Australian airline Qantas announced Tuesday that it will cut its international flights by 90 percent through May due to falling demand for the COVID-19 pandemic.
The measure, which takes effect on March 31, implies that about 150 aircraft will be grounded, the Qantas group said in a statement, in a context in which more than 80 countries have imposed travel restrictions in the wake of the pandemic .
The 90 percent reduction in the Qantas group’s international capacity until the end of May, which will be reviewed after that date, is a drastic move against the 23 percent cut announced last week.
Domestic flight capacity will be cut by up to 60 percent, compared to the recent announcement of a 5 percent reduction.
Analysts from the Center for Aviation (CAPA) warned on the eve that most airlines may fail in late May due to flight cancellations and the drop in passenger numbers caused by the coronavirus pandemic.
On Monday, New Zealand airline Air New Zealand announced that it will reduce its capacity by 85% in the coming months and will keep operations to a minimum so that New Zealanders can return to their country and maintain links with Asia and the United States.