Qantas Group CEO Alan Joyce says more than 200,000 airfares were sold on Jetstar and Qantas flights to Queensland in the first three days after the border openings with Sydney and Victoria were announced last week.
“We’re also seeing people booking several months in advance, which reflects more confidence than we’ve seen for some time.”
He says domestic capacity is running at 68 per cent of pre-COVID levels for December and will get to almost 80 per cent in the first quarter of 2021.
But he warned that “overall the Group is still a long way off anything approaching normal.
“It’s unclear what shape the domestic economy will be in next year, particularly once broader government support winds back.”
Until a vaccine is rolled out, the risk of more outbreaks remains, says Joyce.
“International travel is likely to be at a standstill until at least July next year and will take years to recover, which means we’re carrying the overhead for billions of dollars worth of aircraft in the meantime.
“We’re also facing a revenue drop of of at least $11 billion this financial year alone compared to pre-COVID.”