Here is part of an interview with the Qantas boss on the BBC
Qantas says vaccines will be required to fly
Having less supply of any product normally means that prices climb in response to an increase in demand. However, Mr Joyce doesn't think the combination of fewer seats and the easing of restrictions will lead to higher prices.
"In some cases, we think the airfares could be half of what they were pre-Covid," he said. "And that will be there to stimulate demand."
It could be that way for some time. "Internationally it's going to take a while for it to recover to 2019 levels," the airline boss said.