Australia's Qantas Plans Expansion Of International Network With More Aircrafts, New Routes
Portfolio Pulse from Nabaparna Bhattacharya
Qantas Airways plans to expand its international network with more aircraft and new routes amid solid travel demand and aviation industry recovery. The company will add around one million seats to its international network starting late October and aims to reach 100% of pre-covid capacity by March 2024. Qantas will lease two Airbus A330 aircraft from Finnair and introduce more flights to destinations like Tokyo, Los Angeles, and New York.
May 19, 2023 | 12:51 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Qantas Airways is expanding its international network with more aircraft and new routes, aiming to reach 100% pre-covid capacity by March 2024. This expansion could boost Qantas' revenues and stock price.
The expansion of Qantas' international network with more aircraft and new routes indicates a positive outlook for the company amid solid travel demand and aviation industry recovery. This expansion could lead to increased revenues and a potential boost to Qantas' stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100