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QANTAS AIRWAYS LIMITED

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Qantas Airways : Brisbane Airport welcomes new Jetstar BNE - Canberra flights

06/11/2021 | 10:37am EDT

Brisbane Airport Corporation (BAC) welcomes the announcement of five times weekly Jetstar flights between Brisbane and Canberra commencing 2 September 2021.

Jetstar made the commitment today, marking the first time the low-cost carrier has operated services into Australia's Capital.

Jetstar will offer five return flights per week with an Airbus A320, providing nearly 100,000 seats between the two cities per annum.

BAC CEO Gert-Jan de Graaf said today's announcement is great news for Queensland and Brisbane, with travellers given more options than ever before to take off and enjoy Australia's Capital.

'It is also perfect timing for Canberrans to come up north and experience sunny Brisbane and Queensland.

'I congratulate Jetstar on this exciting news, and my team, and I very much look forward to working together to maximise these new services.

'With today's announcement, Brisbane Airport will exceed pre-COVID capacity on the Brisbane to Canberra route, with up to 10,000 seats per week thanks to the addition of Jetstar's services alongside the existing Qantas and Virgin Australia services.'

Jetstar Group CEO Gareth Evans said this is the sixth new route that Jetstar has announced in the past 12 months, with demand for low fares domestic travel continuing to grow.

'We're excited to introduce our great low fares between Brisbane and Canberra for the first time in our 17-year history and thank Brisbane Airport and the Queensland and ACT Governments for their support.

'Our flights will take off in time for Floriade, helping to bring thousands of Queenslanders to one of the major festivals on Canberra's calendar.

'With international borders closed, there's is huge appetite for low fares travel domestically. We know these flights will be really popular and provide a great boost for tourism operators and businesses as visitors from the ACT chase the warmth up north.'

Queensland Tourism Minister Stirling Hinchliffe said the new Jetstar flights would make it even easier to enjoy a Brisbane getaway.

'We know Canberrans have shivered through a long, cold winter and deserve a healthy dose of Queensland sunshine,' Mr Hinchliffe said.

'Jetstar's new deals are just the excuse you need to come out of the cold and enjoy a great Brisbane visitor experience. Brisbane has the sunshine you'll appreciate plus amazing food, wine, cultural, wildlife and bay experiences, all within easy reach of the city.

'Until mid-October, Brisbane also offers a once-in-a lifetime opportunity to see the European Masterpieces Exhibition direct from New York's Metropolitan Museum of Art.

'Brisbane will be the only place you can experience The Met's European Masterpieces without leaving Australia, so now's the time to start planning your Queensland holiday.'

Schedule	Flight number	Departs		Arrives		Frequency
JQ656 BNE-CBR	1200	1350	Monday, Thursday, Friday, Saturday, Sunday
JQ657 CBR-BNE	1430	1610

(C) 2021 Electronic News Publishing, source ENP Newswire

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Sales 2021 5 867 M 4 325 M 4 325 M
Net income 2021 -1 678 M -1 237 M -1 237 M
Net Debt 2021 4 515 M 3 329 M 3 329 M
P/E ratio 2021 -5,01x
Yield 2021 -
Capitalization 8 633 M 6 376 M 6 365 M
EV / Sales 2021 2,24x
EV / Sales 2022 1,10x
Nbr of Employees 20 000
Free-Float 97,8%
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Vanessa Hudson Chief Financial Officer
Richard J. B. Goyder Chairman
Robert Marcolina Group Executive-Strategy, People & Technology
Barbara Kay Ward Independent Non-Executive Director
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