Qantas Continues To Invest In Customers Off Strong Profit

The Qantas Group said it is continuing its investment in customers and new aircraft, supported by a A$1.25 billion Underlying Profit Before Tax for the first half of FY24.

Qantas said its earnings were 13 per cent lower than the same period of FY23 as fares and capacity continued to normalise.

The airline said that lower fares contributed to reduced revenue per available seat kilometre which had around a $600 million impact on profit, while freight yields fell by $146 million. However, this was mostly offset by contributions from increased flying of $485 million and the unwinding of transition costs from the read more ⇒

Source:: AirlineRatings.Com

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