Qantas to reduce capacity due to surge in fuel prices

Image: Qantas

Australia’s Qantas Airways Ltd said on Thursday it needs to “rebalance” capacity and airfares to cover the cost of surging fuel prices, cutting its domestic capacity by a few basis points.

Qantas said domestic flying levels for July and August have been lowered from 107% of pre-COVID-19 levels to 103% but it did not provide further clarity on fares, adding that the adjustments were not expected to materially impact customers.

Earlier, Qantas Sealed a deal with Zip, offering consumers the option to buy now and pay later on international and domestic tickets. 

As of May 19, Qantas frequent flyers will be rewarded, for using the payment method, Qantas points for every dollar they spent.

The Sydney-based airline became the second Australian airline to use the service after Virgin Australia in 2018.

By Aero News Journal 

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