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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

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Qantas hopes to reach pre-COVID capacity by March 2024.

Qantas aircraft are seen on the tarmac at Melbourne International Airport in Melbourne, Australia, Nov. 6, 2018. REUTERS/Phil Noble
Qantas aircraft are seen on the tarmac at Melbourne International Airport in Melbourne, Australia, N... Qantas aircraft are seen on the tarmac at Melbourne International Airport in Melbourne, Australia, Nov. 6, 2018. REUTERS/Phil Noble
Qantas aircraft are seen on the tarmac at Melbourne International Airport in Melbourne, Australia, Nov. 6, 2018. REUTERS/Phil Noble
Qantas aircraft are seen on the tarmac at Melbourne International Airport in Melbourne, Australia, N... Qantas aircraft are seen on the tarmac at Melbourne International Airport in Melbourne, Australia, Nov. 6, 2018. REUTERS/Phil Noble

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On Friday, Qantas Airways Ltd. (QAN.AX), Australia’s flag carrier, said it wants to add seats and aircraft to its worldwide network to reach around 100% of pre-COVID-19 levels by March 2024.

Qantas announced it would add 1 million foreign seats over a year starting in late October. In the past six months, it has reintroduced five international planes and will lease two Airbus A330s from Finnair to increase capacity.
“The rebound in demand for international travel since borders reopened has been incredibly strong,” CEO Alan Joyce noted a supply-demand imbalance for international flights.

Due to high travel demand, Qantas made a record profit in the first half of this financial year.

It claimed it would need 300 more pilots and cabin workers by year’s end to accommodate extra flying.

In March, Qantas announced it would create 8,500 highly skilled jobs in Australian aviation over the next decade, including 1,600 pilots and 4,500 cabin crew posts.

The airline announced Friday that building had begun on a Sydney flight training center that would teach up to 4,500 Qantas and Jetstar pilots and cabin personnel annually from early 2024.


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