In Istanbul, Qantas CEO Alan Joyce announced on Monday that air fares are starting to stabilize as the global airline network recovers from the impact of the pandemic. The aviation industry has been witnessing a surge in air fares worldwide due to a quicker-than-anticipated rebound in travel.
Joyce expressed his optimism by stating that Qantas plans to fully reinstate its international network to pre-COVID-19 levels by March of next year, while domestic operations are expected to reach 115% capacity in the coming year.