Business
Qantas CEO bullish against new challengers Rex, Virgin Australia 2.0 – Executive Traveller
Qantas expects to retain the lion’s share of the domestic market, and says uncertainty over Virgin is working in its favour.
Competition for Australia’s domestic travellers will ramp up in early 2021, with Virgin Australia continuing its shift to a more value-driven approach while Regional Express launches Sydney-Melbourne and Sydney-Brisbane flights on its new Boeing 737 fleet.
But Qantas Group CEO Alan Joyce sees little reason to worry, and expects that Qantas and its low-cost arm Jetstar will retain the lion’s share of the market.
We think our market share will be above 70%, and that is sustainable going forward, Qantas…
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