Qantas Airways Earnings Call Transcripts
Fiscal Year 2026
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Underlying profit before tax rose 5% year-over-year to AUD 1.46 billion, driven by strong domestic and loyalty performance, accelerated fleet renewal, and robust travel demand. Interim shareholder distribution of up to AUD 450 million was announced, with positive outlook for RASK and loyalty growth.
Fiscal Year 2025
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The AGM highlighted strong financial results, major fleet renewal, and a renewed focus on customer experience, governance, and sustainability. Shareholders approved all director elections and remuneration items, while management addressed key risks, including cybersecurity and supply chain challenges.
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Underlying profit before tax rose 15% to $2.39 billion, driven by strong demand, fleet renewal, and improved operational metrics. Dividends and share buybacks returned $1.26 billion to shareholders, while outlook remains positive with further growth and new aircraft deliveries expected.
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Jetstar Asia will close due to unsustainable costs and competition, unlocking AUD 500 million in capital for redeployment in Australia and New Zealand. The 13 aircraft will be repurposed to support growth and fleet renewal, with financial impacts offset by operational efficiencies and tax benefits.
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Underlying profit before tax rose 11% to AUD 1.39 billion, driven by strong travel demand, fleet renewal, and integrated business performance. Dividend payments resumed, and outlook remains positive with continued growth in domestic, international, and loyalty segments.
Fiscal Year 2024
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The AGM highlighted strong financial results, major investments in fleet renewal, and a renewed focus on governance and sustainability. Leadership changes, a return to dividends, and enhanced customer and employee engagement were emphasized, with all resolutions passing by large margins.
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Underlying profit before tax was AUD 2.08 billion, with strong cash flow and continued investment in fleet and customer experience. Jetstar and Loyalty segments delivered record results, while international and domestic markets saw capacity growth and margin pressure. FY25 guidance includes robust CapEx, transformation targets, and a planned dividend reinstatement.