Qantas News Room
WEBPosted on 12th September 2024 at 10:06. The Qantas Group has today released its 2024 Annual and Sustainability Reports outlining the progress the national carrier has made over the past 12 months. Together the reports provide detailed disclosures on the Group’s performance against a range of financial and non-financial measures.
Media Releases - Qantas News Room
WEBPosted on 12th September 2024 at 10:06. The Qantas Group has today released its 2024 Annual and Sustainability Reports outlining the progress the national carrier has made over the past 12 months. Together the reports provide detailed disclosures on the Group’s performance against a range of financial and non-financial measures.
QANTAS GROUP RELEASES UPDATE TO LONG-TERM STRATEGY
WEBThe Qantas Group has released detail on its strategy through to 2030, as the national carrier moves from recovery to renewal and growth. At its first Investor Strategy Day since the COVID pandemic, members of the Group’s Management Committee outlined long-term plans across key categories of customer experience, sustainability and its people.
QANTAS BOOSTS INTERNATIONAL NETWORK: RESTORING …
WEBThe network changes will see the Group’s international capacity grow to around 100 per cent of pre-COVID levels by March 2024, up from 44 per cent 12 months ago and 84 per cent today. Most of the flying announced today will be powered by the 2,400 pilots and cabin crew Qantas has recruited into the Group since borders reopened; a further 300 ...
QANTAS GROUP ANNOUNCES MAJOR AIRCRAFT ORDER TO …
WEBDomestically, Qantas will start the renewal of its narrow body jets as part of ‘Project Winton’ with firm orders for 20 Airbus A321XLRs and 20 A220-300s as its Boeing 737s and 717s are gradually retired. The first of these aircraft will start to arrive in late calendar 2023, with the order including purchase right options for another 94 ...
QANTAS GROUP POSTS FIRST FULL YEAR PROFIT SINCE COVID
WEBThe Qantas Group has posted its first full year statutory profit since FY19 and will share the benefits by rewarding employees, reinvesting for customers and returning capital to shareholders. For FY23, the Group achieved an Underlying Profit Before Tax of $2.47 billion and a Statutory After Tax Profit of $1.74 billion.
QANTAS GROUP POSTS SIGNIFICANT LOSS FROM FULL YEAR OF …
WEBStatutory Loss Before Tax: $2.35 billion. $12 billion revenue impact from COVID-19 crisis in FY21. Net debt reduced in 2H21 to $5.9 billion. Statutory Net Free Cash flow of $267 million in 2H21. Restructuring program ahead of target, delivering $650 million in year one. Total liquidity of $3.8 billion, providing buffer against uncertainty.
QANTAS GROUP MARKET UPDATE – STRONG DEMAND DRIVES …
WEBContinued strength in travel demand has resulted in the Qantas Group upgrading its profit expectations for the first half of FY23. The Group now expects an Underlying Profit Before Tax of between $1.35 billion and $1.45 billion. This represents a $150 million increase to the profit range given in early October 2022.
QANTAS GROUP OUTLINES STRATEGY FOR RESTARTING …
WEBThe Qantas Group has today provided more detail on preparations for restarting its international flights, with plans linked to the vaccine rollout in Australia and key overseas markets. On current projections Australia is expected to reach National Cabinet’s ‘Phase C’ vaccination threshold of 80 per cent in December 2021, which would ...
QANTAS UNVEILS NEW BROOME REGIONAL LOUNGE
WEB4 days ago · Published on 20th September 2024 at 8:23. Print Friendly Version. Qantas customers travelling through regional Western Australia will soon enjoy an enhanced airport experience with the development of its new Broome Regional Lounge starting today. Due to open in December 2024, the new space will be double the capacity of the existing lounge ...