Qantas Airways Posts FY69 Profit of Over $1.4 Billion

EarningsAnalyst
โดย InfoQuest·AU·Read original
Summary · why it matters

Qantas Airways, Australia's national carrier, reported underlying profit before tax of A$2.06 billion, or about US$1.48 billion, for the fiscal year ended June 30, amid strong demand for international travel and premium services. Revenue from premium passengers on international flights rose 15% in fiscal 2026, growing twice as fast as economy revenue. The airline plans to introduce new business class seats on 16 Airbus A321XLR aircraft, with the first delivery scheduled for 2028, and the new Boeing 787-9 Dreamliner will also feature upgraded business class seats. Qantas expects unit revenue for both domestic and international operations to increase 8-10% in the first half of fiscal 2027, despite higher fuel costs. Meanwhile, Citi maintained a buy rating on Qantas shares after profit came in about 3% above the average Visible Alpha estimate, citing Jetstar and the Qantas Loyalty frequent flyer business as key supports.

Impact on stocks 2

Industrials▲ · 1 stocks
Defense & Geopolitical Fragmentation▲ · 1 stocks

Off-coverage companies 3

Qantas Airways LimitedPrivate▲ Positive
CapitalDemandrelevance

Qantas reported FY underlying profit before tax of A$2.06bn, about 3% above the Visible Alpha estimate, with Citi maintaining a buy rating.

Jetstar Airways Pty LtdPrivate▲ Positive
Capitalrelevance

Citi cited Jetstar as a key support behind Qantas's better-than-expected profit.

Qantas LoyaltyPrivate▲ Positive
Capitalrelevance

Citi cited the Qantas Loyalty frequent flyer business as a key support behind Qantas's better-than-expected profit.

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