According to Fairfax:<\/p>\n
Qantas will make capacity cuts across its international and domestic network equivalent to grounding 18 aircraft until the end of May in response to the coronavirus outbreak, and says deeper cuts and job losses are on the cards if the health crisis is not contained.<\/p>\n
The airline on Thursday said the coronavirus will deliver a blow of up to $150 million to its profit this year, which is three times more than the cost of the 2003 SARS outbreak.<\/p>\n
The carrier will cut flights into Asia by 15 per cent at least to the end of May, pulling back on flights to Hong Kong and Singapore and keeping flights to Shanghai suspended.<\/p>\n
Jetstar flights to Japan and Thailand, and within Asia will be cut by 14 per cent.<\/p>\n
With the loss of passengers feeding into the rest of its network, domestic flights will be cut by around 2 per cent, and flights to New Zealand will be cut by 6 per cent, the airline said.<\/p>\n<\/blockquote>\n\n
Qantas will cut flights across its network in response to the coronavirus crisis, which the airline now expects will deliver a blow of up $150 million to its profit this year https:\/\/t.co\/TpTMOLTxBT<\/a><\/p>— The Sydney Morning Herald (@smh) February 19, 2020<\/a><\/blockquote>