© Reuters. FILE PHOTO: Qantas planes are seen at Kingsford Smith International Airport in Sydney, Australia, March 18, 2020. REUTERS/Loren Elliott/File Photo/File Photo

(Reuters) – Australia’s Qantas Airways Ltd said on Thursday it needs to “rebalance” capacity and airfares to cover the cost of surging fuel prices, cutting its domestic capacity by a few basis points.

Qantas said domestic flying levels for July and August have been lowered from 107% of pre-COVID-19 levels to 103% but it did not provide further clarity on fares, adding that the adjustments were not expected to materially impact customers.

Source link


Please enter your comment!
Please enter your name here