NewsBite

Updated

Qantas hopes for December offshore travel after $2.3b loss

Lucas Baird
Lucas BairdReporter
Updated
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Key Points

  • Full-year revenue ($m), down 58pc
  • Pre-tax loss ($m) -2351.0 v -2708.0 
  • Net loss ($m) -1728.0 v -1964
  • Final dividend (¢) nil v nil

Qantas plunged deeper into the red than expected, reporting a $2.35 billion statutory full-year pre-tax loss as the carrier struggles to manoeuvre its heavily exposed business through the rampant delta COVID-19 variant.

Alan Joyce said the airline’s restructuring program was going well and flagged that Qantas had another $3.8 billion of liquidity to buffer against further shocks. Dominic Lorrimer

Loading...
Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

License article

Read More

Latest In Transport

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/link/follow-20180101-p58m04