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Qantas sees huge turnaround – unveils A350 cabins

Qantas sees huge turnaround – unveils A350 cabins

by Richard Schuurman | Feb 22, 2023 | Airlines | 0 comments

It’s not just happy faces Down Under at Air New Zealand, but at Qantas too. The Australian carrier also returned to profitability in HY1 of FY23, reporting an underlying profit before tax of $1.428 billion versus a $-1.277 billion loss in the same period of FY22. CEO...
Qantas upbeat about even higher pre-tax profit

Qantas upbeat about even higher pre-tax profit

by Richard Schuurman | Nov 23, 2022 | Airlines | 0 comments

Qantas continues to update its HY1 guidance but in a positive way. As demand continues to soar, the Australian carrier expects to close its first six months of FY23 with an underlying profit before tax of between A$1.35 billion and A$1.45 billion, it said on November...
Strong recovery to thrust Qantas to higher profit

Strong recovery to thrust Qantas to higher profit

by Richard Schuurman | Oct 13, 2022 | Airlines | 0 comments

Based on strong forward bookings for the next couple of months, Qantas expects to close HY1 of its FY23 with a better-than-anticipated result. The airline counts on a headline profit before tax of A$1.2 to $1.3 billion, it said on October 13 in a trading update....
Qantas CEO sees solid case for Alliance acquisition

Qantas CEO sees solid case for Alliance acquisition

by Richard Schuurman | Oct 6, 2022 | Airlines | 0 comments

UPDATE – Qantas CEO Alan Joyce is optimistic that his airline will be granted the full acquisition of Alliance Airlines. The Australian Competition and Consumer Commission (ACCC) raised concerns in an interim ruling in August, but Joyce thinks the commission...
Qantas is only looking ahead toward a full recovery

Qantas is only looking ahead toward a full recovery

by Richard Schuurman | Aug 25, 2022 | Airlines | 0 comments

Qantas CEO Alan Joyce isn’t the first to have used these words in the context of airline operations and profitability, but the financial year 2022 which closed on June 30 has been “extremely challenging” for the Australian airline group. Qantas reported its third...
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