{"id":380265,"date":"2020-10-24T08:34:24","date_gmt":"2020-10-24T03:04:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=380265"},"modified":"2020-10-24T09:02:35","modified_gmt":"2020-10-24T03:32:35","slug":"qantas-says-australia-virus-travel-curbs-cost-it-71-mn-in-quarterly-profit","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/qantas-says-australia-virus-travel-curbs-cost-it-71-mn-in-quarterly-profit\/","title":{"rendered":"Qantas says Australia virus travel curbs cost it $71 mn in quarterly profit"},"content":{"rendered":"<p>SYDNEY (Reuters) &#8211; Qantas Airways Ltd said on Friday that Australian state border closures due to the coronavirus pandemic had cost it A$100 million ($71 million) in earnings in the first quarter and would have a negative impact in the second quarter as well. <\/p>\n<p>The airline is running less than 30% of its normal domestic capacity due to border closures, having earlier expected to be operating around 60% at this time, Qantas Chief Executive Alan Joyce said in a speech at the airline&#8217;s annual meeting of shareholders. <\/p>\n<p>&#8220;Essentially, this is a timing issue,&#8221; he said. &#8220;We know the upswing will materialise &#8211; just later than planned.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SYDNEY (Reuters) &#8211; Qantas Airways Ltd said on Friday that Australian state border closures due to the coronavirus pandemic had cost it A$100 million ($71 million) in earnings in the first quarter and would have a negative impact in the second quarter as well. The airline is running less than 30% of its normal domestic capacity due to border closures, having earlier expected to be operating around 60% at this time, Qantas Chief Executive Alan Joyce said in a speech at the airline&#8217;s annual meeting of shareholders. &#8220;Essentially, this is a timing issue,&#8221; he said. &#8220;We know the upswing will [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-380265","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/380265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=380265"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/380265\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=380265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=380265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=380265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}