According to IATA, Australia's domestic load factor fell 93.8% year-on-year for June - the worst figure for any domestic network.
Makes you wonder how sustainable even a skeleton service is.
For the size of our 25 million population, we have a large (and previously well patronised) domestic network. There's no high speed rail (yet) to compete against, and distances are large, so we can't compare the much bigger Oz domestic air network to say Argentina or Spain's. Maybe Canada, certainly mainland China, perhaps India and definitely United States are the ones to compare us against.
As one of our aviators on AFF commented, 'you're (as in 'we are') basically watching the airlines go broke.'
Even if load factors and fares per seat are high (the former which I'm not sure about - one small example was a friend who flew last week SYD - CFS on a Q400 turboprop who said the flight was 50 per cent full with the first two rows having a QF staff member in uniform in each), all the domestic airlines of any size have a large number of aircraft either stabled or on reduced utilisation.
Plus, of course, no international passenger flights by QFi or the much smaller VAi 2.0.
The QF CEO has said the extension of JobKeeper to March 2021 is very helpful. True, but it cannot continue to infinity, so eventually all airlines have to address how to manage what all are predicting which is reduced demand in 2021.
Forecasts can be wrong, but unfortunately thus far if anything they've tended to be too optimistic. I doubt two weeks ago that QF/VA/JQ managements would have thought Queensland would today ban Sydneysiders today from entering the Sunshine State effective from 0100 hours on Saturday 1 August 2020.
That sort of decision - without warning - throws transport providers into chaos. Now they all have the cost of paying passengers refunds for bookings that cannot be honoured. A nightmare if you ask me.