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Qantas expects to reach 115% of pre-COVID domestic capacity levels by April -Breaking

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© Reuters. FILE PHOTO – A ground worker walks near Qantas’ plane as the world reacts to Omicron, a new variant of coronavirus Omicron, during the COVID-19 pandemic in Sydney (Australia), November 2nd, 2009.

SYDNEY, (Reuters) –Qantas Airways Ltd anticipates reaching more than 115% pre-COVID domestic capacities levels by April when Australian state borders are open. Chief Executive Alan Joyce stated on Tuesday.

At a CAPA Centre event for aviation, he stated that “domestically” there was a huge demand when border gates open. In Queensland alone, we have experienced a 24 hour surge.

From a Dec. 17 estimate, Queensland’s Monday announcement brought forward opening its borders domestically to December 13, from the previous estimate of Dec. 17.

Joyce indicated that Jetstar’s low-cost rival should have 120% domestic capacity before April COVID, and Qantas premium brand should have 115%.

According to him, the airline was on track to choose a supplier to supply more than 100 aircraft to replace its aging domestic fleet by the end the year.

Internationally, recovery will take longer. Qantas, however, will return some super-jumbo A380 planes from Sydney to London and New York next July.

Joyce explained that, despite a decline in international business travel, Joyce believed his airline was still dependent on leisure travellers to generate 60% of its premium revenue. Large companies contribute 20%, while small and medium-sized businesses receive 20%.

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