SYDNEY, Jan 13 (Reuters) - Qantas Airways Ltd QAN.AX expects to run at 60% of pre-pandemic home cap
SYDNEY, Jan 13 (Reuters) – Qantas Airways Ltd QAN.AX expects to run at 60% of pre-pandemic home capability within the March quarter, beneath its earlier forecast price of almost 80%, due to pandemic-related state border closings, its CEO mentioned on Wednesday.
The airline on Dec. three forecast home capability would attain 68% of pre-pandemic ranges in December and almost 80% within the March quarter earlier than a pre-Christmas outbreak of COVID-19 circumstances in Sydney that unfold to Melbourne prompted different states to close their borders.
“Our forecast now’s for the third quarter for the monetary yr … will probably be at 60% of pre-COVID home capability ranges,” Qantas Chief Govt Alan Joyce mentioned in an interview on the Reuters Subsequent convention.
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(Reporting by Byron Kaye and Jamie Freed; Enhancing by Himani Sarkar)
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