The Oneworld alliance member is opening two new international routes from Perth, Australia, but plans to make reductions to its domestic operations in the face of high fuel prices.
Routes from Sydney to London and New York are slated to start in late 2025 after the airline unveiled an order for a fleet of ultra-long-range aircraft.
Qantas has confirmed a much-delayed order for the Airbus A350-1000s it will use for its Project Sunrise ultra-long-range flights; it has also finalized orders for Airbus narrowbodies to replace its domestic fleet.
New Zealand’s upcoming move to allow entry for Australian residents will mark the final step in reopening a cross-border market that is crucial to the major airlines in both countries.
The latest capacity cut comes after the state of Western Australia announced it will impose a 'hard border' in an effort to prevent the spread of omicron.
The post-pandemic market share predictions of Qantas and Virgin Australia surpass the 100% mark—and that is before factoring in the growth ambitions of Regional Express (Rex) and the imminent entry of LCC Bonza.