Joyce doubles down on Qantas securing 70% market share

Qantas CEO Alan Joyce has again suggested that Qantas will secure “at least” a 70% share of the domestic market, despite Virgin in March knocking the Flying Kangaroo down to a 67% share. Joyce said, “We’ll have 70 % domestic share at least, a lot better than we had pre-COVID – that’s where we make the bulk of our money.” He made the comment after suggesting that come Christmas, Qantas will be “back domestically to over 100% of pre-COVID schedule”. “Actually, for the second half of the [financial] year, from January to June, we’re forecasting 110 per cent so we’ll be bigger domestically,” Joyce added. The comments come despite Virgin already sending Qantas’ domestic market share down below 70% in March, as all airlines enjoyed strong domestic demand prior to the current Delta outbreak in Sydney and Melbourne.<br/>