Shares in Qantas have been placed in a trading halt ahead of a share sale in the company.

Qantas said it would be making an announcement to the ASX in connection with a capital raising comprising an institutional placement and a share purchase plan.

Australia’s flag carrier is increasing domestic capacity to 15 per cent of pre-coronavirus levels following an easing in coronavirus-related social and travel restrictions that had resulted in the airline standing down two-thirds of its 30,000-member workforce in March.