Qantas Group recovery “gathers speed”

In a market update, Qantas group reports that its group domestic capacity has increased beyond previous estimates to reach 90% of pre-COVID levels in Q4 FY21; with Jetstar to exceed 100 per cent due to strong leisure demand. The airline states that all Qantas and Jetstar domestic crew are now back at work. Qantas states that its recovery strategy “puts short term focus on cash positive flying over profit margins” in order to keep fares low to help drive demand. Qantas is continuing to target resumption of rest of international network from late October. The airline reports that growing domestic