News: QAN Qantas To Reduce Planned Domestic Capacity After WA Border Decision

Jan 21 (Reuters) - Qantas Airways Ltd (QAN) :

• QANTAS GROUP CAPACITY UPDATE ON WA BORDER DELAY
• REVIEWED ITS DOMESTIC CAPACITY SETTINGS GIVEN DECISION BY WESTERN AUSTRALIAN GOVERNMENT TO INDEFINITELY DELAY REOPENING ITS BORDERS.
• GROUP WILL REDUCE ITS PLANNED DOMESTIC CAPACITY BY APPROXIMATELY 10 PER CENT FROM 5 FEBRUARY THROUGH TO 31 MARCH 2022 AS A PLACEHOLDER.
• RETAINS FLEXIBILITY TO ADJUST FLYING LEVELS DEPENDING ON DEMAND AND CLARITY ON BORDER RE-OPENING IN WEEKS AND MONTHS AHEAD
• WILL MAINTAIN CORE CONNECTIONS BETWEEN PERTH AND REST OF AUSTRALIA
• AFTER WA BORDER ANNOUNCEMENT, TAKES TOTAL GROUP DOMESTIC CAPACITY FOR Q3 OF FY22 TO ABOUT 60% OF PRE-COVID LEVELS
• WILL MAINTAIN UP TO 15 FLIGHTS PER WEEK FROM SYDNEY, MELBOURNE, ADELAIDE, BRISBANE AND DARWIN, SUPPORTING ESSENTIAL PERSONNEL AND FREIGHT