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QANTAS GROUP MARKET UPDATE: STRONG DEMAND ACCELERATES RECOVERY
Read moreGroup expects 1H23 Underlying Profit Before Tax of between $1.2 billion and $1.3 billion. Operational performance continues to improve; Qantas back at or around pre-COVID service levels in first half of October. Further $200 million investment in continued operational resilience against sick leave spikes, supply chain delays. Accelerated financial recovery enables improvement to wages policy […]
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QANTAS RESPONSE TO FOUR CORNERS’ QUESTIONS
Read moreStaff and union officials have told us that a combination of factors including inexperienced ground handling staff, staff shortages, and flight delays resulting in increase in hours and fatigue, is giving rise to concerns about safety. What’s your response? We completely reject baseless and generalised safety claims from these unions, who have a history of […]
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QANTAS GROUP POSTS THIRD MAJOR LOSS FROM PANDEMIC, STRONG RECOVERY UNDERWAY
Read moreUnderlying Loss Before Tax: $(1.86) billion. Statutory Loss Before Tax: $(1.19) billion. Underlying EBITDA: $281 million following a $526 million EBITDA performance in 2H. Positive statutory operating cash flow: $2.67 billion. Recovery plan on track for completion, with $1 billion in savings in FY23. Net debt declined to $3.94 billion, below target range. Investment of […]
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QANTAS CONFIRMS NEW FLIGHT TRAINING CENTRE IN SYDNEY
Read moreThe Qantas Group will train pilots at a new purpose-built centre in Sydney across its current and future fleet including the aircraft that will operate non-stop flights from the east coast of Australia to London and New York. A new multi-million-dollar facility is proposed for St Peters near Sydney Airport and would provide training for […]
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QANTAS FLIGHTS FROM AUSTRALIA DIRECT TO ROME TAKE OFF
Read moreQantas is set to launch another new international route from Australia this evening, with direct seasonal flights from Perth to Rome taking off in time for the European summer as Australians reignite their passion for globetrotting after two years of travel restrictions. It follows the announcement yesterday that Qantas will also launch two new international […]
