You searched archives for March 2020
  • QANTAS GROUP UPDATE ON ADDITIONAL LIQUIDITY

    The Qantas Group has completed a new round of debt funding, securing $1.05 billion in additional liquidity to strengthen its position as it manages through the Coronavirus outbreak. This debt has been secured against part of the Group’s fleet of unencumbered aircraft[1], which were bought with cash in recent years. The loan has a tenure […]

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  • QANTAS GROUP OUTLINES CUSTOMER AND EMPLOYEE IMPACT OF CORONAVIRUS-RELATED NETWORK CUTS

    Qantas and Jetstar to suspend scheduled international flights from late March, following latest government travel advice; some ongoing ad hoc services possible. 60 per cent reduction to domestic flights, focused on cutting frequency. Two-thirds of employees to be temporarily stood down to preserve as many jobs as possible longer term. Payment of $201 million shareholder […]

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  • QANTAS GROUP NETWORK CHANGES

    QANTAS Revised Qantas mainline network Region/Port Destination East Coast capitals Sydney-Melbourne (88 return services per week, down from 250) Sydney-Brisbane (50 return services per week, down from 142) Melbourne-Brisbane (36 return services per week, down from 95) East-west Sydney-Perth (25 return services per week, down from 47) Melbourne-Perth (22 return services per week, down from […]

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  • QANTAS GROUP UPDATE ON CORONAVIRUS RESPONSE

    As a result of significant falls in travel demand due to Coronavirus, and new government restrictions across multiple jurisdictions in recent days, Qantas and Jetstar will make further and much larger cuts to domestic and international flying schedules. To be phased in from the end of March 2020 onwards: Total Group International capacity will be […]

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  • QANTAS GROUP STATEMENT ON NEW TRAVEL RESTRICTIONS

    The new restrictions announced by various jurisdictions over the weekend will have a major impact on international and domestic travel demand, which will require further cuts to the Qantas Group’s flying schedule beyond what we announced just last week. We’ve moved immediately to offer a booking waiver to our customers and we’re working through the […]

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