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Qantas Chief Executive Alan Joyce promised cheap domestic travel when restrictions on state borders are lifted.
“A lot of people wonder what the travel market in Australia will be like when people start flying again,” said Joyce writing an article on LinkedIn.
While Mr. Joyce says there are many things we don’t know, he says he will be competitive with many low rates.
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“The Australian home market has great potential and for that reason, this will never be a one-airline city, or it won’t be for long,” Joyce said.
“The stiff competition has improved Qantas over the years and we don’t want that to stop now.”
And frankly, regulatory pressures on entrenched monopolies tend to make them unattractive.
“Airlines will be eager to stimulate travel demand to get their people and planes back to work and restart their cash flow pipelines, repairing the damage caused by the devastating and sudden drop in revenue.”
“That is good news for consumers because it means so many good deals.”
Joyce says Australians have done a remarkable job flattening the curve and reducing coronavirus infection rates.
“We have to be careful not to brake too soon, but restrictions on domestic travel are likely to be lifted long before international travel.
“For starters, that’s great news for our local tourism industry, with more people on vacation in Australia,” said Joyce.
He says he believes “life will be different as we come out of this crisis.”
“Recovering from the economic shocks will take time for most companies and individuals, but if this period of isolation has taught us nothing more, it is how much we value seeing people and places.
“And that is why aviation will continue to be so important.”
Joyce said a recent survey of her Frequent Flyers showed that about 85 percent are willing to travel again once they can.
“I know that our people cannot wait to receive them again when the time is right.”
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