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QANTAS GROUP ANNOUNCES MAJOR AIRCRAFT ORDER TO SHAPE ITS FUTURE
Approval of Project Sunrise, with order for 12 x Airbus A350s capable of flying direct from Australia to any other city including New York and London, starting from Sydney in late 2025. Domestic fleet renewal from late 2023, with order for 40 x A321XLRs and A220 aircraft; 94 purchase order rights spread over at least […]
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QANTAS GROUP TRADING UPDATE: THIRD QUARTER FY22
Domestic travel returning to pre-COVID levels ahead of expectations. Strong demand for international travel but some key markets yet to open. Underlying EBITDA for 2H22 expected to be $450–$550 million. Reduction in Net Debt to below pre-COVID levels at $4.5 billion by end April 2022. Recovery and transformation progress give additional confidence for fleet investment […]
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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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FY21 RESULTS SPEECH – QANTAS GROUP CEO ALAN JOYCE
Good morning. As we foreshadowed back in May, the Group has posted a statutory loss before tax of over $2.3 billion for the 2021 Financial Year. At the underlying level, the loss was $1.8 billion. Total revenue lost since the start of the pandemic rose to around $16 billion – and it’s likely to exceed […]
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QANTAS GROUP COMPLETES PROPERTY REVIEW
Qantas and Jetstar commit to retaining their headquarters in Sydney and Melbourne respectively Qantas’ heavy maintenance facilities to remain in Brisbane and be enhanced States secure additional maintenance, flight simulators, commitments to boost jobs as the industry recovers The Qantas Group has completed a review of the location of its key facilities across the country, […]