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APRIL 2021

Week 15

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Qantas Group lifts domestic capacity forecast to 90% of pre-pandemic levels; Jetstar to operate 787s on Australian network

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April 15th 2021

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Qantas Group CEO, Alan Joyce, said today there were positive signs of a sustained recovery as the domestic market remained open and quarantine-free travel with New Zealand prepared to kick off next week. Read More » The airline group today lifted its domestic capacity outlook. Qantas is expected to be at 90% of pre-COVID-19 levels by June 30 and its LCC, Jetstar, forecast to be at 100% due to strong leisure demand. The group had expected to be at 80% by the end of fiscal 2020/21. Despite the improvement in the domestic market, Joyce said the company would remain in the red for a second consecutive year. "It’s important to keep this uptick in perspective," Joyce said in a statement. "We are still facing a massive financial loss this year, which will be the second one in a row. We’ve lost more than A$11 billion (US$8.5 billion) in revenue since the pandemic started. That number will keep growing until international travel recovers.”

Jetstar planned to return up to five of its 11 787-9s to service domestic routes from June 1. The 787s normally operate internationally. As previously announced, six A320s from Jetstar Japan are being redeployed to the Australian market.

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