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(Reuters) -Australia's Qantas Airways signalled changes to domestic capacity and fares on Thursday to counter surging fuel prices, saying that it expected strong demand for air travel, sending its shares up nearly 3%.
The Australian flag carrier lowered domestic flying levels for July and August from 107% of pre-COVID-19 levels to 103% but it did not provide further clarity on fares, adding that the adjustments were not expected to materially impact customers.
"In practical terms, these change...
>>> Read more: Australia's Qantas fine-tunes capacity as demand jumps, fuel prices surge
The Australian flag carrier lowered domestic flying levels for July and August from 107% of pre-COVID-19 levels to 103% but it did not provide further clarity on fares, adding that the adjustments were not expected to materially impact customers.
"In practical terms, these change...
>>> Read more: Australia's Qantas fine-tunes capacity as demand jumps, fuel prices surge
