QAN qantas airways limited

News: QAN Qantas domestic capacity running below 40% of pre-COVID levels due to lockdowns - CEO memo

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    SYDNEY, July 22 (Reuters) - Qantas Airways Ltd's (QAN) domestic capacity has fallen to less than 40% of pre-COVID levels due to lockdowns in three Australian states, its chief executive said in a memo to staff, in a setback to what had been a strong recovery.

    State border closures led to the sharp fall in domestic capacity from 90% of pre-COVID levels earlier in July and have dampened the capacity outlook through October, Chief Executive Alan Joyce said in memo dated Wednesday that was reviewed by Reuters.

 
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