Qantas HY26 results

[moa999]

Along with the FF changes
Increases in underlying profit and dividends.

Note excludes one offs including $110m for Jetstar Asia closure and other restructuring costs

https://www.qantasnewsroom.com.au/media-releases/qantas-group-delivers-strong-1h26-result-as-fleet-expands

 

[moa999]

Additional notes from the text in adjacent page

- delivery of 9x new aircraft in 1H26: 2x A321LRs, 1x A320neo, 4x A220-300s and 2x A321XLRs

- 2 of the 13 ex-3K aircraft are being held for sales (assume this is VH-X3P and X3R which remain stored at ASP.. and were originally Tiger Air aircraft)

- First Sunrise remains at end of calendar year 2026

- Group will purchase an additional A330-300 aircraft in FY26 to support existing A330 operations (this seems separate to the dry leased QPK and QPL, wonder if it's coming from AY)

 

[moa999]

Sunrise now being talked about as mid-2027.
Appears most/all of the 12 aircraft will arrive by June 2029.

 

[Saab34]

2 of the 13 ex-3K aircraft are being held for sales (assume this is VH-X3P and X3R which remain stored at ASP.. and were originally Tiger Air aircraft)

Interesting I thought they would have been leased. Unless they are leased and lessor looking for new client.

 

[SeatBackForward]

While demand for flights from the US to Australia has increased, this has not offset reduced demand in Economy for flights from Australia to the US

The exodus!

In response, Qantas is adjusting some US schedules, replacing the A380 with a 787 on Melbourne-Los Angeles and redeploying the A380 to Sydney-Singapore.

A second A380 service SYD<>SIN

The bit about Loyalty increases beggars belief - we really are suckers for Qantas points!

 

[jrfsp]

The exodus!


A second A380 service SYD<>SIN

The bit about Loyalty increases beggars belief - we really are suckers for Qantas points!

Seems even stranger to launch a LAS flight then considering that will all be outbound traffic.

 

[SeatBackForward]

Seems even stranger to launch a LAS flight then considering that will all be outbound traffic.

I would like to think Qantas are smarter at running an airline that selecting a route based on a few cradle-egg-ball events.