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QANTAS FUELS DECARBONISATION PLANS WITH NEW CORPORATE PROGRAM
National Carrier’s new program allows corporate customers to reduce emissions through sustainable aviation fuel Demand from businesses a key step towards development of local SAF industry Qantas has joined forces with five large companies in Australia to show the demand that exists for a local sustainable aviation fuel (SAF) industry in Australia by preferencing it […]
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QANTAS TO SELL REMAINING STAKE IN HELLOWORLD
Qantas has agreed to sell its 12.4 per cent shareholding in Helloworld Travel Limited for approximately $33 million as it sharpens its focus on post-COVID recovery. The national carrier has held a stake in the travel agency network since 2008, when it was spun off from a merger of Qantas Holidays and Jetset Travel. Qantas’ […]
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QANTAS STRENGTHENS BALANCE SHEET WITH SALE OF SURPLUS MASCOT LAND
Sale of land to generate gross proceeds of $802 million. Accelerates progress towards reaching net debt target range by end of FY22. Additional land sale and development proposals by LOGOS under consideration. The Qantas Group has entered into binding agreements with a consortium led by LOGOS Property Group for the sale of 13.8 hectares of […]
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QANTAS COMPLETES BOND REFINANCING IN OVERSUBSCRIBED OFFER
The Qantas Group has completed a seven-year A$500m unsecured bond with a coupon of 3.15 per cent. The bond is being issued to refinance an A$300m bond maturing in May 2022. The bond was oversubscribed by a factor of six, with a book build of around A$1.9bn and highly competitive rates that led to the […]
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STATEMENT FROM QANTAS AND JAL ON ACCC DECISION ON PROPOSED JOINT BUSINESS
Qantas and Japan Airlines (JAL) have expressed their disappointment at the Australian Competition and Consumer Commission’s (ACCC) decision to block the airlines’ plans to form a joint business that would have boosted the recovery of tourism when international borders reopen. The airlines had sought approval from the ACCC in December 2020 to work more closely […]
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