Highlights: – Strong portfolio performance: – Continuing record results for Jetstar and Qantas Frequent Flyer. – Revenue growth of 6 per cent. – Yield and unit cost improvements. – Offset by industrial action and record high fuel costs. – Improvement in net operating cash flow of 5 per cent. – Strategic initiatives to transform Qantas […]

Qantas CEO Alan Joyce announces the Qantas Group’s half year financial results for 2012.

The Qantas Group today released further details on its response to the European Union (EU) and Australian carbon pricing schemes and increased fuel costs. Higher jet fuel costs and carbon pricing will impact future ticket prices for Qantas and Jetstar passengers travelling domestically and internationally. Fuel Jet fuel is Qantas’ biggest operational cost and market […]

The Qantas Group today reaffirmed its strong financial position despite the decision by Moody’s to downgrade the company’s credit rating. The Group’s credit rating with Moody’s remains investment-grade at Baa3 / stable. Qantas continues to be one of only two airline companies rated investment-grade by both Moody’s and S&P. With operating cashflow strengthening this financial […]