The Qantas Group has completed a new round of debt funding, securing $1.05 billion in additional liquidity to strengthen its position as it manages through the Coronavirus outbreak. This debt has been secured against part of the Group’s fleet of unencumbered aircraft[1], which were bought with cash in recent years. The loan has a tenure […]

As a result of significant falls in travel demand due to Coronavirus, and new government restrictions across multiple jurisdictions in recent days, Qantas and Jetstar will make further and much larger cuts to domestic and international flying schedules. To be phased in from the end of March 2020 onwards: Total Group International capacity will be […]

Good morning and thank you for joining us, in the room and on the phone. I’m joined by Vanessa Hudson, who has held numerous senior roles at Qantas after starting with us in finance, and is now our Group CFO. I’m pleased to announce that the Qantas Group delivered another strong result in the first […]

The Qantas Group has today announced temporary reductions to flights across Asia in response to a drop in demand due to Coronavirus. The actions were announced as part of the Group’s Half Year Financial Results, where the net profit impact of Coronavirus was estimated at between $100 million to $150 million for FY20 – a […]

Underlying Profit Before Tax: $771 million (down 0.5%) Statutory Profit Before Tax: $648 million (down 6.2%) Record revenue for the Group and record profit for Loyalty Statutory Earnings Per Share: 28.8c (up 3.2%) Return On Invested Capital: 19.6% Net free cash flow: $213 million Shareholder return of up to $351 million: 13.5 cents per share […]