effectly means that Virgin Costs ON AVERAGE (important because it can vary significantly depends on actually route.... think about how efficient those A330-300s are. They use less fuel per passenger than the average family car!!!!!) are significantly lower. a $0.02 difference is a 20% costs difference!
As for ontime performance... Well done Qantas. I have heard that it is largely due to a change in workplace practices, especially morning proceedures on the Key East Coast Cityflyer routes. Earlier boarding etc.. Its good to see that kind of improvment. Indeed, Australian carriers generally have good operating conditions. No Snow, little fog, uncongested airspace and only 1 slot restricted airport in the whole country. Given that, they should be able to achieve amoungst the worlds best ontime. Anything less can be more attributed to workplace practices/cultural constraints of the customers( slack arses not turning up ontime and causing delays)
I remember a time just a few years ago, when litereally EVERY SECOND Ansett or Qantas domestic flight i took was delayed by AT
LEAST 20 minutes. How i longed for the efficiency of Lufthansa or SAS.(everything works like clockwork at Lufthansa... you can set your watch by them) Seems like we're getting there now, don't you think?
[Edited 2004-05-16 08:48:34]