PPRuNe Forums - View Single Post - QF Group possible Redundancy Numbers/Packages
Old 12th Jun 2020, 08:58
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logansi
 
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Originally Posted by ozbiggles
You can think what you want but International travellers won’t be allowed back into the country without a 14 day isolation at their own cost for a loooooong time yet. There are not going to be to many rushing for that deal. The governments haven’t done all this just to start from scratch again. If Qantas don’t downsize they will be the only major airline in the world to achieve it. You can toss around percentages of the market, but that market won’t have anywhere near the number of passengers it used to...there not allowed into the county.
IN 2018 there were 8.5 million international visitors, it was projected to hit 10 million in 2020. There are an awful lot of domestic trips that they won’t be taking now.
While I'm sure the reduced international visitors will impact domestic demand as well, it may be largely offset by an increase in domestic travel by Australians unable to travel overseas.
The best evidence we have right now is China where domestic flights are no up to 80% of pre-covid levels.
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