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MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  Qantas Airways Limited    QAN   AU000000QAN2

QANTAS AIRWAYS LIMITED

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Qantas Airways : Jetstar returns to the skies in New Zealand

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09/15/2020 | 08:52am EDT

Auckland - Jetstar has announced today it will resume domestic services in New Zealand from 17 September. The decision comes after it was confirmed that on-board social distancing restrictions will be eased, allowing airlines to utilise the middle seat.

After a four-week suspension, the airline will resume up to 75 flights on six domestic routes, approximately 60 percent of its pre-COVID schedule.

In keeping with government requirements, masks will be mandatory on all services, with Jetstar's Fly Well packs, which include masks and sanitising wipes, available at the gate and on board.

Jetstar Group CEO, Gareth Evans, thanked customers for their patience and support over the past few weeks.

'We're really pleased to get our planes and our people back in the sky, right in time for school holidays so we can help reconnect family and friends across the country,' Mr Evans said.

'We also know that our low fares services help to bring more people to the communities we fly to - boosting local economies and creating jobs - which is vital after what has been a tough period for many small businesses and towns.

'New Zealanders love to explore their own back yard - the bounce back in demand following our previous suspension was really strong. We know Kiwis are excited about getting back in the air to visit loved ones or discover a new part of this incredible country.'

Jetstar's New Zealand current domestic schedule for September is:

Auckland to Christchurch (up to 21 weekly return flights)

Fares from $74 (one way) on jetstar.com

Auckland to Dunedin (up to 7 return weekly flights)

Fares from $61 (one way) on jetstar.com

Auckland to Wellington (Up to 14 return weekly flights)

Fares from $49 (one way) on jetstar.com

Auckland to Queenstown (up to 21 return weekly flights)

Fares from $105 (one way) on jetstar.com

Christchurch to Wellington (up to 7 return weekly flights)

Fares from $105 (one way) on jetstar.com

Wellington to Queenstown (up to 7 return weekly flights)

Fares from $95 (one way) on jetstar.com

Fly Flex: Customers who were impacted by the suspension of our services and received a voucher can now redeem their credit on multiple bookings, where any outstanding credit can be used towards another. Vouchers also are valid for a longer period. More information on https://www.jetstar.com/nz/en/travel-alerts.

Fly Well: Jetstar has a series of new and existing wellbeing improvements as part of their Fly Well Program to help returning customers to feel comfortable.

Contact

photo:Jetstar AU & NZ Media

Jetstar AU & NZ Media

jetstarmedia@jetst

(C) 2020 Electronic News Publishing, source ENP Newswire


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Sales 2021 6 106 M 4 353 M 4 353 M
Net income 2021 -920 M -656 M -656 M
Net Debt 2021 5 352 M 3 816 M 3 816 M
P/E ratio 2021 -8,00x
Yield 2021 -
Capitalization 8 595 M 6 123 M 6 128 M
EV / Sales 2021 2,28x
EV / Sales 2022 0,93x
Nbr of Employees 20 000
Free-Float 99,4%
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Number of Analysts 12
Average target price 4,59 AUD
Last Close Price 4,58 AUD
Spread / Highest target 28,8%
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Spread / Lowest Target -34,5%
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NameTitle
Alan Joseph Joyce CEO, Executive Director & Managing Director
Richard J. B. Goyder Chairman
Vanessa Hudson Chief Financial Officer
Robert Marcolina Group Executive-Strategy, Innovation & Technology
Barbara Kay Ward Independent Non-Executive Director
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