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QANTAS ZEROS IN ON EMISSIONS WITH INTERIM TARGET
The Qantas Group today outlined the specific steps it is taking to achieve net zero emissions by 2050, including an interim target to reduce carbon emissions by 25 per cent by 2030. The national carrier today released its Qantas Group Climate Action Plan, making sustainability a key pillar of decision making across all areas of […]
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QANTAS UNVEILS NEW I STILL CALL AUSTRALIA HOME CAMPAIGN
New advertising campaign to showcase the Spirit of Australia as travel recovers. Stars include Kylie Minogue, Hugh Jackman, Ash Barty, Adam Goodes, Troye Sivan, Bangarra dancers, Qantas staff, Olympians and the Qantas Choir. One million international and domestic fares on sale with either double Qantas Points or double status credits. More than 35 years after […]
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QANTAS GROUP POSTS HALF YEAR LOSS BUT STRENGTHENS BALANCE SHEET
Underlying EBITDA loss: $(245) million. Underlying Loss Before Tax: $(1.28) billion. Statutory Loss Before Tax: $(622) million. Positive statutory net free cash flow: $552 million, supported by Mascot land sale and strong Qantas Loyalty and Freight cash contribution. Net debt declined to $5.5 billion; within target range. Total liquidity of $4.3 billion. Flying performance significantly […]
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HY22 RESULTS SPEECH – QANTAS GROUP CEO ALAN JOYCE
Good morning. Can I start by acknowledging the traditional owners of the land we’re meeting on, and pay my respects to their elders – past, present and emerging. Today, the Qantas Group has announced an underlying loss before tax of $1.28 billion dollars, and a statutory loss before tax of $622 million. It’s our fourth […]
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QANTAS AND JETSTAR ADJUST THIRD QUARTER CAPACITY SETTINGS
Qantas and Jetstar are adjusting flying levels to better match travel demand in light of the sudden growth in COVID-19 cases. The Qantas Group now expects domestic capacity for the third quarter of FY22 to be at around 70 per cent of pre-COVID levels, down from the 102 per cent that had been planned. The […]