Today I announce that Qantas reported an Underlying Loss before Tax of $252 million for the six months to December 31 2013, in line with guidance, and a Statutory Loss after Tax of $235 million.

Qantas today announced an Underlying PBT loss of $252 million and a Statutory Loss After Tax of $235 million for the six months ended 31 December 2013.

Key points: $2 billion cost reduction, including 5,000 jobs More than 50 aircraft to be deferred or sold $1 billion capital expenditure reduction Core investment in customer service to continue Qantas today announced detail of its $2 billion cost reduction program and capital expenditure review. Qantas will take action to permanently reduce costs in all parts […]

Qantas and Brisbane Airport Corporation (BAC) have today reached a commercial agreement covering terminal and runway access at Brisbane Airport, which includes arrangements for the airline to dispose of its long-term lease on its terminal.