Qantas sounds death knell for Australia/China reboot

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Great news as due to “low demand,” Qantas will stop operating its Sydney-Shanghai flights on July 28. However, if the market recovers completely, the service may be restored at a later time.

The Covid-19 pandemic caused the flights to be suspended for more than three years before they were finally resumed in late October.

According to a network update released on Tuesday, flights to Shanghai had been operating at only half capacity for a few months, which led to the decision to reallocate the A330s utilized on the route.

Less than half of the 124,370 short-term visitors from China that went to Australia in March of 2019 traveled there, with 58,240 visitors, according to data from the Bureau of Statistics.

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Great to see Albo’s grovelling result in nothing. The schism with China is structural. It has plans to occupy the liberal US hegemony in the Pacific with an illiberal version.

See the disintegrating Solomon Islands democracy for the results.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.