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Qantas to cut more domestic capacity after W. Australia delays border opening

SYDNEY (Reuters) -Qantas Airways Ltd will cut domestic capacity by 10 more percentage points, to 60% of pre-pandemic levels, in the March quarter after the state of Western...
Qantas to cut more domestic capacity after W. Australia delays border opening © Reuters. FILE PHOTO: A ground worker walking near a Qantas plane is seen from the international terminal at Sydney Airport, as countries react to the new coronavirus Omicron variant amid the coronavirus disease (COVID-19) pandemic, in Sydney, Australia, November 2

SYDNEY (Reuters) -Qantas Airways Ltd will cut domestic capacity by 10 more percentage points, to 60% of pre-pandemic levels, in the March quarter after the state of Western Australia indefinitely delayed opening its border, the carrier said on Friday.

The opening planned for Feb. 5, was cancelled https://www.reuters.com/world/western-australia-state-stay-shut-omicron-stalks-east-2022-01-20 late on Thursday, with authorities in Western Australia citing health risks from a surge in the Omicron variant of coronavirus in eastern states.

In a statement, Qantas said, "The group retains the flexibility to adjust flying levels depending on demand and clarity on border re-opening in the weeks and months ahead."

Last week, the airline had pared about a third of planned domestic and international capacity in the March quarter, to better match demand amid rising COVID-19 infections.

Preparing for a surge in demand, it had recently recalled about 11,000 staff who had been idled without pay during the pandemic.

The move increased fixed costs and the recent capacity cuts will squeeze revenue and reduce margins.

Qantas, which ends its financial year in June, said it would give more details on the impact of the changes in half-year results late next month.

Rival Virgin Australia said it would review its flight schedule to Western Australia to keep in line with the state's arrangements to re-open its borders.

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27-05-2022 08:58:06 (UTC+7)

EUR/USD

1.0763

+0.0039 (+0.36%)

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↑ Buy

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EUR/USD

1.0763

+0.0039 (+0.36%)

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GBP/USD

1.2664

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USD/JPY

126.79

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AUD/USD

0.7135

+0.0037 (+0.51%)

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EUR/JPY

136.46

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1.0298

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Gold Futures

1,854.08

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Silver Futures

22.097

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Copper Futures

4.2885

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Crude Oil WTI Futures

114.39

+0.30 (+0.26%)

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Neutral

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114.64

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Natural Gas Futures

8.870

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US Coffee C Futures

225.78

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Euro Stoxx 50

3,740.31

+92.75 (+2.54%)

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Sell

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S&P 500

4,057.84

+79.11 (+1.99%)

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DAX

14,231.29

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FTSE 100

7,564.92

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Hang Seng

20,740.00

+623.80 (+3.10%)

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US Small Cap 2000

1,838.24

+39.07 (+2.17%)

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IBEX 35

8,888.80

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BASF SE NA O.N.

50.790

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Neutral

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Bayer AG NA

65.90

+2.12 (+3.32%)

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198.80

+1.32 (+0.67%)

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176.76

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6.850

+0.073 (+1.08%)

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118.52

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10.414

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 EUR/USD1.0763↑ Buy
 GBP/USD1.2664↑ Buy
 USD/JPY126.79↑ Sell
 AUD/USD0.7135↑ Buy
 USD/CAD1.2753↑ Sell
 EUR/JPY136.46↑ Buy
 EUR/CHF1.0298Buy
 Gold1,854.08↑ Buy
 Silver22.097↑ Buy
 Copper4.2885↑ Buy
 Crude Oil WTI114.39Neutral
 Brent Oil114.64Neutral
 Natural Gas8.870↑ Sell
 US Coffee C225.78↑ Sell
 Euro Stoxx 503,740.31Sell
 S&P 5004,057.84↑ Sell
 DAX14,231.29↑ Sell
 FTSE 1007,564.92↑ Sell
 Hang Seng20,740.00Neutral
 Small Cap 20001,838.24Buy
 IBEX 358,888.80↑ Sell
 BASF50.790Neutral
 Bayer65.90↑ Buy
 Allianz198.80↑ Buy
 Adidas176.76↑ Buy
 Lufthansa6.850↑ Buy
 Siemens AG118.52↑ Buy
 Deutsche Bank AG10.414↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,820/ 6,920
(0/ 0) # 1,701
SJC HCM6,840/ 6,940
(10/ 10) # 1,721
SJC Hanoi6,840/ 6,942
(10/ 10) # 1,723
SJC Danang6,840/ 6,942
(10/ 10) # 1,723
SJC Nhatrang6,840/ 6,942
(10/ 10) # 1,723
SJC Cantho6,840/ 6,942
(10/ 10) # 1,723
Cập nhật 27-05-2022 08:58:08
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ↀ Giá vàng thế giới
$1,854.51+0.390.02%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V31.25031.870
RON 95-III30.65031.260
E5 RON 92-II29.63030.220
DO 0.05S25.55026.060
DO 0,001S-V26.35026.870
Dầu hỏa 2-K24.40024.880
ↂ Giá dầu thô thế giới
WTI$113.25-0.26-0.23%
Brent$114.50-0.06-0.06%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.030,0023.340,00
EUR24.263,1125.622,23
GBP28.523,9629.740,84
JPY177,60188,03
KRW15,9119,38
Cập nhật lúc 08:50:56 27/05/2022
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