Chief executive Alan Joyce also said the airline is operating at 20 per cent pre-COVID-19 capacity, and not the 45 per cent it had initially hoped.
Qantas final 747 departed Sydney for Los Angeles on Wednesday, but not before tributes flooded in for the most iconic aircraft in Australian aviation's history.
As Australia waited for the National Cabinet to announce the return of flying, Alan Joyce seized the initiative early and revealed he’ll hugely increase capacity in July. But will his plan be profitable?
Qantas Group chief executive Alan Joyce said airfares could be half of what they are today as long as it could cover cash costs.
Alan Joyce has pledged to maintain a handful of international flights beyond Qantas’ March grounding to bring stranded Australians home.
Alan Joyce has announced he’ll give up his salary for the remainder of the financial year after the Qantas Group announced capacity cuts equivalent to grounding 38 aircraft.