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  • THOUSANDS OF QANTAS FREQUENT ‘BUYERS’ ENCOURAGED TO REDEEM UNCLAIMED TRAVEL PERKS

    Over 100,000 Australians have unclaimed travel benefits Qantas Frequent Flyers encouraged to check their account New travel and lifestyle benefits added to Points Club program Qantas Frequent Flyer has revealed over 100,000 Points Club members have unclaimed travel benefits like lounge passes, hotel discounts and bonus points waiting to be used. The national carrier launched […]

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  • QANTAS GROUP POSTS HALF YEAR LOSS; FOCUSING ON CASH GENERATION TO REPAIR BALANCE SHEET

    Underlying Loss Before Tax: $1.03 billion Statutory Loss Before Tax: $1.47 billion $6.9 billion revenue impact from COVID-19 crisis in HY21 (down 75%) Underlying operating cash flow: $1.05 billion Total liquidity of $4.2 billion, providing capital for restructuring and buffer against uncertainty Domestic airlines generating positive underlying cash flow Losses in Qantas International offset by […]

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  • QANTAS GROUP MARKET UPDATE – CEO REMARKS

    Good morning and thanks for joining us. Hopefully you’ve had a chance to read our statement. I’d like to talk briefly about the trading conditions we’re seeing and what this means for our financial performance. Vanessa and I are then happy to take your questions. BORDERS Since we last updated the market at our AGM […]

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  • QANTAS GROUP FY20 FINANCIAL RESULTS – NAVIGATING EXCEPTIONAL CONDITIONS

    Underlying Profit Before Tax: $124 million (down 91%) Statutory Loss Before Tax: $2.7 billion (majority of which is non-cash, including aircraft write downs) $4 billion revenue impact from COVID crisis in 2H20 Operating cash flow: $1.1 billion Liquidity of $4.5 billion providing considerable buffer to manage uncertainty Significant progress on initial steps of three-year recovery […]

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