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QANTAS GROUP PROFIT IN 1H24 SUPPORTS CONTINUED INVESTMENT IN CUSTOMERS
Underlying Profit Before Tax: $1.25 billion (down 13 per cent) Statutory Profit After Tax: $869 million (down 13 per cent) Statutory earnings per share: 52 cents (down 4 per cent) Net debt: $4.0 billion Additional on-market share buy-back of up to $400 million announced. Fares falling as capacity continues to normalise; restart costs unwinding. Significant […]
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QANTAS GROUP EXPANDS INVESTMENT IN CUSTOMERS
New interior of QantasLink A220s revealed; first flights now on sale. Order for 8 additional A321XLRs for Qantas Domestic. Acceleration of Wi-Fi on international flights from late 2024. Major digital investment to help streamline travel experience on the ground. Jetstar adding more than 400,000 seats to meet strong demand for low fare leisure travel[1]. New […]
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QANTAS STATEMENT ON SYDNEY AIRPORT SLOTS SYSTEM
Qantas welcomes reforms to the slot management system at Sydney Airport announced today by the Federal Government. Any improvements to the efficiency of the slots system in Sydney will benefit travellers and have a positive flow on impact to airports around the country, which have been impacted by inefficiencies in Sydney. It will also improve […]
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QANTAS ANNOUNCES NEW CHAIRMAN
Qantas is today announcing two new board members, including a new Chairman, as part of its ongoing renewal. John Mullen will join the Qantas Board from 1 July 2024 as Non-Executive Director and Chairman Elect, and will assume the role of Chairman ahead of the Company’s Annual General Meeting this October. Dr Nora Scheinkestel will […]
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QANTAS DISCOUNTS MORE THAN HALF A MILLION FARES ACROSS AUSTRALIA FOR 72 HOURS
Following overwhelmingly positive customer feedback on Qantas’ recent international sale, the flying kangaroo has discounted more than 500,000 fares on most routes across its domestic network for 72 hours. Domestic Economy sale fares start from $109 one-way, with more than 25 routes on sale for under $150, for travel from April to mid-September 2024. The […]