Qantas Group Reduces International Capacity Growth Amid Fuel Crisis Impact
Qantas Group, which includes the mainline operator Qantas and its low-cost unit Jetstar, has announced a reduction in its planned international capacity growth due to significantly elevated fuel prices. Originally, the airline group intended to increase international capacity by 4% year-on-year for the July to September quarter. However, this growth will now be reduced by two percentage points. The decision comes as a response to the ongoing fuel crisis, exacerbated by the conflict in Iran. As part of this adjustment, Qantas will suspend its Sydney-Bengaluru route from August to October and reduce operations on trans-Tasman routes. Additionally, the group will extend its domestic capacity cuts through the end of September, affecting major city routes operated by both Qantas and Jetstar. These changes are part of a broader strategy to redeploy capacity towards European long-haul operations, with additional flights between Perth and Rome extended through October and flights to Paris continuing via Singapore ...