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Qantas is confident it will return to 100% of its pre-Covid capacity in 2024 - TL;DR CNBC

Qantas is confident it will return to 100% of its pre-Covid capacity in 2024

Publishing timestamp: 2023-02-23 04:17:00


Summary

Qantas CEO Alan Joyce reported record half-year profits in six months ended December 2022 and is confident that the airline will see a full return to pre-Covid capacity in 2024. He also noted that the biggest roadblock for Qantas is the supply chain associated with aircraft, and that the return of Chinese travelers will be beneficial for the airline.


Sentiment: POSITIVE

Tickers: QAN-AU

Keywords: australiabusiness newsearningsairlineschinaalan joyceqantas airways ltd

Source: https://www.cnbc.com/2023/02/23/qantas-confident-it-will-return-to-100percent-of-pre-covid-capacity-in-2024.html


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