Qantas Airways Limited (QAN.AX)

UPDATE 3-Australia's Qantas to suspend Shanghai flights on low demand

Qantas Airways said on Tuesday it will suspend flights to Shanghai starting on July 28, citing low demand, nine months after the Australian flag carrier resumed service from Sydney on hopes of a travel rebound following the pandemic. International flight numbers to and from China are about 70% of pre-pandemic levels and have been slower to recover than in other markets because of fewer tourists and a domestic economic slowdown. Qantas aircraft on the Shanghai route will be redirected to other destinations across Asia with higher demand or new tourism opportunities, the company said.