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  • QANTAS GROUP MARKET UPDATE: STRONG DEMAND ACCELERATES RECOVERY

    Group 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 AND JETSTAR DISCOUNT ONE MILLION SEATS IN MEGA SALE

    More than one million heavily discounted airfares for flights across Australia are up for grabs with Qantas, QantasLink and Jetstar today launching the biggest combined Qantas Group domestic flights sale of the year. One-way fares starting from just $35* on Jetstar and $99^ on Qantas and QantasLink are now available for travel across Australia next […]

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  • QANTAS GROUP POSTS THIRD MAJOR LOSS FROM PANDEMIC, STRONG RECOVERY UNDERWAY

    Underlying 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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  • FY22 RESULTS SPEECH – QANTAS GROUP CEO ALAN JOYCE

    Good morning and thank you for joining us. I’d like to acknowledge the Traditional Custodians of the land, the Gadigal people of the Eora Nation and pay my respects to Elders, past, present and emerging. Today we have released our results for the financial year 2022. It’s fair to say this has been an extremely […]

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  • QANTAS GROUP MARKET UPDATE – JUNE 2022

    Travel demand remains strong across all categories, driving further improvement in net debt levels to around $4.0 billion by end FY22. Additional resources for school holiday peak in place. $5,000 recovery boost for 19,000 employees announced. Domestic capacity reductions to help recover higher fuel prices; no change to International. Expectation of Underlying EBITDA for 2H22 […]

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