Qantas expects to see the first signs of financial recovery during the second half of its financial year 2021 (FY21), which runs from January until June. While the statutory loss will still be significant, the underlying EBITDA should be close to break-even this HY1...
Qantas will reduce costs in the next three years by $15 billion, including the reduction of 6.000 jobs and parking of some 100 aircraft for the coming twelve months. All twelve Airbus A380s will enter deep storage until at least mid-2023, the airline announced on June...
Qantas is on-track for a final decision on the purchase of aircraft for Project Sunrise before the end of this year. But the Australian airline will only proceed if it makes sense economically: “Rest assured Project Sunrise will only be pursued if it meets...
