Qantas Slashes International Capacity as Coronavirus Bites

The transcript discusses the challenges faced by airlines, particularly Qantas, due to the uncertainty of the virus's duration. It highlights strategies like grounding expensive planes and cutting international capacity. Despite the difficulties, there are opportunities such as low oil prices. The financial health of Qantas is analyzed, showing a better position than in previous years, with a focus on balance sheet strength and future outlook.

What is a major concern for airlines like Qantas during the coronavirus pandemic?

• The rise in oil prices

• The abundance of international flights

• The uncertainty of the virus's duration

• The increase in passenger demand

How has Qantas responded to the challenges posed by the pandemic?

• By increasing the number of flights

• By expanding its international routes

• By grounding its most expensive planes

• By hiring more staff

What is one financial benefit for airlines during the pandemic?

• Lower jet kerosene prices

• Higher ticket prices

• Increased passenger numbers

• More government subsidies

What has happened to Qantas's share prices during the pandemic?

• They have increased by 40%

• They have remained stable

• They have doubled

• They have decreased by 40%

How does Qantas's current financial health compare to earlier in the decade?

• It is weaker now

• It is about the same

• It is stronger now

• It has not changed