Qantas has posted a record $1.08 billion revenue half-year loss, as it announced it plans to resume international flights in October.
The Australian carrier said the dire financial result was triggered by the freeze on international travel and Australian state border closures caused by the pandemic.
The airline said international Qantas and Jetstar flights will re-commence on October 21 - four months later than the planned resumption date of July.
"The date change aligns with the expected timeframe for Australia's COVID-19 vaccine rollout to be effectively complete," Qantas said in a statement.
"Capacity will be lower than pre-COVID levels, with frequencies and aircraft type deployed on each route in line with the projected recovery of international flying."
Qantas said its international capacity is not expected to fully recover until 2024.
The airline said it remains in discussion with the Federal Government about the reopening of international borders.
Qantas' revenue in the half fell 75 per cent to $2.3 billion, as the number of passengers it carried shrank by 83 per cent.
Mr Joyce said Australians were eager to travel domestically and hoped the threat of snap border closures - which deterred people from booking flights - could lessen once the most vulnerable people were vaccinated.
Article by 9News Staff