Qantas delays restarting overseas flights until December


The Sydney-based airline aims to open its overseas network from late December rather than the end of October, it said in a statement yesterday.

SYDNEY: Qantas Airways Ltd pushed back the restart of international flights because of delays to Australia’s vaccination programme and indications from the government that it will keep borders mostly closed until mid-2022.

The Sydney-based airline aims to open its overseas network from late December rather than the end of October, it said in a statement yesterday.

It will rely on a domestic travel boom and potential air-travel bubbles to underpin a recovery in the meantime.

Qantas increased services to New Zealand following the opening of a quarantine-free two-way travel bubble with Australia, but other international routes remain suspended as a wider resumption of travel is dogged by domestic vaccination delays.

After suppressing Covid-19, the Australian government expected inoculations to be largely complete by October. That’s been pushed to 2022 because of complications tied to the AstraZeneca Plc shot.

“We remain optimistic that additional bubbles will open once Australia’s vaccine rollout is complete to countries who, by then, are in a similar position, ” Qantas said. “But it’s difficult to predict which ones at this stage.”

Qantas shares dropped 3.2% to A$4.52 (RM14.50) at noon in Sydney yesterday, trading at their lowest since Feb. 1.

The government said in its budget yesterday that inbound and outbound international travel is expected to remain low until mid-2022. Trade Minister Dan Tehan said last week the country’s borders may not completely open until late 2022. ─ Bloomberg

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Qantas , overseas , flights , restarting , december ,

   

Next In Business News

MICG: Regrettable for listed company to file suit against external auditor
OM trading at big premium against shares on ASX
Ringgit extends gains on rising crude prices, improved risk appetite
Quick take: Eco World Development rises on in-line earnings
Bursa rides on coattails of Wall St, Asian markets rally
Quick take: Handal rises 4% on ExxonMobil contract win
Trading ideas: Handal, Malakoff, Solarvest, Eco World, Gamuda
Maybank IB upgrades Eco World Development to 'buy' on share price weakness
Kenanga trims earnings projection on Gamuda
Job hole or inflation? Fed policymakers split over risk view

Stories You'll Enjoy


Vouchers