The new measures coincides with the company saying its massive debt bill is starting to decline but anticipates it will still book a loss while its international travel operations remain on standby until at least the end of the year.
The major airline revealed consumer confidence had returned to domestic travel, but significant costs relating to redundancies, aircraft writedowns and depreciation charges would likely cause a statutory loss for financial year 2021 in excess of A$2 billion ($2.1b).
Qantas chief executive Alan Joyce said the recovery would be long, but the company was beginning to turn a corner.
"The fact we're making inroads to the debt we needed to get through this crisis shows the business is now on a more sustainable footing," Joyce said.
"The main driver is the rebound of domestic travel, which now looks like it will be bigger than it was pre-Covid, at least until international borders reopen."
Underlying earnings before interest, tax, depreciation and amortisation is tipped to hit a range of A$400-450 million for FY21.
Net debt levels peaked in February at A$6.4b, with Qantas believing the debt will lower by the end of the financial year.
Qantas has a liquidity position of A$4b; however, total revenue loss from Covid-19 for FY21 is expected to be A$16b.
"We've adjusted our expectations for when international borders will start opening based on the government's new timeline, but our fundamental assumption remains the same – that once the national vaccine rollout is effectively complete, Australia can and should open up," Joyce said.
"That's why we have aligned the date for international flights restarting in earnest with a successful vaccination program."
All domestic planes are now back in service, with Qantas and Jetstar expected to reach a capacity average of 107 and 120 per cent respectively above pre-pandemic levels during the next financial year.
