Qantas Group projects domestic capacity to return to 90% of pre-COVID levels in Q4 FY21

Qantas Group has released encouraging projections for Q4 FY21, ending June 30, highlighting its recovery from the effects of the COVID-19 pandemic on air travel. While Group domestic capacity should reach 90% of pre-COVID levels for the last quarter, subsidiary Jetstar looks likely to exceed 100% thanks to a strong leisure demand. Forward projections into FY22 should see Qantas operating at 107% pre-COVID level and Jetstar at 120%. According to Group CEO Alan Joyce: “Corporate travel, including the small business segment, is now back to around 65% of pre-COVID levels, and increasing month-on-month.” The Group had been hard hit by Read more
