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QANTAS GROUP POSTS THIRD MAJOR LOSS FROM PANDEMIC, STRONG RECOVERY UNDERWAY
Underlying Loss Before Tax: $(1.86) billion. Statutory Loss Before Tax: $(1.19) billion. Underlying EBITDA: $281 million following a $526 million EBITDA performance in 2H. Positive statutory operating cash flow: $2.67 billion. Recovery plan on track for completion, with $1 billion in savings in FY23. Net debt declined to $3.94 billion, below target range. Investment of […]
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FY22 RESULTS SPEECH – QANTAS GROUP CEO ALAN JOYCE
Good morning and thank you for joining us. I’d like to 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 we have released our results for the financial year 2022. It’s fair to say this has been an extremely […]
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Qantas op-ed: Explaining what’s happening with air travel right now
OP ED from Qantas Domestic and International CEO, Andrew David. Much has been said about Qantas in the last few months. Some of it’s fair, as we’re absolutely not delivering the service that our customers expect, but some of it fails to take into consideration what’s happening across the industry here and around the world. […]
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QANTAS AND JETSTAR GEAR UP FOR THE END OF NSW, ACT AND WA SCHOOL HOLIDAYS
Qantas and Jetstar are preparing to fly more than 350,000 customers across Australia over the next four days, with many families returning home to NSW, ACT and WA as the school holidays come to an end. Last week, severe weather in NSW and a spike in COVID and flu cases for operating crew caused high […]
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QANTAS AND JETSTAR GEAR UP FOR NSW, WA AND ACT SCHOOL HOLIDAYS
More than 350,000 customers to travel domestically this weekend. Qantas and Jetstar focussed on improving its operations as more recruits move from training into the business. Qantas turns on seamless international to domestic connections at Sydney Airport reducing congestion in the domestic terminal. Poor weather expected to cause some flight disruptions. Qantas and Jetstar are […]