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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 POSTS HALF YEAR LOSS; FOCUSING ON CASH GENERATION TO REPAIR BALANCE SHEET
Underlying Loss Before Tax: $1.03 billion Statutory Loss Before Tax: $1.47 billion $6.9 billion revenue impact from COVID-19 crisis in HY21 (down 75%) Underlying operating cash flow: $1.05 billion Total liquidity of $4.2 billion, providing capital for restructuring and buffer against uncertainty Domestic airlines generating positive underlying cash flow Losses in Qantas International offset by […]
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QANTAS AND JETSTAR PREPARE TO RESUME INTERNATIONAL FLIGHTS FROM LATE OCTOBER
Flights to most international destinations to now resume late October 2021 Trans-Tasman flying to ramp up from July 2021 New flexibility for international bookings, with unlimited flight date changes Qantas and Jetstar are now planning to restart regular international passenger flights to most destinations from 31 October 2021 – a four month extension from the […]
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QANTAS ADDS NEW ROUTES TO NORTH COAST FOR HOLIDAYS BY THE SEA
Three new routes to Coffs Harbour and Byron Bay (Ballina) Additional seats to Coffs Harbour from Sydney for April school holidays Sale fares on new routes from $129 one-way Qantas has today announced it will add three new routes and extra seats to the New South Wales north coast to support growing demand for holidays […]
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QANTAS GROUP ANNOUNCES NEW HOMES FOR FLIGHT SIMULATORS
New Flight Training Centre to be built at Brisbane Airport Existing Flight Training Centre in Melbourne to be expanded New Flight Training Centre in Sydney planned Multiple east coast locations a better match for pilot bases in each city The Qantas Group has today announced the future locations of its flight simulators, with pilots to be trained in […]
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