Qantas Boss Shows Capacity for Optimism But…

QANTAS Group is cautiously optimistic about the near future. CEO Alan Joyce yesterday said Qantas expects to increase aircraft capacity across its brands – Qantas and Jetstar – by 10% over the next six months “while retaining the capacity to optimise”: ie switch aircraft between international and domestic, Qantas and Jetstar. This flexibility saw Qantas Group announce a respectable before tax profit of A$377m. Joyce said business demand has been encouraging but warned that the low cost leisure market is under “some pressure”, evidenced by Jetstar’s half-price sale this week.

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