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Business Results

QANTAS Full Year Financial Results.

August 24, 2016

QANTAS today reported its full year figures for the period to 30th June 2016.  QANTAS reported a Statutory Profit of A$.1.42 billion up from A$789 million last year. QANTAS Domestic showed a profit of A$578 million, up from A$480 million last year. QANTAS International showed a profit of A$512 million, up from A$267 million last year. Jetstar recorded a profit of A$452 million, up from A$230 million last year. Of the Jetstar divisions Jetstar Japan made a profit for the first time.  QANTAS Frequent Flyer reported A$346 million profit, up from a A$315 million profit last year. QANTAS Freight reported an A$64 million profit, down from A$114 million last year.

QANTAS Announce Record Half Year Profit.

February 23, 2016

QANTAS today announced an Underlying PBT profit of A$921 million and a Statutory Profit After Tax of $983 million for the six months ended 31 December 2014.

QANTAS Domestic profit before tax was A$387 Million, up from A$227 Million for the same period last year.

QANTAS International profit before tax was A$270 Million, up from A$59 Million for the same period last year.

Jetstar profit before tax was A$262 Million, up from a A$81 Million for the same period last year.

QANTAS Full Year Figures 2014 – 2015.

August 20, 2015

QANTAS today reported its full year figures for the period to 30th June 2015.  QANTAS reported a Statutory Profit of A$789 million compared to a Statutory Loss of A$2.84 billion last year.. QANTAS Domestic showed a profit of A$480 million, up from A$30 million last year. QANTAS International showed a profit of A$267 million, compared to a loss of A$497 million last year. Jetstar recorded a profit of A$230 million, against a loss of A$110 million last year. Of the Jetstar divisions the New Zealand operation moved into profit for the first time, Jetstar Asia returned to profit, Jetstar Pacific made a profit whilst Jetstar Japan made a loss, albeit a smaller loss than last year. There is no report on how much the Jetstar Hong Kong sage cost. QANTAS Frequent Flyer reported A$315 million profit, up from a A$286 million profit last year. QANTAS Freight reported an A$114 million profit, up from A$24 million last year.

QANTAS Announce Six Month Profit.

February 26, 2015

QANTAS today announced an Underlying PBT profit of A$367 million and a Statutory Profit After Tax of $203 million for the six months ended 31 December 2014.

QANTAS Domestic profit before tax was A$227 Million, up from A$57 Million for the same period last year.

QANTAS International profit before tax was A$59 Million, up from a A$262 Million loss for the same period last year.

Jetstar profit before tax was A$81 Million, up from a A$16 Million loss for the same period last year.

Despite the improved results no dividend will be paid.

QANTAS Full Year Figures 2013 – 2014.

August 28, 2014

QANTAS today reported its full year figures for the period to 30th June 2014.  QANTAS reported a Statutory Loss of A$2.84 billion compared to a Statutory Profit of A$6 million last year. This loss included a A$2.56 billion impairment relating to aircraft and engines leaving an operating loss of A$646 million. QANTAS Domestic showed a profit of A$30 million, down from A$365 million last year. QANTAS International showed a loss of A$497 million, up from A$246 million last year. As this is the first full year of accounts since the inception of the QANTAS/Emirates partnership, which was touted as the answer to QANTAS International’s woes, this has to be regarded as a huge disappointment. JetStar recorded a loss of A$110 million, against a profit of A$138 million last year. This included a loss of A$40 million from Jetstar Asia, but did not specify figures from Jetstar Japan or the still to be launched Jetstar Hong Kong. QANTAS Frequent Flyer reported A$286 million profit, up from a A$260 million profit last year. QANTAS Freight reported an A$24 million profit, down from A$36 million last year.

QANTAS Announce Record Six Month Loss.

February 27, 2014

QANTAS today announced an Underlying PBT loss of $252 million and a Statutory Loss After Tax of $235 million for the six months ended 31 December 2013. This is a record deficit for the company in any six month period. The losses have been attributed as follows:

QANTAS Domestic profit reduced to A$57 Million.

QANTAS International loss increased to A$262 Million.

Jetstar posts a loss of A$16 Million.

The company has responded by embarking on a A$1 Billion capital expenditure reduction and A$1 Billion savings plan which will see the loss of up to 5,000 jobs.

QANTAS To Sell Brisbane Terminal Lease.

February 27, 2014

QANTAS and Brisbane Airport Corporation (BAC) have today reached a commercial agreement covering terminal and runway access at Brisbane Airport, which includes arrangements for the airline to dispose of its long-term lease on its terminal. QANTAS holds a 31 year lease, signed in 1987, on the northern end of the Domestic Terminal at Brisbane Airport which is due to expire on 30 December 2018. Under the new arrangements, Qantas would retain exclusive use and operational control over much of the northern end of the terminal until the end of 2018 while securing rights to key infrastructure beyond this period. In addition, BAC plans to make a significant investment in upgrading and improving facilities and services within the terminal, such as lounges and will assume control of the retail space of this part of the terminal.

Qantas will receive total cash proceeds of $112 million from BAC under the arrangements.

QANTAS Reports Full Year Figures.

August 29, 2013

QANTAS today reported its full year figures for the period to 30th June 2013.  QANTAS reported a Statutory Profit of A$6 million compared to a Statutory Loss of A$244 million last year. The underlying profit is A$192 million up from A$95 million last year. QANTAS Domestic showed a profit of A$365 million, down 21% from last year but with 84% of the corporate market retained. QANTAS International showed a loss of A$246 million, half of last years figure. JetStar reported a profit of A$138 million, down from last year due to lossed involved with JetStar Japan and the yet to get off the ground JetStar Hong King. QANTAS Frequent Flyer reported A$260 million profit, up 13% on last year. QANTAS Freight reported A$36 million profit.

ACCC Approves QANTAS/Emirates Alliance.

March 27, 2013

The Australian Competition and Consumer Commission gave full approval to the QANTAS/Emirates alliance today whilst placing a caveat that the two airlines cannot reduce capacity on the Brisbane – Auckland, Sydney – Auckland, Melbourne – Auckland and Sydney – Christchurch routes on which they overlap.

QANTAS Half Year Results.

February 21, 2013

QANTAS today announced its half year results, showing a new profit of A$111 million and an underlying profit of A$223 million. Sector results show a A$91 million loss for QANTAS International, down from a A$282 million loss. A$218 million profit for QANTAS Domestic, down from A$328 million. A$128 million from JetStar, down from A$147 million, A$137 million from Frequent Flyer, up from A$119 million. A$22 million from freight, down from £38 million. The figures also include a one-off payment of A$125 million from Boeing for late Boeing 787 delays. It is not specified to which Business Unit this has been allocated.

QANTAS/Emirates Tie-Up Receives Draft Approval.

December 19, 2012

The Australian Competition and Consumer Commission released a draft decision today granting QANTAS and Emirates permission for their alliance on the Kangaroo route. However the commission indicating that permission will be granted for a five year period and not the ten years requested. QANTAS codeshare flight numbers will now rapidly appear on Emirates services from Dubai – Europe.

QANTAS Financial Results 2012.

August 23, 2012

QANTAS today announced the following financial results for 2011/2012.

A total loss of $244 million after tax was posted though an underlying profit of before tax of $95 was claimed.

The industrial action, including the decision to ground the fleet, cost £194 million.

QANTAS International made a loss of $450 million whilst the joint QANTAS and JetStar Domestic networks posted a profit of $600 million. No figure was given for JetStar International operations.




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