Qantas Airways Limited ( (QUBSF) ) has released its Q2 earnings. Here is a breakdown of the information Qantas Airways Limited presented to its investors.
Qantas Airways Limited, a major player in the aviation industry, operates both domestic and international flights, offering passenger and freight services along with a loyalty program. In its latest earnings report for the half-year ending December 2024, Qantas reported a robust financial performance with a 9% increase in revenue to $12.129 billion and a statutory profit after tax of $923 million, reflecting a 6.2% rise from the previous year. The company also announced a fully franked interim dividend and a special dividend, indicating strong shareholder returns. Key highlights include a 10% increase in international flying capacity and significant growth in the Jetstar Group’s earnings, driven by fleet expansion and strong leisure demand. Qantas Loyalty continued to perform well, with a notable increase in points earned and redeemed. Looking ahead, Qantas remains focused on fleet renewal and enhancing customer experience while navigating industry challenges such as fuel price volatility and competitive pressures.