Qantas trims capacity guidance on higher fuel costs

Qantas has revised its capacity guidance for the January-March quarter of 2027 due to increased fuel expenses. The Australian carrier and its low-cost subsidiary, Jetstar, will reduce their overall capacity by 4% during this period. Domestic flying is expected to experience more significant cuts in capacity compared to earlier projections. This adjustment reflects a substantial rise in operating costs associated with jet fuel. Qantas Group announced these changes in a market update released on November 6th.