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QANTAS FLIGHTS FROM MELBOURNE TO BYRON BAY TAKE OFF FOR THE FIRST TIME
Victorians now have more travel options to the popular coastal hub of Byron Bay this summer with Qantas’ new direct flights taking off from Melbourne today. The airline is now operating three return flights per week to Ballina Byron Gateway Airport with its Boeing 737 aircraft, adding more than 1,000 seats on the route each […]
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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 MARKET UPDATE – BALANCE SHEET REPAIR UNDERWAY
Sustained domestic recovery driving strong cash generation. Statutory free cash flow positive for 2H21; Jetstar Underlying EBIT positive in April. Underlying EBITDA of $400-450 million expected in FY21. Strong total liquidity position of $4.0 billion[1]. Net debt has peaked and starting to decline. Forecast statutory loss before tax of more than $2 billion in FY21. […]
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HY21 RESULTS SPEECH – QANTAS GROUP CEO ALAN JOYCE
Good morning. Can I first 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, the Qantas Group has reported a significant half year loss – just over $1.0 billion at the Underlying level and almost $1.5 billion at the […]
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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 […]