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QANTAS TO START REOPENING DOMESTIC LOUNGES FROM 1 JULY
Qantas has announced it will reopen a number of its domestic and regional lounges around the country following the easing of travel and venue capacity restrictions. The airline closed its domestic and international lounges on 23 March, as a result of government enforced restrictions that shut down the majority of domestic and international flying. With […]
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QANTAS COMPLETES ~$1,360 MILLION INSTITUTIONAL PLACEMENT WITH STRONG INVESTOR SUPPORT
The Qantas Group is pleased to announce the successful completion of an approximately $1,360 million fully underwritten placement (Placement) of approximately 372.7 million new shares (Placement Shares) to institutional investors at a price of $3.65 per Placement Share (the Placement Price). The Qantas Group received high levels of interest from both existing institutional shareholders and […]
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QANTAS GROUP ANNOUNCES POST-COVID RECOVERY PLAN AND EQUITY RAISING FOR A STRONGER FUTURE
Three year strategy to guide recovery and return to growth in changed market. Costs reduced by $15 billion during three year period of lower activity; $1 billion in ongoing cost savings per annum from FY23. Around 100 aircraft to be grounded for up to 12 months; some for longer. Job losses and extended stand downs […]
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CEO speech – Qantas Group Post-COVID recovery plan
Qantas Group CEO, Alan Joyce: Good morning. Today we’re making some very significant – and in some cases, very difficult – announcements about the future of the Qantas Group. And they are focused on exactly that – making sure the national carrier has a strong future. Aviation is used to sudden shocks. Qantas has dealt […]
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AUSTRALIANS SNAP UP DOMESTIC SALE FARES
Almost 70,000 Jetstar fares sold since 9am this morning 10,000 $19 Jetstar fares sold out in four hours Qantas domestic bookings double Thousands of other domestic sale fares still available Jetstar’s sale has set new records today, with almost 70,000 of its 200,000 seat sale selling in the first five hours. All 10,000 $19 […]
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