Qantas Cutting Asia Capacity on Coronavirus Outbreak: CEO

The transcript discusses the airline's response to the coronavirus, including financial impacts, capacity reductions, and strategies to manage redundancies. It highlights the company's diversification away from China, the impact of Australian bushfires, and community support efforts. The airline's approach to managing reduced tourism and capacity is also covered, along with future fleet decisions and Project Sunrise negotiations.

What financial impact did Qantas estimate from the coronavirus?

• Between 50 and 100 million

• Between 100 and 150 million

• Between 150 and 200 million

• Between 200 and 250 million

What percentage of Qantas's international operations is linked to China?

• Less than 2%

• Around 5%

• About 10%

• More than 15%

How did Qantas respond to the bushfires in terms of community support?

• By reducing flights to affected areas

• By closing routes permanently

• By raising funds and flying firefighters for free

• By increasing ticket prices

What is Project Sunrise focused on?

• Short-haul flights within Australia

• Direct long-haul flights from Australia to major cities

• Increasing domestic market share

• Reducing operational costs

What is the main focus of Qantas's fleet decision by the end of March?

• Finalizing Project Sunrise

• Deciding on new short-haul aircraft

• Reducing fleet size

• Increasing cargo capacity

What is the expected outcome if Qantas pilots agree to the Project Sunrise proposal?

• Reduction in flight routes

• 1,000 job promotions

• Decrease in pilot salaries

• Closure of international routes

What contingency plan does Qantas have if pilot negotiations for Project Sunrise fail?

• Increasing ticket prices

• Reducing flight frequencies

• Canceling Project Sunrise

• Hiring new pilots from abroad