SYDNEY (Reuters) - Qantas Airways Ltd
"I think the business case for doing it is very strong," Qantas CEO Alan Joyce said on a tourism industry webcast.
"The aircraft are not going anywhere," he added. "When we are comfortable in doing it and have the financial strength to do it, we will be doing it."
Before the coronavirus pandemic, the airline had planned this year to order up to 12 Airbus SE
The airline has since grounded 220 planes and halted all international flying with the exception of government repatriation charters and cargo flights.
Qantas on Thursday said it would triple domestic capacity to 15% of normal levels by the end of the month, with the potential to rise to 40% of normal in July if state border restrictions ease.
Joyce said the outlook for international travel was less clear and would depend on countries' getting COVID-19 under control or a vaccine being developed.
Australia, which has few COVID-19 cases, has barred its citizens from almost all outbound travel.
Joyce said that was likely to boost demand for holidays in domestic destinations like Cairns and Broome, and that Qantas would offer low fares to help stimulate demand and reduce the A$40 million ($27.76 million) monthly cash burn from planes sitting on the ground.
($1 = 1.4407 Australian dollars)
(Reporting by Jamie Freed; Editing by Tom Hogue and Gerry Doyle)