Industry update – Qantas Group gears up for busy end to FY23

Qantas and Jetstar are gearing up for a busy school holiday period, as travellers make the most of additional capacity and new routes.

The Group expects to carry more than 4 million passengers over the school holiday period[1]. Top domestic leisure destinations include the Gold Coast and Cairns, while new international routes including Sydney-Auckland-New York and Perth-Rome are heavily booked.

Travel demand remains strong and data shows that consumers continue to prioritise travel over other spending categories. The Group remains on track to deliver the financial performance for FY23 outlined in its May market update.

Below is a summary of recent developments across the Group, with a particular focus on improving the journey for customers.

FLEET

The Group has taken delivery of six new aircraft since the start of calendar 2023.

This month, Jetstar received its eighth Airbus A321neo LR with a ninth due in July – towards a total of 18 to be delivered by the end of next calendar year. These aircraft burn up to 20 per cent less fuel and are up to 50 per cent quieter than previous generation aircraft.

Qantas has received two new Boeing 787 Dreamliners since late April. A third aircraft, which will bring the 787 fleet to 14, is now expected to arrive in mid-July due to further delivery delays at Boeing.

Qantas’ eighth A380 is also expected to re-enter service in early July after engineering checks and cabin refurbishment.

Three QantasLink 717s have now been retired – representing 15 per cent of this fleet type – ahead of new Airbus A220s arriving later this year.

NETWORK

Qantas Group international capacity continues to climb back towards pre-COVID levels. Qantas and Jetstar have announced or resumed a number of routes over the past six weeks, including:

Qantas:

Yes
No
Not applicable
Route
Launch date
Services per week
Sydney – Shanghai
29 October 2023
· Daily
Brisbane – Wellington
29 October 2023
· Daily
Brisbane – Honiara
29 October 2023
· Three
Perth – Rome*
18 June 2023
· Three
Sydney – New York
14 June 2023
· Three
· Four from Oct
Melbourne – Hong Kong
20 June 2023
· Three
· Four from mid-July
· Daily from Oct
Sydney – San Francisco
23 May 2023
· Three

* Seasonal service
Qantas Group Domestic capacity is now back to pre-COVID levels. Qantas will increase domestic services from Adelaide to Kangaroo Island and Whyalla in South Australia.

Jetstar:

Yes
No
Not applicable
Route
Launch date
Services per week
Brisbane – Osaka
2 February 2024
· Four
Brisbane – Seoul
1 February 2023
· Three
Brisbane – Narita^
31 October 2023
· Five
· Daily from December
Sydney – Rarotonga
29 June 2023
· Three
Newcastle – Cairns*
24 June 2023
· Three
Brisbane – Ayres Rock (Uluru)*
22 June 2023
· Three

^Service swapped from Gold Coast

*****Seasonal service

Jetstar has also announced it will boost capacity on its Adelaide to Denpasar route, with two of the airline’s new A321neo LRs to be based in Adelaide, as well as increasing frequency on a number of routes, including:

CUSTOMER

The Group continues to invest heavily in the customer experience as it switches from recovery to growth. Passengers are continuing to benefit from a number of new offers and initiatives:

Important information

manual
d-1
Forecast domestic and international passengers on Qantas and Jetstar Airways over the holiday period from late June to late July.