Qantas Airways Limited
(ASX:QAN) chief executive officer Alan Joyce believes the airline will return its international business to a break-even position by fiscal 2015, despite recent pressure on fares as a result of increased capacity, according to media reports.
Mr Joyce told media traffic statistics show international yields are down.
But he says in the medium to long term, the airline is on track to meet targets.
Mr Joyce says the weaker Australian dollar will be beneficial.
Qantas convenes its annual general meeting on Friday in Brisbane, with Mr Joyce likely to make more comments about the airline’s outlook.
Qantas generated a net profit of $6 million in fiscal 2013.
