Annual General Meeting – Chairman’s Address

Qantas today welcomed the Federal Government’s decision to sign the Cape Town Convention, which is expected to reduce the cost of aircraft financing for all Australian airlines. The convention provides finance companies with an internationally recognised set of rights in relation to the aircraft they finance. This provides more certainty for lenders, who in turn […]

Qantas today announced it had reached an agreement to sell its 50 per cent stake in StarTrack to Australia Post and acquire 100 per cent of the air freight business Australian air Express. Qantas expects to receive net proceeds of $408 million plus completion adjustments of approximately $5 million from the transaction. It is estimated […]

Qantas Group today announced Underlying Profit Before Tax of $95 million for the year ended 30 June 2012.

The Qantas Group today announced it would restructure its Boeing 787 aircraft delivery schedule as part of the five-year Qantas International turnaround plan. There is no change to the Group’s plans for the B787-8 aircraft. Deliveries of 15 B787-8s to Jetstar will continue as planned, with the first aircraft to arrive in the second half […]