Qantas to Start Repairing Finances by June as Local Demand Jumps
- Domestic capacity at almost 80% of normal levels next quarter
- ‘We’re optimistic about the recovery,’ CEO Alan Joyce says
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Qantas Airways Ltd. expects to start repairing its finances within months and said it’s upbeat about a recovery after a rebound in sales on the airline’s domestic network.
Qantas will fly the vast majority of its normal domestic schedule next quarter after major state borders inside Australia reopened, it said Thursday. By June, the airline will be generating enough cash to begin fixing its balance sheet, it said.